NETSCOUT (NTCT) Director Christopher Perretta Sells Shares

What Happened

• Christopher Perretta, a director of NETSCOUT Systems, reported the sale of 7,000 shares of NETSCOUT common stock on September 11, 2026. The shares were sold at $38.00 per share for a total proceeds of $266,000. This was a sale (S) — typically a routine disposition rather than a purchase signal.

Key Details

• Transaction date and price: 2026-09-11 — 7,000 shares @ $38.00 each.
• Total proceeds: $266,000.
• Method: Open-market or private sale (report lists sale code "S").
• Footnote: The sale was made pursuant to a 10b5-1 trading plan adopted by Perretta on May 28, 2026 (F1).
• Filing date: Form 4 was filed with the SEC on 2026-09-14. (This is within the SEC’s usual two-business-day window for Form 4 filings for a Sep 11 transaction.)
• Shares owned after transaction: Not disclosed in the provided excerpt — consult the full Form 4 for post-transaction holdings.

Context

• Sales under pre-established 10b5-1 plans are common for insiders to schedule trades in advance; they do not by themselves indicate a change in the insider’s view of the company.
• For retail investors, purchases by insiders generally carry more informational weight than routine sales; this transaction appears to be a planned sale rather than an opportunistic market-timing trade.