Form 4: NETSCOUT Director Sells 3,500 Shares Under 10b5-1 Plan
Insider Transaction Report
NETSCOUT Systems Director Joseph Hadzima Jr. sold 3,500 shares of common stock for $22.03 per share under a pre-arranged 10b5-1 plan.
Summary
- Joseph G. Hadzima Jr., a Director of NETSCOUT SYSTEMS INC (NTCT), reported the sale of 3,500 shares of common stock.
- The transaction occurred on August 12, 2025, with shares sold at a price of $22.03 per share.
- The sale was executed pursuant to a Rule 10b5-1 plan, which was adopted by Mr. Hadzima Jr. on December 11, 2024.
- Following this transaction, Mr. Hadzima Jr. directly beneficially owns 124,298 shares of NETSCOUT SYSTEMS INC common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral. While an insider sale can sometimes be viewed negatively, the execution under a pre-arranged 10b5-1 plan mitigates concerns about the timing or motivation of the sale, suggesting it was part of a planned financial strategy rather than a reaction to new information.
Positives
- The sale was conducted under a pre-arranged Rule 10b5-1 plan, indicating a scheduled transaction rather than one based on immediate, non-public information.
Negatives
- A director's sale of shares, even under a 10b5-1 plan, reduces their direct ownership stake in the company.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding the company's future performance.
Industry Context
This Form 4 filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: The transaction represents a minor reduction in a director's direct ownership, which is generally not a significant event, especially given the 10b5-1 plan.
Key Dates
| Date | Description |
|---|---|
| 12/11/2024 | Date the Rule 10b5-1 plan was adopted by the Reporting Person. |
| 08/12/2025 | Date of the reported transaction (sale of common stock). |
| 08/14/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
NETSCOUT, NTCT, Form 4, Insider Transaction, Stock Sale, Director, Joseph Hadzima Jr., 10b5-1 Plan
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