4/A: NETSCOUT CFO Amends Stock Ownership Filing, Details Tax-Related Share Withholding
Insider Transaction Report Amendment
NETSCOUT Systems' EVP & CFO, Anthony John Piazza, filed an amended Form 4 detailing the withholding of 847 shares of common stock for tax obligations related to restricted stock unit vesting.
Summary
- Anthony John Piazza, Executive Vice President & Chief Financial Officer of NETSCOUT SYSTEMS INC (NTCT), filed an amended Form 4.
- The amendment clarifies a transaction on June 2, 2025, where 847 shares of Common Stock were disposed of.
- These shares were withheld by the company to satisfy Mr. Piazza's tax withholding obligation upon the vesting of restricted stock units.
- The price per share for the withheld stock was $22.84, which represents the closing price of the company's Common Stock on May 30, 2025.
- Following this transaction, Mr. Piazza beneficially owns 16,698 shares of NETSCOUT Common Stock directly.
Sentiment
Score: 5
Explanation: Neutral. The filing reports a routine, non-discretionary transaction (tax withholding) related to executive compensation, which has no direct positive or negative implications for the company's operational or financial performance.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 05/30/2025 | Closing price of Common Stock ($22.84) used for tax withholding calculation. |
| 06/02/2025 | Date of transaction where shares were withheld for tax obligations. |
| 06/04/2025 | Date of original Form 4 filing (being amended). |
| 06/09/2025 | Date the amended Form 4 was signed. |
Keywords
NETSCOUT Systems, NTCT, Anthony John Piazza, Form 4/A, SEC filing, insider transaction, stock ownership, restricted stock units, tax withholding, CFO
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