Watt Eric Todd 4

What Happened
Eric Todd Watt, Chief Accounting Officer of NETSCOUT Systems, was granted 10,000 restricted stock units (RSUs) reported on a Form 4 with a transaction date of June 19, 2026. The award is a derivative grant (no purchase price reported). The filing shows the award amount but does not report a dollar value or shares owned after the grant.

Key Details

• Transaction date: June 19, 2026; Form 4 filed June 25, 2026 (filed after the typical two-business-day reporting window).
• Shares/units granted: 10,000 RSUs (derivative award). Price: N/A.
• Vesting: RSUs vest in four equal annual installments; first vesting on June 19, 2027 (footnote).
• Shares owned after transaction: Not reported on the filing.
• Footnotes: F1 (price N/A), F2 (four equal annual installments, first on 6/19/2027), F3 (date N/A).
• No indication of tax withholding, sale, or immediate cashless exercise in this filing.

Context
RSU awards are compensation and vest over time; they do not represent immediately tradable shares until vesting. Such grants are common for executives and are not, by themselves, a direct buy or sell signal about the insider’s market view. The Form 4 was filed several days after the reported transaction date, which is later than the standard two-business-day deadline for insider reporting.