NetScout Systems Inc EVP of Worldwide Sales Operations John Downing filed a Form 4 on October 27, 2026, reporting the vesting of restricted stock units and a related tax withholding transaction on October 26, 2026, listed on NASDAQ:NTCT.

Key Highlights

  • RSU vesting: 6,750 shares of Common Stock were acquired on October 26, 2026, upon the vesting of previously granted restricted stock units.
  • Tax withholding: 3,218 shares were withheld on October 26, 2026, to satisfy the reporting person's tax withholding obligation, at a price of $39.67 per share.
  • Reference price: The $39.67 price represents the closing price of the company's Common Stock on October 23, 2026, according to the filing.
  • Remaining direct holdings: Following the transactions, Downing directly held 131,341 shares of Common Stock.
  • Derivative securities: Downing retained 54,000 restricted stock units following the reported transaction.
  • Filing authority: The form was signed by Jeff Levinson by Power of Attorney on October 27, 2026.

NetScout Systems EVP Downing Reports RSU Vesting and Tax Withholding

According to the Form 4 filed with the SEC on October 27, 2026, John Downing, Executive Vice President of Worldwide Sales Operations at NetScout Systems Inc (NASDAQ:NTCT), reported two transactions in Common Stock on October 26, 2026. The first was the acquisition of 6,750 shares through the vesting of restricted stock units previously granted to the reporting person, coded as an "M" transaction in the filing. The price for this acquisition is listed as not applicable, consistent with RSU vesting events.

The second transaction, coded "F," involved the disposition of 3,218 shares withheld to satisfy Downing's tax withholding obligation arising from the RSU vesting. The filing states that $39.67 per share was used as the reference price, representing the closing price of the company's Common Stock on October 23, 2026. Following both transactions, Downing's direct beneficial ownership of Common Stock stood at 131,341 shares, according to the filing.

In Table II, the filing reports that 6,750 restricted stock units were settled through the "M" transaction on October 26, 2026, with 54,000 restricted stock units remaining beneficially owned directly by Downing after the reported transaction. The form was filed by one reporting person and was signed by Jeff Levinson acting by Power of Attorney.

What Was Disclosed

The filing disclosed an RSU vesting event of 6,750 shares and the withholding of 3,218 shares for taxes at $39.67 per share for NetScout Systems EVP John Downing, leaving him with 131,341 shares of Common Stock and 54,000 remaining restricted stock units held directly.