Form 4: NETSCOUT CFO Anthony Piazza Reports Routine Stock Transactions Following RSU Vesting

NETSCOUT Systems, Inc.'s Executive Vice President and Chief Financial Officer, Anthony John Piazza, reported the acquisition of common stock through restricted stock unit vesting and a subsequent sale of shares to cover tax obligations.

Summary

• Anthony John Piazza, EVP & Chief Financial Officer of NETSCOUT SYSTEMS INC (NTCT), reported transactions involving the company's common stock.
• On June 15, 2025, Mr. Piazza acquired 2,000 shares of Common Stock upon the vesting of previously granted restricted stock units (RSUs).
• Following this acquisition, Mr. Piazza's beneficial ownership of Common Stock increased to 20,397 shares.
• Concurrently, on June 15, 2025, 589 shares of Common Stock were disposed of at a price of $23.25 per share.
• This disposition was specifically to satisfy the reporting person's tax withholding obligation related to the RSU vesting.
• After both transactions, Mr. Piazza's direct beneficial ownership of Common Stock stands at 19,808 shares.
• Additionally, Mr. Piazza beneficially owns 34,200 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reports routine insider transactions related to executive compensation (RSU vesting and tax withholding), which are expected and do not indicate discretionary buying or selling based on company performance or outlook.

Positives

• The vesting of 2,000 restricted stock units indicates a realization of compensation for the EVP & CFO, reflecting a standard component of executive remuneration.

Negatives

• The disposition of 589 shares was solely for tax withholding purposes, which is a non-discretionary sale and does not reflect a negative sentiment towards the company's future prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction report and does not provide specific insights into broader industry trends or competitive dynamics beyond the company's executive compensation practices.

Stakeholder Impact

• Shareholders: This is a routine compensation event for an executive and does not directly impact the company's operational or financial performance. It provides transparency into executive stock ownership.
• Employees: No direct impact on general employees.

Key Dates

Keywords

NETSCOUT SYSTEMS, NTCT, Anthony John Piazza, CFO, Executive Compensation, Restricted Stock Units, RSU Vesting, Insider Transaction, SEC Form 4, Stock Ownership, Tax Withholding