Form 4: NETSCOUT Systems Exec Reports Stock Transactions
Statement of Changes in Beneficial Ownership
NETSCOUT Systems EVP & CFO Anthony Piazza reported transactions involving restricted stock units and common stock.
Summary
- Anthony Piazza, EVP & Chief Financial Officer of NETSCOUT Systems, Inc., reported transactions on June 15, 2026.
- 2,000 shares of Common Stock were acquired upon the vesting of restricted stock units.
- 589 shares of Common Stock were withheld to satisfy tax obligations related to the vesting of restricted stock units.
- Following these transactions, Mr. Piazza beneficially owns 27,754 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions related to equity compensation rather than significant strategic or financial events.
Positives
- Vesting of restricted stock units indicates continued equity-based compensation for key management.
- The company is managing tax obligations efficiently through share withholding.
Negatives
- Withholding of shares for tax purposes represents a reduction in the net shares received by the executive.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and reflect routine equity compensation events for executives at technology companies like NETSCOUT Systems.
Stakeholder Impact
- Shareholders: The transactions do not indicate a change in beneficial ownership that would significantly impact control or voting power. The withholding of shares for taxes is a standard practice.
- Employees: The vesting of RSUs for the EVP & CFO highlights the company's use of equity as a compensation tool for its senior leadership.
- Management: The transactions reflect the ongoing compensation and equity awards for the EVP & CFO.
Key Dates
| Date | Description |
|---|---|
| 06/12/2026 | Closing price of the Company's Common Stock used for tax withholding calculation. |
| 06/15/2026 | Date of earliest transaction reported, involving vesting of RSUs and tax withholding. |
| 06/17/2026 | Date of signature on the Form 4 filing. |
Keywords
NETSCOUT Systems, NTCT, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, EVP & CFO, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.