Lightspeed Venture Partners Select, L.P. sold 10,621 Netskope shares at $14.90 per share on 2026-09-11, taking its direct holding to zero. Investors can distinguish that outcome from its derivative position, where a 2026-09-10 transaction represented about 17.6% of its prior holding.
Key Highlights
- Lightspeed Venture Partners Select, L.P. sold 10,621 shares at $14.90 per share.
- A derivative-securities transaction represented about 17.6% of the insider’s prior holding.
- Lightspeed Venture Partners Select, L.P. reported a transaction involving 3,034,693 Netskope shares on 10 September 2026.
- The same date included a C-coded transaction involving 3,034,693 derivative securities, leaving 14,161,900 derivative securities held.
Netskope Inc (NASDAQ: NTSK) saw Lightspeed Venture Partners Select, L.P. report a transaction involving 3,034,693 shares on 10 September 2026. The insider’s direct holding was later reduced to zero through a separate sale on 11 September 2026. Lightspeed Venture Partners Select, L.P. is identified as an insider of Netskope.
Netskope Transactions Include Shares and Derivatives
The same date included a C-coded transaction involving 3,034,693 derivative securities. Lightspeed Venture Partners Select, L.P. held 14,161,900 derivative securities after that transaction.
$14.90 Sale Eliminates Direct Shareholding
On 11 September 2026, Lightspeed sold 10,621 Netskope shares at $14.90 per share. The sale represented about 100.0% of its prior shares holding. Those percentages apply to different pre-transaction holdings, so the direct-share sale and derivative-security transaction describe separate ownership measures.
FAQs
Q: What did Lightspeed Venture Partners Select do with Netskope shares?
A: Lightspeed Venture Partners Select, L.P. reported a transaction involving 3,034,693 Netskope shares on 10 September 2026. On 11 September 2026, it sold 10,621 shares at $14.90 per share, reducing its direct holding to zero.
Q: Did Netskope insider ownership reach zero?
A: Yes. After the $14.90-per-share sale, Lightspeed Venture Partners Select, L.P. owned zero Netskope shares, while its derivative securities holding was reported separately.
Q: How large was the Netskope insider derivative transaction?
A: The derivative transaction involved 3,034,693 derivative securities in a C-coded transaction on 10 September 2026. Afterward, Lightspeed Venture Partners Select, L.P. held 14,161,900 derivative securities.
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