Executive VP at NETSCOUT (NTCT) sells 3,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NETSCOUT SYSTEMS INC executive John Downing sold shares in a planned transaction. On February 20, 2026, he executed an open-market sale of 3,000 shares of NETSCOUT common stock at $30.00 per share. After this sale, he directly owned 129,494 shares of the company’s stock.
The sale was made under a pre-arranged Rule 10b5-1 trading plan that he adopted on February 20, 2025. Such plans are designed to allow insiders to systematically sell shares over time according to preset instructions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares ($90,000)
Net Sell
1 txn
Insider
DOWNING JOHN
Role
EVP, World-Wide Sales
Sold
3,000 shs ($90K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $30.00 | $90K |
Holdings After Transaction:
Common Stock — 129,494 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did NTCT executive John Downing report?
John Downing reported an open-market sale of 3,000 shares of NETSCOUT common stock at $30.00 per share. The transaction occurred on February 20, 2026 and was disclosed on a Form 4 insider trading report.
Was John Downing’s NTCT stock sale under a 10b5-1 trading plan?
Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted by John Downing on February 20, 2025. Such plans pre-schedule trades to help insiders systematically manage holdings.
What role does John Downing hold at NETSCOUT SYSTEMS INC (NTCT)?
John Downing is reported as an officer of NETSCOUT SYSTEMS INC, holding the title of Executive Vice President, World-Wide Sales. His Form 4 filing reflects transactions in company common stock tied to this insider status.
What does the Form 4 for NTCT indicate about transaction direction?
The Form 4 classifies the transaction as a sale, with code “S” and an open-market sale description. The transaction data show a net-sell direction of 3,000 shares based on this single reported trade.