4Filed Sep 10, 8:00 PM ET

NETSCOUT Director Marlene Pelage Receives 7,000 RSUs, Sells Same-Day

$NTCT · NETSCOUT SYSTEMS INC

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NETSCOUT Director Marlene Pelage Receives 7,000 RSUs, Sells Same-Day

What Happened
Marlene Pelage, a director of NETSCOUT Systems, had 7,000 restricted stock units (RSUs) awarded/vested and those RSUs were converted to common stock and disposed shortly after vesting. The filing shows a 9/9/2026 award of 7,000 RSUs (grant A), followed by conversion/exercise entries on 9/10/2026 that reflect the acquisition and simultaneous disposition of 7,000 shares. No per-share price or total dollar amount is reported (price listed as N/A).

Key Details

  • Transaction dates: Award granted 2026-09-09; RSU conversion/acquisition and disposition recorded 2026-09-10.
  • Prices/values: Price noted as N/A in the filing; no total proceeds disclosed.
  • Shares owned after transaction: Not disclosed in this Form 4.
  • Footnotes: F1 confirms shares were acquired upon vesting of previously granted RSUs. F3 describes vesting conditions (attendance and continued service requirements and potential delayed vesting). F5 cites 09/10/2026 as a relevant date for conversion/settlement.
  • Filing timeliness: Form 4 was filed on 2026-09-11 (following transactions on 9/9–9/10); filing appears within the standard short window for Form 4 submissions.

Context
This sequence reflects RSUs vesting and being converted into common shares (a derivative conversion/exercise) with those shares then disposed the same day. The filing does not state the reason for the disposition (e.g., sale for cash or tax withholding), and no dollar amounts are reported, so investors cannot infer trade value from this filing alone.