Form 4: NETSCOUT CFO Anthony Piazza Reports Vesting of Restricted Stock Units

NETSCOUT Systems, Inc.'s Executive Vice President and Chief Financial Officer, Anthony Piazza, reported the acquisition of 2,500 shares of common stock through the vesting of restricted stock units.

Summary

• Anthony John Piazza, EVP & Chief Financial Officer of NETSCOUT SYSTEMS INC (NTCT), reported a transaction on June 2, 2025.
• Mr. Piazza acquired 2,500 shares of NETSCOUT Common Stock upon the vesting of previously granted restricted stock units (RSUs).
• Following this transaction, Mr. Piazza beneficially owns 17,545 shares of Common Stock directly.
• Concurrently, 2,500 derivative securities (Restricted Stock Units) were disposed of due to their vesting.
• After the transaction, Mr. Piazza beneficially owns 38,600 derivative securities (Restricted Stock Units).
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. It's a routine compensation event (RSU vesting) which is expected. The executive's direct ownership increases, which can be seen as a positive alignment of interests. No negative information is present.

Positives

• The transaction represents a routine vesting of restricted stock units, indicating the fulfillment of compensation agreements for a key executive.
• The acquisition of common stock increases the direct ownership stake of a senior executive, potentially aligning management's interests with shareholders.

Negatives

• No negative aspects are directly indicated by this routine insider transaction.

Risks

• No specific risks are mentioned in this Form 4 filing, as it primarily reports changes in beneficial ownership.

Future Outlook

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

Management Comments

• The filing indicates that the transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Industry Context

This Form 4 filing is a routine disclosure of an insider's equity transaction and does not provide information relevant to broader industry trends or competitive analysis.

Related Party Transactions

• The transaction involves the acquisition of common stock by a key executive (Anthony John Piazza, EVP & CFO) from the company as part of his compensation, which is a related party transaction.

Stakeholder Impact

• Shareholders: The transaction represents a routine compensation event for a key executive, potentially aligning management's interests with shareholders through increased direct stock ownership.
• Employees: No direct impact on general employees is indicated.

Key Dates

Keywords

NETSCOUT SYSTEMS INC, NTCT, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Executive Compensation, Anthony Piazza, Beneficial Ownership