Form 4: NetScout CEO Anil Singhal Receives Equity Grant

NetScout Systems CEO Anil Singhal was granted 43,200 restricted stock units and 28,800 performance stock units on May 28, 2026.

Summary

• Anil K. Singhal, President and CEO of NetScout Systems, Inc., received a grant of 43,200 restricted stock units (RSUs).
• The CEO also received a grant of 28,800 performance stock units (PSUs).
• The RSUs vest in four equal annual installments starting May 28, 2027.
• The PSUs vest based on relative total shareholder return over a 36-month period ending May 27, 2029.
• The filing notes the forfeiture of 36,000 prior performance stock units granted in 2022 due to non-attainment of performance goals.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard executive compensation practices, balanced by the disclosure of previously unvested performance awards.

Positives

• Equity grants align executive compensation with long-term shareholder interests through multi-year vesting schedules.

Negatives

• Previous performance stock units granted in 2022 resulted in 0% vesting, indicating failure to meet established performance targets.

Risks

• Performance-based equity may not vest if relative total shareholder return targets are not met over the 36-month performance period.

Future Outlook

The performance stock units are subject to a 36-month performance period ending May 27, 2029, with vesting contingent upon relative total shareholder return.

Management Comments

• The Compensation Committee determined that 0% of the prior performance stock units granted in 2022 would vest.

Industry Context

StockSavvy.ai notes that executive equity grants are standard practice for retention and alignment, though the forfeiture of prior performance-based awards highlights the rigorous nature of current compensation hurdles in the technology sector.

Comparison to Industry Standards

• The use of relative total shareholder return (TSR) as a performance metric is consistent with institutional investor preferences for performance-based pay.
• Four-year vesting schedules for RSUs are standard practice among mid-cap technology firms.

Stakeholder Impact

• Shareholders should note the alignment of executive incentives with long-term performance metrics.

Next Steps

• Vesting of first RSU installment on May 28, 2027.
• Performance evaluation of PSUs at the conclusion of the 36-month period ending May 27, 2029.

Key Dates

Keywords

NetScout, NTCT, Insider Trading, Executive Compensation, Form 4, Equity Grant