Netskope major holder ICONIQ buys 306K shares
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Form Type
4
Rhea-AI Filing Summary
Entities affiliated with ICONIQ Strategic Partners, reported as 10% owners of Netskope Inc, bought a total of 306,399 shares of Class A Common Stock in open‑market transactions at weighted average prices of $12.2550 and $12.4214 per share, with individual trades executed within price ranges from $12.17 to $12.50. Following these purchases, directly held positions reported in the filing increased to 851,919 and 916,690 shares, alongside substantial additional indirect holdings through various ICONIQ funds. General partner entities and certain individuals disclaim beneficial ownership except to the extent of their pecuniary interest.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 306,399 shares
Net Buy
8 txns
Insider
ICONIQ Strategic Partners VIII Holdings, L.P., ICONIQ Strategic Partners VIII GP, L.P., ICONIQ Strategic Partners VIII TT GP, LLC, Makan Divesh
Role
10% Owner | 10% Owner | 10% Owner | 10% Owner
Bought
306,399 shs ($3.77M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F4, F2, F3 | 64,771 | $12.4214 | $805K |
| Purchase | Class A Common Stock F1, F2, F3 | 241,628 | $12.255 | $2.96M |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
| holding | Class A Common Stock F2, F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 916,690 shares (Direct);
Class A Common Stock — 8,723,318 shares (Indirect, ICONIQ Strategic Partners VI, L.P.);
Class A Common Stock — 12,854,199 shares (Indirect, ICONIQ Strategic Partners VI-B, L.P.);
Class A Common Stock — 18,872,434 shares (Indirect, ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS));
Class A Common Stock — 13,169,285 shares (Indirect, ICONIQ Strategic Partners II, L.P.);
Class A Common Stock — 10,308,897 shares (Indirect, ICONIQ Strategic Partners II-B, L.P.);
Class A Common Stock — 2,339,380 shares (Indirect, ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS))
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $12.17 to $12.30. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.
- F2. 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.
- F3. (continued) Divesh Makan and William J.G. Griffith are the sole equity holders of ICONIQ Parent GP II and the sole managing members of ICONIQ Parent GP VIII, and Divesh Makan, William J.G. Griffith and Matthew Jacobson are the sole equity holders of ICONIQ Parent GP VI. Each of ICONIQ GP II, ICONIQ Parent GP II, ICONIQ GP VI, ICONIQ Parent GP VI, ICONIQ GP VIII, ICONIQ Parent GP VIII and Messrs. Makan, Griffith and Jacobson disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), except to the extent of its or his pecuniary interest therein, if any. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- F4. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $12.35 to $12.50. Full information regarding the number of shares purchased at each separate price can be furnished to the SEC staff upon request.
Key Figures
Total shares purchased: 306,399 shares
Purchase on July 10, 2026: 241,628 shares at $12.2550 per share
Purchase on July 13, 2026: 64,771 shares at $12.4214 per share
+3 more
6 metrics
Total shares purchased
306,399 shares
Aggregate open-market purchases of Netskope Class A Common Stock reported in July 2026
Purchase on July 10, 2026
241,628 shares at $12.2550 per share
Open-market buy of Netskope Class A Common Stock at a weighted average price
Purchase on July 13, 2026
64,771 shares at $12.4214 per share
Additional open-market buy of Netskope Class A Common Stock at a weighted average price
Direct holdings after July 10 buy
851,919 shares
Direct Netskope Class A shares reported following the 241,628-share purchase
Direct holdings after July 13 buy
916,690 shares
Direct Netskope Class A shares reported following the 64,771-share purchase
Largest indirect holding
18,872,434 shares
Indirect Netskope Class A shares held via ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS)
Key Terms
weighted average price, beneficial ownership, pecuniary interest, Section 16 of the Securities Exchange Act of 1934
4 terms
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.
beneficial ownership regulatory
"disclaims beneficial ownership of the securities reported herein for purposes of Section 16"
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.
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein, if any"
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did ICONIQ report for Netskope (NTSK)?
Entities affiliated with ICONIQ Strategic Partners reported buying 306,399 Netskope Class A shares in open‑market transactions at weighted average prices of $12.2550 and $12.4214, increasing the group’s reported direct shareholdings.
What are ICONIQ’s direct Netskope (NTSK) holdings after these trades?
After the reported open‑market purchases, direct holdings reported in the filing increased to 851,919 and 916,690 Netskope Class A shares. The report also lists substantial additional indirect holdings through various ICONIQ investment funds.
Were the Netskope (NTSK) insider purchases single trades or price ranges?
The reported per‑share prices are weighted averages. Footnotes explain that the Netskope shares were bought in multiple transactions within price ranges from $12.17–$12.30 and $12.35–$12.50, rather than at single uniform prices.
What indirect Netskope (NTSK) holdings are listed for ICONIQ funds?
The Form 4 lists indirect holdings of Netskope Class A shares by several ICONIQ funds, including 18,872,434 shares held via ICONIQ Strategic Partners VI Co‑Invest, L.P. (Series NS), alongside other multi‑million‑share positions in related partnerships.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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