Netskope Inc (NASDAQ: NTSK) sees 610,291-share ICONIQ fund buy and new RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Netskope Inc director and ten-percent owner representative William J.G. Griffith reported an open‑market purchase by an affiliated fund and a new equity award. On July 8, 2026, ICONIQ Strategic Partners VIII Holdings, L.P., an entity associated with him, purchased 610,291 shares of Class A Common Stock at a weighted average price of $11.824 per share, with individual trades between $11.595 and $11.94. On the same date he received a grant of 16,778 restricted stock units, each representing one share of Class A Common Stock, vesting on the earlier of July 8, 2027 or the company’s next annual stockholder meeting. Multiple ICONIQ Strategic Partners funds are shown as indirectly holding additional blocks of Class A shares; Griffith and other ICONIQ principals disclaim beneficial ownership of these securities except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Affiliated fund adds shares while director receives modest RSU grant.
An ICONIQ Strategic Partners vehicle associated with director William J.G. Griffith purchased 610,291 Netskope Class A shares at a weighted average of $11.824 on July 8, 2026. The filing also lists sizeable existing indirect holdings across several ICONIQ Strategic Partners funds.
Separately, Griffith received 16,778 RSUs, vesting on the earlier of July 8, 2027 or the next annual stockholder meeting, aligning part of his compensation with shareholder value over that timeframe. Footnotes state that proceeds from any sale of RSU shares will be transferred to ICONIQ Capital, LLC and that he disclaims beneficial ownership except for any pecuniary interest, underscoring that much of the reported stake is held through managed investment entities rather than personally.
Insider Trade Summary
Net Buyer: 610,291 shares ($7,216,081)
Net Buy
8 txns
Insider
Griffith William J.G.
Role
null
Bought
610,291 shs ($7.22M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 16,778 | $0.00 | -- |
| Purchase | Class A Common Stock | 610,291 | $11.824 | $7.22M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 16,778 shares (Direct, null);
Class A Common Stock — 610,291 shares (Indirect, ICONIQ Strategic Partners VIII Holdings, L.P.)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $11.595 to $11.94. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request. ICONIQ Strategic Partners II GP, L.P. ("ICONIQ GP II") is the sole general partner of ICONIQ Strategic Partners II, L.P., ICONIQ Strategic Partners II-B, L.P., and ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS). ICONIQ Strategic Partners II TT GP, Ltd. ("ICONIQ Parent GP II") is the sole general partner of ICONIQ GP II. ICONIQ Strategic Partners VI GP, L.P. ("ICONIQ GP VI") is the sole general partner of ICONIQ Strategic Partners VI, L.P., ICONIQ Strategic Partners VI-B, L.P. and ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS). ICONIQ Strategic Partners VI TT GP, Ltd. ("ICONIQ Parent GP VI") is the sole general partner of ICONIQ GP VI. ICONIQ Strategic Partners VIII GP, L.P. ("ICONIQ GP VIII") is the sole general partner of ICONIQ Strategic Partners VIII Holdings, L.P. ICONIQ Strategic Partners VIII TT GP, LLC ("ICONIQ Parent GP VIII") is the sole general partner of ICONIQ GP VIII. (continued) Divesh Makan and the Reporting Person are the sole equity holders of ICONIQ Parent GP II and the sole managing members of ICONIQ Parent GP VIII, and Divesh Makan, the Reporting Person and Matthew Jacobson are the sole equity holders of ICONIQ Parent GP VI. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose. Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class A Common Stock. The RSUs vest on the earlier of (i) July 8, 2027 or (ii) the date of the Issuer's next annual meeting of stockholders. The RSUs are held by the Reporting Person, a director of the Issuer. The proceeds of any sale of shares of Class A Common Stock issued to the Reporting Person upon settlement of the RSUs will be transferred to ICONIQ Capital, LLC. The Reporting Person disclaims beneficial ownership of these shares for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Key Figures
Open-market shares purchased: 610,291 shares
Weighted average purchase price: $11.824 per share
RSUs granted: 16,778 units
+3 more
6 metrics
Open-market shares purchased
610,291 shares
Class A Common Stock purchased by ICONIQ Strategic Partners VIII Holdings, L.P. on July 8, 2026
Weighted average purchase price
$11.824 per share
Average price for the 610,291 Class A shares bought on July 8, 2026; trades ranged from $11.595 to $11.94
RSUs granted
16,778 units
Restricted stock units awarded to William J.G. Griffith on July 8, 2026, each for one Class A share
RSU vesting date
July 8, 2027
RSUs vest on the earlier of July 8, 2027 or the date of Netskope’s next annual stockholder meeting
ICONIQ Strategic Partners II, L.P. holding
13,169,285 shares
Indirect Class A Common Stock holding reported for ICONIQ Strategic Partners II, L.P.
ICONIQ Strategic Partners VI, L.P. holding
8,723,318 shares
Indirect Class A Common Stock holding reported for ICONIQ Strategic Partners VI, L.P.
Key Terms
restricted stock unit, weighted average price, pecuniary interest, Section 16 of the Exchange Act, +1 more
5 terms
restricted stock unit financial
"Each restricted stock unit, or RSU, represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any."
Section 16 of the Exchange Act regulatory
"for purposes of Section 16 of the Exchange Act, except to the extent"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the securities reported herein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What open-market purchase did Netskope Inc (NTSK) report for William J.G. Griffith?
An entity associated with director William J.G. Griffith, ICONIQ Strategic Partners VIII Holdings, L.P., purchased 610,291 shares of Netskope Class A Common Stock at a weighted average price of $11.824 per share on July 8, 2026.
What restricted stock units did William J.G. Griffith receive from Netskope (NTSK)?
He received a grant of 16,778 restricted stock units (RSUs), each representing one share of Netskope Class A Common Stock. The filing states these RSUs vest on the earlier of July 8, 2027 or the company’s next annual meeting of stockholders.
When do William J.G. Griffith’s Netskope (NTSK) RSUs vest?
The RSUs granted to William J.G. Griffith vest on the earlier of July 8, 2027 or the date of Netskope’s next annual meeting of stockholders, at which time each vested RSU entitles him to one share of Class A Common Stock.