Griffith William J.G. 4

What Happened
William J.G. Griffith (listed as a director) reported the conversion of a total of 42,769,954 shares of Netskope Class B common stock into an equal number of Class A common shares. The filings show these as derivative conversions (code C) on 2026-03-13. The conversions were recorded with $0.00 consideration (no cash paid or received) — a 1:1 conversion of Class B to Class A.

Key Details

• Transaction date: 2026-03-13 (period of report). Form shows multiple conversion entries that aggregate to 42,769,954 shares.
  • Breakout by converting vehicle (from footnotes): 8,127,540; 11,976,293; 18,872,434; 1,931,110; 1,511,670; 350,907 (all converted 1:1 to Class A).
• Price/consideration: $0.00 per share listed for the disposals (typical for a conversion of share class).
• Shares owned after transaction: not stated in the excerpt provided.
• Related parties: conversions were made by ICONIQ-related entities (see footnotes). The filing states the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Not a sale or open-market trade — this is a change in share class, not an indication of buying or selling for cash.
• No indication in the provided data that the filing was late.

Context

• Converting Class B to Class A at 1:1 is usually a technical/structural move (e.g., to enable trading or comply with capitalization rules) and does not itself represent a market buy or sell.
• Footnotes note that Class B shares are convertible at the holder’s option and may automatically convert on a set schedule (automatic conversion provisions are referenced).
• Because these were conversions by ICONIQ funds (institutional holders) and the reporting person disclaims beneficial ownership beyond pecuniary interest, this filing primarily documents a transfer between share classes rather than a director-level personal trade.