Sanjay Beri - 31 Dec 2025 Form 4 Insider Report for Netskope Inc (NTSK)

Signature
/s/ James Bushnell, by power of attorney
Issuer symbol
NTSK
Transactions as of
31 Dec 2025
Net transactions value
-$10,815,176
Form type
4
Filing time
05 Jan 2026, 18:56:01 UTC
Previous filing
29 Dec 2025
Next filing
07 Jan 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Beri Sanjay CEO and Chairman, Director C/O NETSKOPE, INC., 2445 AUGUSTINE DRIVE, SUITE 301, SANTA CLARA /s/ James Bushnell, by power of attorney 05 Jan 2026 0002083367

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTSK Class A Common Stock Conversion of derivative security +108,553 108,553 31 Dec 2025 Direct F1
transaction NTSK Class A Common Stock Sale $1,918,294 -108,553 -100% $17.67 0 31 Dec 2025 Direct F2, F3
transaction NTSK Class A Common Stock Conversion of derivative security +346,061 346,061 02 Jan 2026 Direct F1
transaction NTSK Class A Common Stock Sale $5,851,511 -346,061 -100% $16.91 0 02 Jan 2026 Direct F2, F4
transaction NTSK Class A Common Stock Conversion of derivative security +175,707 175,707 05 Jan 2026 Direct F1
transaction NTSK Class A Common Stock Sale $3,045,371 -175,707 -100% $17.33 0 05 Jan 2026 Direct F2, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTSK Restricted Stock Units Options Exercise $0 -451,417 -5.6% $0.000000 7,674,079 31 Dec 2025 Class B Common Stock 451,417 Direct F6, F7, F8
transaction NTSK Restricted Stock Units Options Exercise $0 -564,270 -9.5% $0.000000 5,386,610 31 Dec 2025 Class B Common Stock 564,270 Direct F6, F7, F9
transaction NTSK Class B Common Stock Options Exercise $0 +1,015,687 +250% $0.000000 1,421,177 31 Dec 2025 Class A Common Stock 1,015,687 Direct F1, F10
transaction NTSK Class B Common Stock Conversion of derivative security $0 -108,553 -7.6% $0.000000 1,312,624 31 Dec 2025 Class A Common Stock 108,553 Direct F1, F10
transaction NTSK Restricted Stock Units Options Exercise $0 -451,416 -5.9% $0.000000 7,222,663 01 Jan 2026 Class B Common Stock 451,416 Direct F6, F11
transaction NTSK Class B Common Stock Options Exercise $0 +451,416 +34% $0.000000 1,764,040 01 Jan 2026 Class A Common Stock 451,416 Direct F1, F10
transaction NTSK Class B Common Stock Conversion of derivative security $0 -346,061 -20% $0.000000 1,417,979 02 Jan 2026 Class A Common Stock 346,061 Direct F1, F10
transaction NTSK Class B Common Stock Conversion of derivative security $0 -175,707 -12% $0.000000 1,242,272 05 Jan 2026 Class A Common Stock 175,707 Direct F1, F10
holding NTSK Class B Common Stock 22,288,889 31 Dec 2025 Class A Common Stock 22,288,889 See footnote F1, F10, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder.
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.
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.