Bousquet Raphael 4/A

What Happened
Raphael Bousquet, Chief Revenue Officer of Netskope (NTSK), converted 59,451 shares of Class B common stock into 59,451 shares of Class A common stock on January 8, 2026. The conversion involved no cash proceeds — it was a one-for-one exchange of share classes (reported as a derivative conversion). The filing on April 3, 2026 is an amendment that corrects previously reported conversion amounts.

Key Details

• Transaction date: January 8, 2026 (reported via amended Form 4 filed April 3, 2026).
• Transaction type: Conversion of derivative security (Class B → Class A), 59,451 shares acquired as Class A / 59,451 shares disposed as Class B; no cash proceeds ($0).
• Shares held after transactions (as of Jan 12, 2026): 49,212 shares of Class A Common Stock and 63,130 shares of Class B Common Stock.
• Footnotes: Class B shares are convertible into Class A on a 1:1 basis at the holder's option; Class B also automatically converts to Class A on or before Sept 19, 2035.
• Filing note: This is an amended Form 4 correcting earlier reporting (a prior Form 4 filed Jan 12, 2026 had incorrect conversion counts and reported additional conversions on Jan 9 and Jan 12 that did not occur).

Context
A conversion between share classes is an administrative action that doesn't involve buying or selling for cash and therefore typically doesn't signal a change in insider sentiment. The amendment corrects the record so investors have accurate outstanding and held-share counts for the insider.