Netskope Inc: chief revenue officer Raphael Bousquet received 75,076 shares

What happened

• Raphael Bousquet, chief revenue officer, exercised and converted derivative awards and received 75,076 shares on Oct 1, 2026. The filing shows 6,063 shares were withheld to satisfy the reporting person's tax liability at $17.44 for $105,739. The filing lists multiple exercises/conversions at $0.00 for 3,201; 25,000; 3,125; 28,125; and 15,625 shares, and a conversion/receipt of 75,076 shares.

Key details

• Transaction date: Oct 1, 2026. Prices: withholding at $17.44 per share; other exercises/conversions reported at $0.00. Total value reported for withheld shares: $105,739.
• Shares acquired: 75,076 shares (from exercises/conversions); shares disposed: 6,063 shares withheld for taxes and a conversion entry for 75,076 shares as reported.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes from the filing: each RSU represents a contingent right to one share of Class B common stock (F3); shares were withheld to satisfy tax liability (F2); each Class B share is convertible into one share of Class A common stock at the option of the holder (F1) and automatically converts on a 1:1 basis on or prior to Sep 19, 2035 (F9). The filing also lists remaining RSU vesting schedules in equal quarterly installments beginning Jan 1, 2027 (F4–F8).
• Transaction types reported: M (option/derivative exercises/conversions), C (conversion of derivative security), F (tax withholding).

Why it may matter

• The filing shows exercises/conversions of derivative awards with shares withheld to satisfy tax obligations, which the filing describes as tax withholding rather than an open-market sale.
• The filing does not show why the insider traded or why the company acted.