SCHEDULE: T. Rowe Price Discloses 6.5% Stake in Netskope Class A

T. Rowe Price Investment Management, Inc. has reported a 6.5% beneficial ownership stake in Netskope Inc.'s Class A Common Stock.

Summary

• T. Rowe Price Investment Management, Inc. (TRPIM) has filed a Schedule 13G, disclosing its beneficial ownership in NETSKOPE INC-CL A.
• TRPIM beneficially owns an aggregate of 3,100,262 shares of Common Stock, representing 6.5% of the class.
• TRPIM holds sole voting power over 3,092,225 shares and sole dispositive power over 3,100,262 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Netskope Inc.

Sentiment

Score: 5

Explanation: This is a neutral, factual disclosure of beneficial ownership by an institutional investor, providing no inherent positive or negative sentiment regarding the issuer's performance or outlook.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• T. Rowe Price Investment Management, Inc. certifies that, to the best of its knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding significant institutional ownership, which can influence market perception and liquidity.
• Regulatory Authorities: Fulfills SEC disclosure requirements for beneficial ownership exceeding 5%.

Key Dates

Keywords

Netskope, T. Rowe Price, Investment Management, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Schedule 13G