Netskope Inc (NTSK) awards director Eric Wolford 16,778 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wolford Eric reported acquisition or exercise transactions in this Form 4 filing.
Netskope Inc director Eric Wolford received a grant of 16,778 Restricted Stock Units (RSUs), each representing one share of Class A Common Stock. The RSUs vest on the earlier of July 8, 2027 or the date of the company’s next annual meeting of stockholders, and are shown as directly owned.
Positive
- None.
Negative
- None.
Insights
Director received 16,778 RSUs as routine equity compensation.
Director Eric Wolford was granted 16,778 Restricted Stock Units, each convertible into one share of Class A Common Stock. The grant price is shown as $0.0000, consistent with RSUs being compensation rather than a market purchase.
The RSUs vest on the earlier of July 8, 2027 or the date of the next annual stockholders’ meeting, tying vesting to continued service and corporate governance timing. This is a non-market, compensation-related acquisition and does not reflect open-market buying or selling activity.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wolford Eric
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 16,778 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 16,778 shares (Direct)
Footnotes (1)
- 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.
Key Figures
RSUs granted: 16,778 units
RSU grant price: $0.0000 per unit
RSU vesting date: July 8, 2027
+1 more
4 metrics
RSUs granted
16,778 units
Restricted Stock Units granted to director Eric Wolford on July 8, 2026
RSU grant price
$0.0000 per unit
Reported transaction price per RSU for the July 8, 2026 grant
RSU vesting date
July 8, 2027
Vests on the earlier of July 8, 2027 or the next annual meeting
RSUs following transaction
16,778 units
Total Restricted Stock Units directly held after the reported award
Key Terms
Restricted Stock Units, Class A Common Stock, vest
3 terms
Restricted Stock Units financial
"Each restricted stock unit, or RSU, represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"to receive one share of Issuer Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vest financial
"The RSUs vest on the earlier of (i) July 8, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What equity award did Netskope Inc (NTSK) director Eric Wolford receive?
Director Eric Wolford received a grant of 16,778 Restricted Stock Units (RSUs) from Netskope Inc, each RSU representing a contingent right to receive one share of Class A Common Stock.
When do Eric Wolford’s 16,778 RSUs at Netskope Inc (NTSK) vest?
The 16,778 RSUs granted to Eric Wolford vest on the earlier of July 8, 2027 or the date of Netskope Inc’s next annual meeting of stockholders, subject to the specified vesting conditions.
Are Eric Wolford’s RSUs in Netskope Inc (NTSK) an open-market purchase?
No. Eric Wolford’s 16,778 RSUs are reported as a grant or award acquisition with a transaction price of $0.0000 per unit, indicating compensation rather than an open-market stock purchase.
What security do Eric Wolford’s RSUs at Netskope Inc (NTSK) convert into?
Each of Eric Wolford’s Restricted Stock Units represents a contingent right to receive one share of Netskope Inc’s Class A Common Stock, subject to the RSUs’ vesting conditions being satisfied.
How many Netskope Inc (NTSK) RSUs does Eric Wolford hold after this transaction?
After this reported transaction, Eric Wolford is shown as directly holding 16,778 Restricted Stock Units of Netskope Inc, corresponding to a potential 16,778 shares of Class A Common Stock upon vesting and settlement.