Netskope Inc: CFO Andrew H Del Matto exercised 15,625 shares

What happened The filing shows that Andrew H Del Matto, CFO, exercised or converted derivative securities on Oct 1, 2026, resulting in the acquisition of 15,625 shares at $0.00 and the disposition of 15,625 shares at $0.00. The filing also shows that 8,638 shares were withheld to satisfy tax liabilities at $17.44 per share for a total of $150,647.

Key details

• Transaction date(s) and price(s): Oct 1, 2026 — 15,625 shares acquired at $0.00 (derivative, code M) and 15,625 shares disposed at $0.00 (derivative, code M); 8,638 shares disposed at $17.44 for $150,647 (tax withholding, code F).
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes from the filing: F1 (Class B shares convertible 1:1 to Class A at holder option), F2 (remaining RSUs vest in 10 equal quarterly installments beginning Jan 1, 2027), F3 (Class B shares automatically convert 1:1 to Class A on or prior to Sep 19, 2035), F4 (shares were withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs).
• Filing date: Oct 2, 2026 (reporting period Oct 1, 2026). The filing does not indicate it was late.

Why it may matter

• The filing shows an option/derivative exercise with an immediate disposition of shares, consistent with a cashless exercise structure and tax withholding.
• The filing does not show why the insider traded or why the company acted.