Watt Eric Todd 4

What Happened

• Eric Todd Watt, Chief Accounting Officer of NETSCOUT (NTCT), had restricted stock units (RSUs) vest on January 27, 2026 that converted into 3,750 shares of common stock. To cover withholding taxes, 1,304 shares were surrendered/withheld at $27.87 per share for a total of $36,342. Net shares retained by Watt after withholding were approximately 2,446 shares.

Key Details

• Transaction date: January 27, 2026; Form 4 filed January 28, 2026.
• Transaction types/codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld to satisfy tax withholding.
• Withheld shares: 1,304 shares disposed at $27.87 each for $36,342 (price represents the closing price on Jan 26, 2026).
• Shares acquired upon vesting: 3,750 (per footnote stating RSUs converted to common stock).
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: F1 (shares acquired upon RSU vesting), F3 (shares withheld for tax withholding), F4 (closing price on Jan 26, 2026). Other footnotes note N/A items (F2, F5).
• Filing timeliness: Reported on Jan 28 for a Jan 27 transaction (no late filing flag shown).

Context

• This was not an open-market purchase or sale for investment purposes but a routine RSU vesting event with shares withheld to cover taxes (a common cashless-withholding practice). For retail investors, such vesting shows insider compensation being converted to stock but does not by itself signal a buy or sell decision by the insider.