SZABADOS MICHAEL 4

What Happened
Michael Szabados, a director of NETSCOUT Systems, sold 4,000 shares of NETSCOUT common stock on February 18, 2026 at $29.18 per share, generating proceeds of $116,720. The sale was reported on a Form 4 filed February 20, 2026 and is recorded as an open-market transaction (Disposition).

Key Details

• Transaction date and price: February 18, 2026 — 4,000 shares at $29.18 each (total $116,720).
• Filing date: Form 4 filed February 20, 2026 (two days after the trade), which appears timely under Form 4 rules.
• Shares/units after transaction: The filing references performance stock units (PSUs) adjustments; see footnote F4 regarding PSUs held after forfeiture of 27,240 unachieved PSUs. (No explicit common-share post-sale balance was provided in the summary information.)
• Notable footnotes:
  • F1: Shares were sold pursuant to a 10b5‑1 trading plan adopted May 23, 2025 (prearranged sale).
  • F3/F4: Prior PSUs granted Oct 26, 2022 (18,000) were subject to relative TSR vesting; Compensation Committee determined 0% vested on Nov 3, 2025, and 27,240 unachieved PSUs were forfeited (per F4).
  • F2: Indicates a price is N/A for an item in the filing (likely relates to PSU entries, not the open-market sale).

Context
A sale executed under a 10b5‑1 plan is a preplanned transaction and is generally treated as routine rather than a direct signal of the insider’s view on the company. For retail investors, purchases typically carry more informational weight than routine sales; this filing documents a scheduled disposal and includes PSU adjustments determined by the Compensation Committee.