NETSCOUT (NTCT) Director Robert Donahue Exercises/ Sells 7,000 Shares

What Happened Robert E. Donahue, a director of NETSCOUT SYSTEMS, had 7,000 restricted stock units (RSUs) reported as granted/vested and then converted to common stock and disposed of. The RSUs were recorded as an award on 2026-09-09 (7,000 shares, $0.00 grant value) and the derivative conversion/exercise and subsequent disposition (sale) of 7,000 shares occurred on 2026-09-10. The filing does not report sale prices or gross proceeds (price listed as N/A).

Key Details

• Transactions reported:
  • 2026-09-09: Award/Grant (A) — 7,000 RSUs vested (grant price $0.00).
  • 2026-09-10: Exercise/Conversion (M) — 7,000 RSUs converted to common stock (acquired) and 7,000 shares disposed (sold) on 09/10/2026.
• Price/proceeds: Not reported in the filing (Price = N/A).
• Shares owned after the transactions: Not specified in this filing.
• Notable footnotes:
  • F1: Shares of common stock were acquired upon the vesting of previously granted RSUs.
  • F3: RSU vesting was subject to an attendance condition (must attend ≥75% of board/committee meetings during fiscal 2027) or else vesting is delayed until 09/09/2029; continuous service required through vesting date.
• Timeliness: Form 4 was filed on 2026-09-11 for transactions on 09/09 and 09/10 — the filing appears timely.

Context

• These were RSU vesting and conversion transactions (derivative-related), not open-market purchases. The immediate disposition of the converted shares is often done to cover tax withholding or to realize value, but the filing does not state the reason or sale price. As a director-level sale, this is typically considered routine insider activity rather than a clear bullish signal.