4/A: NETSCOUT COO Sanjay Munshi Reports Routine Stock Transaction for Tax Withholding
Insider Transaction Report
NETSCOUT Systems, Inc.'s Chief Operating Officer, Sanjay Munshi, reported a disposition of 759 shares of common stock valued at $22.84 per share to cover tax obligations upon the vesting of restricted stock units.
Summary
- Sanjay Munshi, Chief Operating Officer of NETSCOUT SYSTEMS, INC., filed an amended Form 4 (Form 4/A) detailing a change in beneficial ownership.
- On June 2, 2025, Mr. Munshi disposed of 759 shares of NETSCOUT Common Stock.
- The disposition was a 'F' transaction code, indicating shares were withheld to satisfy tax withholding obligations 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. Munshi beneficially owns 1,991 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: The document reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment as it does not indicate a change in the executive's confidence or the company's performance.
Positives
- The transaction indicates the vesting of restricted stock units (RSUs) for the Chief Operating Officer, which is a form of equity compensation and a positive event for the executive.
Negatives
- The disposition of shares was solely for tax withholding purposes and does not represent a voluntary sale by the executive, thus it is not inherently negative for the company's outlook.
Future Outlook
This filing is a routine insider transaction report and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a standard insider transaction filing (Form 4/A) and does not provide information relevant to broader industry trends or competitive analysis. It reflects a routine compensation event for an executive.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a significant sale or purchase indicating a change in insider sentiment.
- Employees: No direct impact beyond the executive involved.
Key Dates
| Date | Description |
|---|---|
| 05/30/2025 | Closing price of Common Stock ($22.84) used for the transaction. |
| 06/02/2025 | Date of the reported transaction (disposition of shares). |
| 06/04/2025 | Date the original Form 4 was filed. |
| 06/09/2025 | Date the amended Form 4/A was signed. |
Keywords
NETSCOUT SYSTEMS INC, NTCT, Sanjay Munshi, Chief Operating Officer, SEC Form 4/A, Beneficial Ownership, Insider Transaction, Restricted Stock Units, Tax Withholding, Equity Compensation
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