Form 4: Netscout Systems CEO Anil Singhal Transfers Shares Between Trusts
SEC Form 4 Filing
Anil Singhal, President & CEO of Netscout Systems, reports the transfer of 400,000 shares of common stock between trusts on May 14, 2025.
Summary
- On May 14, 2025, Anil K Singhal, the President & CEO of Netscout Systems Inc, reported a transaction involving the transfer of common stock between trusts.
- 400,000 shares were received by a trust where Singhal is deemed a beneficial owner from a trust where he is not.
- These shares were then immediately transferred to another trust where Singhal is not considered a beneficial owner.
- Following these transactions, Singhal directly owns 395,755 shares and indirectly owns 1,453,238 shares through various trusts for the benefit of himself and his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transfers. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This is a routine disclosure related to executive stock ownership and does not necessarily reflect a change in the company's financial health or strategic direction.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of the stock transfer transaction. |
| 05/15/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Netscout Systems, Anil Singhal, Form 4, Beneficial Ownership, Stock Transfer, Trusts, NTCT
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