Bousquet Raphael 4

4 · Netskope Inc · Filed Jul 6, 2026

AI-generated summary of this filing

Updated Jul 6, 2026

Netskope (NTSK) CRO Raphael Bousquet Receives RSUs; Shares Withheld

What Happened

Raphael Bousquet, Chief Revenue Officer of Netskope (NTSK), had RSUs vest on July 1, 2026 that converted into 75,075 shares of Class B common stock. To satisfy tax withholding, 6,923 shares were withheld at $10.94/share, generating $75,738. Net newly issued shares to the reporting person after withholding were 68,152.
The filings show zero exercise price on the derivative conversions, consistent with RSU vesting (no cash paid). Some technical entries record conversion/exercise and conversion of Class B shares; these are clerical steps tied to RSU settlement.

Key Details

Transaction date: July 1, 2026. Withheld shares sold/retained to cover taxes at $10.94/share for $75,738.
Shares reported acquired via RSU vesting: 75,075; shares withheld for taxes (disposed): 6,923; net shares received: 68,152.
Footnotes: F2 = shares withheld to satisfy tax liability; F3 = each RSU equals one share of Class B common stock; F4–F8 describe remaining RSU vesting schedules; F9 = Class B shares convert 1:1 to Class A per charter (automatic by 9/19/2035).
Shares owned after the transaction are not specified in the provided filing. The Form 4 was filed July 6, 2026 for a July 1 transaction (appears later than the typical two-business-day filing window).

Context

This was an award/vesting event (routine compensation vesting), not an open-market purchase or an intentional sale for investment reasons. The tax-related disposition is common when RSUs vest and does not necessarily signal insider sentiment.

Form 4

Period: 2026-07-01

Chief Revenue Officer

Transactions

Conversion
Class A Common Stock
[F1]
2026-07-01+75,075→ 177,026 total
Tax Payment
Class A Common Stock
[F2]
2026-07-01$10.94/sh−6,923$75,738→ 170,103 total
Exercise/Conversion
Restricted Stock Units
[F3][F4]
2026-07-01−3,200→ 22,405 total
→ Class B Common Stock (3,200 underlying)
Exercise/Conversion
Restricted Stock Units
[F3][F5]
2026-07-01−25,000→ 225,000 total
→ Class B Common Stock (25,000 underlying)
Exercise/Conversion
Restricted Stock Units
[F3][F6]
2026-07-01−3,125→ 34,375 total
→ Class B Common Stock (3,125 underlying)
Exercise/Conversion
Restricted Stock Units
[F3][F7]
2026-07-01−28,125→ 365,625 total
→ Class B Common Stock (28,125 underlying)
Exercise/Conversion
Restricted Stock Units
[F3][F8]
2026-07-01−15,625→ 234,375 total
→ Class B Common Stock (15,625 underlying)
Exercise/Conversion
Class B Common Stock
[F1][F9]
2026-07-01+75,075→ 138,205 total
→ Class A Common Stock (75,075 underlying)
Conversion
Class B Common Stock
[F1][F9]
2026-07-01−75,075→ 63,130 total
→ Class A Common Stock (75,075 underlying)

Footnotes (9)

[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 shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
[F3]Each RSU represents a contingent right to receive one share of Class B Common Stock.
[F4]The remaining RSUs vest in 7 equal quarterly installments beginning on October 1, 2026.
[F5]The remaining RSUs vest in 9 equal quarterly installments beginning on October 1, 2026.
[F6]The remaining RSUs vest in 11 equal quarterly installments beginning on October 1, 2026.
[F7]The remaining RSUs vest in 13 equal quarterly installments beginning on October 1, 2026.
[F8]The remaining RSUs vest in 15 equal quarterly installments beginning on October 1, 2026.
[F9]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.

Signature

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

1 file