4Filed Sep 10, 8:00 PM ET

NETSCOUT (NTCT) Director Vivian Vitale Receives 7,000 RSUs, Sells 7,000 Shares

$NTCT · NETSCOUT SYSTEMS INC

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NETSCOUT (NTCT) Director Vivian Vitale Receives 7,000 RSUs, Sells 7,000 Shares

What Happened
Vivian M. Vitale, a director of NETSCOUT Systems, had 7,000 restricted stock units (RSUs vest) reported as an award on 2026-09-09. The RSUs vested and converted to common stock; the filing shows a conversion/exercise event and a subsequent disposal of 7,000 shares on 2026-09-10. The filing reports no dollar prices for these transactions (price listed as N/A).

Key Details

  • Transaction types: A (award/vesting of RSUs) on 2026-09-09; M (exercise/conversion of derivative) showing acquisition and a separate M showing disposition on 2026-09-10.
  • Share counts: 7,000 RSUs vested; 7,000 shares were converted/acquired and 7,000 shares disposed.
  • Prices/values: Award recorded at $0.00 (derivative); sale/exercise price listed as N/A — no cash amounts disclosed in the Form 4.
  • Shares owned after the transaction: not specified in the filing.
  • Footnotes: RSUs vested per footnote; vesting was subject to an attendance/continuous-service condition — all RSUs vest on the first anniversary of the grant if the director attends ≥75% of board/committee meetings during fiscal 2027, otherwise vesting may be delayed until 09/09/2029. (See filing for full conditions.)
  • Filing timeliness: Form 4 was filed 2026-09-11 for transactions on 09/09 and 09/10 — the filing appears timely under Section 16 reporting rules.
  • No indication of a 10b5-1 plan, tax-withholding disposition, or other special plan shown in the reported items.

Context
This was an award (RSU vesting) followed by an immediate conversion and disposal of the resulting shares. Awards and subsequent same-day sales by directors are common for tax-liability or portfolio-management reasons and are not, by themselves, a clear signal of company outlook. Because no sale price or proceeds are disclosed, investors cannot determine the dollar value of the disposition from this Form 4 alone.