Sanjay Beri - 19 Sep 2025 Form 4 Insider Report for Netskope Inc (NTSK)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Sep 2025, 19:59:06 UTC
Prior SEC filing
17 Sep 2025
Next SEC filing
29 Dec 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ James Bushnell, by power of attorney

Key filing fact

Sanjay Beri filed Form 4 for Netskope Inc (NTSK) on 22 Sep 2025.

Key facts

  • This page summarizes Sanjay Beri's Form 4 filing for Netskope Inc (NTSK).
  • 12 reported transactions and 10 derivative rows are listed below.
  • Accepted by SEC: 22 Sep 2025, 19:59.

Change

  • Previous filing in this sequence was filed on 17 Sep 2025.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002083367 Primary reporting owner

Beri Sanjay

Relationship
CEO and Chairman, Director
Address
C/O NETSKOPE, INC., 2445 AUGUSTINE DRIVE, SUITE 301, SANTA CLARA
Signature
/s/ James Bushnell, by power of attorney
Signature date
22 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NTSK transaction

Common Stock

Other

Transaction value
Shares
-405,490
Change %
-100%
Price
Shares after
0
Date
19 Sep 2025
Ownership
Direct
Footnotes
F1
NTSK transaction

Common Stock

Other

Transaction value
Shares
-22,288,889
Change %
-100%
Price
Shares after
0
Date
19 Sep 2025
Ownership
See footnote
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares
+405,490
Change %
Price
Shares after
405,490
Date
19 Sep 2025
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
405,490
Exercise price
Footnotes
F1, F3, F4
NTSK transaction Derivative

Class B Common Stock

Other

Transaction value
Shares
+22,288,889
Change %
Price
Shares after
22,288,889
Date
19 Sep 2025
Ownership
See footnote
Underlying class
Class A Common Stock
Underlying amount
22,288,889
Exercise price
Footnotes
F1, F2, F3, F4
NTSK transaction Derivative

Restricted Stock Units

Other

Transaction value
Shares
-8,125,496
Change %
-100%
Price
Shares after
0
Date
19 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,125,496
Exercise price
Footnotes
F1, F5, F6
NTSK transaction Derivative

Restricted Stock Units

Other

Transaction value
Shares
+8,125,496
Change %
Price
Shares after
8,125,496
Date
19 Sep 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
8,125,496
Exercise price
Footnotes
F1, F6, F7
NTSK transaction Derivative

Restricted Stock Units

Other

Transaction value
Shares
-9,028,328
Change %
-100%
Price
Shares after
0
Date
19 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,028,328
Exercise price
Footnotes
F1, F8, F9
NTSK transaction Derivative

Restricted Stock Units

Other

Transaction value
Shares
+9,028,328
Change %
Price
Shares after
9,028,328
Date
19 Sep 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
9,028,328
Exercise price
Footnotes
F1, F9, F10
NTSK transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares
-1,088,680
Change %
-100%
Price
Shares after
0
Date
19 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,088,680
Exercise price
$1.49
Footnotes
F1, F11
NTSK transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares
+1,088,680
Change %
Price
Shares after
1,088,680
Date
19 Sep 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
1,088,680
Exercise price
$1.49
Footnotes
F1, F11
NTSK transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares
-1,350,000
Change %
-100%
Price
Shares after
0
Date
19 Sep 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,350,000
Exercise price
$1.49
Footnotes
F1, F12
NTSK transaction Derivative

Employee Stock Option (right to buy)

Other

Transaction value
Shares
+1,350,000
Change %
Price
Shares after
1,350,000
Date
19 Sep 2025
Ownership
Direct
Underlying class
Class B Common Stock
Underlying amount
1,350,000
Exercise price
$1.49
Footnotes
F1, F12
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 12 footnotes

Footnote F1

Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock was reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock (the "IPO").

Footnote F2

The shares are held of record by the 2012 Sanjay Beri and Ava Malla Revocable Trust for which the reporting person serves as trustee.

Footnote F3

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

Footnote F4

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.

Footnote F5

Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Common Stock.

Footnote F6

The RSUs vest in 18 equal quarterly installments beginning on October 1, 2025.

Footnote F7

Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.

Footnote F8

Each performance-based RSU, or PSU, represents a contingent right to receive one share of Issuer Common Stock.

Footnote F9

The PSUs require the satisfaction of three vesting requirements in order for the PSUs to vest. The liquidity event requirement was satisfied upon the closing of the IPO. The service condition is satisfied in 48 equal monthly installments beginning on October 19, 2025. The market condition is satisfied upon the Issuer's achievement of certain market capitalization milestones: 1/3 of the PSUs vest upon the Issuer's achievement of each of a $10 billion market capitalization, $12.5 billion market capitalization, and $15 billion market capitalization. Market capitalization will be measured based on the highest 60-day trading average per share ending during the applicable month, as reasonably determined by the Issuer's board of directors or board committee.

Footnote F10

Each PSU represents a contingent right to receive one share of Issuer Class B Common Stock.

Footnote F11

The shares subject to the option are fully vested and immediately exercisable.

Footnote F12

One-eighth of the shares subject to the option vested on September 17, 2025 and the remaining shares vest in 42 equal monthly installments thereafter.

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