4//SEC Filing
Beri Sanjay 4
Accession 0002083367-26-000002
CIK 0002063196other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 6:56 PM ET
Size
33.0 KB
Accession
0002083367-26-000002
Insider Transaction Report
Form 4
Netskope IncNTSK
Beri Sanjay
DirectorCEO and Chairman
Transactions
- Conversion
Class A Common Stock
2025-12-31+108,553→ 108,553 total - Sale
Class A Common Stock
2025-12-31$17.67/sh−108,553$1,918,294→ 0 total - Conversion
Class A Common Stock
2026-01-02+346,061→ 346,061 total - Sale
Class A Common Stock
2026-01-02$16.91/sh−346,061$5,851,511→ 0 total - Conversion
Class A Common Stock
2026-01-05+175,707→ 175,707 total - Sale
Class A Common Stock
2026-01-05$17.33/sh−175,707$3,045,371→ 0 total - Exercise/Conversion
Restricted Stock Units
2025-12-31−451,417→ 7,674,079 total→ Class B Common Stock (451,417 underlying) - Exercise/Conversion
Restricted Stock Units
2025-12-31−564,270→ 5,386,610 total→ Class B Common Stock (564,270 underlying) - Exercise/Conversion
Class B Common Stock
2025-12-31+1,015,687→ 1,421,177 total→ Class A Common Stock (1,015,687 underlying) - Conversion
Class B Common Stock
2025-12-31−108,553→ 1,312,624 total→ Class A Common Stock (108,553 underlying) - Exercise/Conversion
Restricted Stock Units
2026-01-01−451,416→ 7,222,663 total→ Class B Common Stock (451,416 underlying) - Exercise/Conversion
Class B Common Stock
2026-01-01+451,416→ 1,764,040 total→ Class A Common Stock (451,416 underlying) - Conversion
Class B Common Stock
2026-01-02−346,061→ 1,417,979 total→ Class A Common Stock (346,061 underlying) - Conversion
Class B Common Stock
2026-01-05−175,707→ 1,242,272 total→ Class A Common Stock (175,707 underlying)
Holdings
- 22,288,889(indirect: See footnote)
Class B Common Stock
→ Class A Common Stock (22,288,889 underlying)
Footnotes (12)
- [F1]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder.
- [F10]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.
- [F11]The remaining RSUs vest in 16 equal quarterly installments beginning on April 1, 2026.
- [F12]The shares are held of record by the 2012 Sanjay Beri and Ava Malla Revocable Trust for which the reporting person serves as trustee.
- [F2]The reported shares were sold to satisfy the reporting person's tax obligations in connection with the settlement of restricted stock units, or RSUs.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.48 to $17.92, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) through (5) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.60 to $17.44, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.81 to $17.61, inclusive.
- [F6]Each RSU represents a contingent right to receive one share of Class B Common Stock.
- [F7]Settlement of the vested RSUs was deferred until December 31, 2025.
- [F8]The remaining RSUs vest in 17 equal quarterly installments beginning on January 1, 2026.
- [F9]The remaining RSUs vest in 45 equal monthly installments beginning on January 19, 2026.
Documents
Issuer
Netskope Inc
CIK 0002063196
Entity typeother
Related Parties
1- filerCIK 0002083367
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 6:56 PM ET
- Size
- 33.0 KB