Form 4: NetScout Systems COO Michael Szabados Sells 7,500 Shares

Chief Operating Officer of NetScout Systems, Michael Szabados, sold 7,500 shares of common stock on May 13, 2025, at a weighted average price of $22.7715 per share.

Summary

• Michael Szabados, the Chief Operating Officer of NetScout Systems, Inc., executed a sale of company stock on May 13, 2025.
• A total of 7,500 shares of common stock were sold at a weighted average price of $22.7715 per share.
• The sale was conducted under a pre-arranged 10b5-1 trading plan adopted on June 11, 2024.
• Following the transaction, Szabados directly owns 28,489 shares of NetScout Systems, Inc.
• The reporting person has granted power of attorney to Anthony Piazza, Eric Watt, and Jeff Levinson to execute Forms 3, 4, and 5 on their behalf.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.

Industry Context

Form 4 filings are a routine part of insider trading activity and provide transparency into the transactions of company executives. The use of a 10b5-1 plan suggests the sale was pre-planned.

Stakeholder Impact

• The sale of shares by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the executive's reasons for selling.

Key Dates

Keywords

Form 4, NetScout Systems, NTCT, Michael Szabados, Stock Sale, 10b5-1 Plan, Chief Operating Officer, Beneficial Ownership