NTCT.NASDAQNetscout Systems INC

Form 4: Netscout Systems Executive Jean A. Bua Reports Stock Transactions

Sentiment:

SEC Form 4

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Jean A. Bua, EVP, Chief Financial Officer and Treasurer of Netscout Systems, reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to her beneficial ownership of company stock.

Summary

  • Jean A. Bua, an executive at Netscout Systems, reported several transactions involving the company's common stock.
  • These transactions occurred on October 26, 2023, June 3, 2024, and June 4, 2024.
  • The transactions involved the vesting of restricted stock units and the subsequent withholding of shares to cover tax obligations.
  • As a result of these transactions, Bua's direct ownership of Netscout Systems common stock changed.
  • The reporting person's title is EVP, Chief Financial Officer and Treasurer.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.

Key Dates

DateDescription
10/26/2023Vesting of restricted stock units and tax withholding.
06/03/2024Vesting of restricted stock units and tax withholding.
06/04/2024Vesting of restricted stock units and tax withholding.
06/05/2024Date of signature for the Form 4 filing.

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