A Form 4 filed with the SEC on August 26, 2026, by Sanjay Munshi, Chief Operating Officer of NetScout Systems Inc. (NASDAQ:NTCT), discloses the vesting of restricted stock units and the withholding of shares to cover tax obligations on August 25, 2026.

Key Highlights

  • RSU Vesting: 3,000 shares of Common Stock were acquired upon the vesting of restricted stock units previously granted to the reporting person.
  • Shares Withheld for Taxes: 731 shares of Common Stock were withheld to satisfy tax withholding obligations, at a price of $37.81 per share, representing the closing price on August 24, 2026.
  • Post-Transaction Ownership: Following the transactions, Munshi directly holds 8,998 shares of Common Stock.
  • Remaining RSU Balance: Munshi holds 34,410 restricted stock units following the reported transactions.
  • Transaction Date: Both the vesting and withholding transactions occurred on August 25, 2026.

NetScout COO RSU Vesting Details and Resulting Share Position

According to the filing, Sanjay Munshi, serving as Chief Operating Officer of NetScout Systems Inc., reported two transactions on August 25, 2026. The first, coded "M," reflects the acquisition of 3,000 shares of Common Stock resulting from the vesting of previously granted restricted stock units. The filing notes the price is not applicable for this transaction.

The second transaction, coded "F," shows that 731 shares of Common Stock were disposed of at $37.81 per share. The filing identifies this price as the closing price of the company's Common Stock on August 24, 2026. These shares were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units, as stated in the filing's explanation of responses.

Following both transactions, the filing discloses that Munshi directly owns 8,998 shares of Common Stock and retains 34,410 restricted stock units. The Form 4 was signed by Anthony Piazza by Power of Attorney and filed on August 26, 2026. The filing indicates this was filed by one reporting person and does not indicate an amendment to a prior filing.

What Was Disclosed

The filing disclosed the vesting of 3,000 restricted stock units held by NetScout's Chief Operating Officer, the withholding of 731 shares at $37.81 for tax purposes, and a resulting direct ownership of 8,998 shares of Common Stock and 34,410 remaining restricted stock units.