DEL MATTO ANDREW H 4

4 · Netskope Inc · Filed Jul 6, 2026

AI-generated summary of this filing

Updated Jul 6, 2026

Netskope (NTSK) CFO Andrew Del Matto Receives RSUs; Withholds Shares

What Happened

Andrew H. Del Matto, CFO of Netskope (NTSK), had 15,625 derivative awards convert into Class A common stock on July 1, 2026. The conversion was recorded at $0.00 per share (no cash paid). To cover tax withholding in connection with the vesting, 8,638 shares were surrendered/withheld at $10.94 per share, equal to $94,500.
Effectively, 15,625 Class B/RSU-related units were converted to Class A shares on a 1:1 basis and a portion (8,638) was withheld to satisfy tax obligations, leaving a net of 6,987 newly issued shares to the insider (15,625 − 8,638 = 6,987).

Key Details

Transaction date: July 1, 2026 (reported on Form 4 filed July 6, 2026). Filing appears timely given the July 4 holiday timing.
Prices and values: conversion at $0.00; 8,638 shares withheld at $10.94 each = $94,500 withheld for taxes.
Shares owned after transaction: Not specified in the filing provided.
Relevant footnotes: Class B shares are convertible 1:1 into Class A (F1, F3). The 8,638 shares were withheld specifically to satisfy tax liability from RSU vesting (F4).
Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability (here, tax withholding).

Context

This was not an open‑market sale or purchase. It reflects awards/derivative conversion and routine tax withholding upon RSU vesting (a common administrative/cashless settlement), not a directional buy/sell signal.
For retail investors, these kinds of filings typically indicate executive compensation vesting rather than a discretionary purchase or liquidation.

Form 4

Period: 2026-07-01

Chief Financial Officer

Transactions

Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-07-01−15,625→ 171,875 total
→ Class B Common Stock (15,625 underlying)
Exercise/Conversion
Class B Common Stock
[F1][F3]
2026-07-01+15,625→ 326,526 total
→ Class A Common Stock (15,625 underlying)
Tax Payment
Class B Common Stock
[F1][F4][F3]
2026-07-01$10.94/sh−8,638$94,500→ 317,888 total
→ Class A Common Stock (8,638 underlying)

Footnotes (4)

[F1]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder.
[F2]The remaining RSUs vest in 11 equal quarterly installments beginning on October 1, 2026.
[F3]The shares of Class B Common Stock automatically convert to shares of Class A Common Stock on a 1:1 basis on or prior to September 19, 2035 as set forth in the Issuer's amended and restated certificate of incorporation.
[F4]The shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.

Signature

/s/ James Bushnell, by power of attorney|2026-07-06

1 file