Form 4: NetScout Systems COO Michael Szabados Sells 6,500 Shares

Chief Operating Officer of NetScout Systems, Michael Szabados, sold 6,500 shares of common stock on February 4, 2025, at a weighted average price of $23.4691 per share.

Summary

• Michael Szabados, the Chief Operating Officer of NetScout Systems, Inc., sold 6,500 shares of common stock on February 4, 2025.
• The sale was executed at a weighted average price of $23.4691 per share, with individual sales prices ranging from $23.1800 to $23.9100.
• The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on June 11, 2024.
• Following the transaction, Szabados directly owns 35,989 shares of NetScout Systems, Inc.
• The reporting person has undertaken to provide full information regarding the number of shares sold at each separate price within the range set forth in the footnote.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. The sale could be for personal financial planning and doesn't necessarily reflect a negative view of the company's prospects.

Industry Context

Insider sales are a common occurrence and are often viewed in the context of overall company performance and insider sentiment. It's important to consider the size of the sale relative to the individual's holdings and whether the sale is part of a pre-planned trading program.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.

Key Dates