Michael Szabados - 04 Feb 2025 Form 4 Insider Report for NETSCOUT SYSTEMS INC (NTCT)

Signature
/s/ Greg Sloan, by Power of Attorney
Issuer symbol
NTCT
Transactions as of
04 Feb 2025
Net transactions value
-$152,549
Form type
4
Filing time
05 Feb 2025, 16:30:23 UTC
Previous filing
31 Oct 2024
Next filing
15 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTCT Common Stock Sale $152,549 -6,500 -15% $23.47 35,989 04 Feb 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The shares of Common Stock were sold pursuant to a 10b5-1 plan adopted by the Reporting Person on June 11, 2024.
F2 The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share; the actual sales price per share ranged from $23.1800 to $23.9100. The reporting person undertakes to provide to NetScout Systems, Inc., any security holder of NetScout Systems, Inc. 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 range set forth in this footnote (2) to this Form 4.