SCHEDULE: Lightspeed Funds Disclose Netskope Stake

Several Lightspeed Venture Partners entities have filed a Schedule 13G, detailing their collective beneficial ownership of Netskope, Inc. Class A common stock as of June 30, 2026.

Summary

• This filing is a Schedule 13G, an amendment to a previous filing, indicating a joint filing agreement among various Lightspeed Venture Partners entities.
• The filing details the beneficial ownership of Netskope, Inc. Class A common stock by these entities as of June 30, 2026.
• Collectively, the Reporting Persons beneficially own 62,843,207 shares of Class B common stock.
• The total beneficial ownership across all reporting persons is 15.6% of the common stock and 19.9% of the Class A common stock.
• The percentages are based on 405,573,649 shares of common stock outstanding as of May 26, 2026, adjusted for conversions.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as neutral to slightly positive, as it primarily concerns a joint filing agreement and ownership disclosure rather than new operational or financial performance data.

Positives

• Significant collective ownership stake (15.6% of common stock, 19.9% of Class A common stock) by Lightspeed entities indicates strong investor confidence.
• The filing clarifies the ownership structure and beneficial holdings of major investment funds in Netskope, Inc.

Negatives

• The filing does not contain new financial performance data or operational updates, limiting insights into the company's current health.

Risks

• Potential for future changes in ownership or investment strategy by Lightspeed entities could impact Netskope's stock.

Future Outlook

This filing does not contain forward-looking statements or specific future guidance from Netskope, Inc. It pertains to ownership disclosures by an investment firm.

Industry Context

StockSavvy.ai notes that this filing reflects the significant role venture capital firms like Lightspeed play in the cybersecurity sector, particularly in supporting growth-stage companies like Netskope.

Stakeholder Impact

• Shareholders may view the significant stake held by Lightspeed as a positive indicator of investor belief in Netskope's long-term prospects.

Next Steps

• Monitor future filings from Lightspeed Venture Partners for any changes in their stake or strategy regarding Netskope, Inc.

Key Dates

Keywords

Netskope, Lightspeed Venture Partners, Schedule 13G, Beneficial Ownership, Class A Common Stock, Venture Capital, Investment Funds, SEC Filing