Fiscal year 2026 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses NTCT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NTCT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Anil Singhal | $594,825 | $130,732 | $1,346,256 | $0 | $999,915 | $0 | $134,559 | $3,206,287 |
| Co-Founder, President, Chief Executive Officer, and Chairman of the Board | ||||||||
| John Downing | 300,245 | 45,978 | 673,128 | 0 | 535,092 | 0 | 22,741 | 1,577,184 |
| Executive Vice President, Worldwide Sales Operations | ||||||||
| Anthony Piazza | 342,416 | 50,500 | 560,940 | 0 | 386,250 | 0 | 16,652 | 1,356,758 |
| Executive Vice President, Chief Financial Officer, and Treasurer | ||||||||
| Sanjay Munshi | 360,698 | 40,400 | 467,450 | 0 | 309,000 | 0 | 16,051 | 1,193,599 |
| Chief Operating Officer | ||||||||
| Michael Szabados | 423,500 | 0 | 0 | 0 | 0 | 0 | 29,653 | 453,153 |
| Vice Chairman of the Board, Former Senior Advisor, and Former Chief Operating Officer | ||||||||
| Jean Bua | 402,215 | 0 | 0 | 0 | 0 | 0 | 21,168 | 423,383 |
| Former Senior Advisor and Former Executive Vice President, Chief Financial Officer, Chief Accounting Officer, and Treasurer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2026 total | FY2025 total | FY2024 total | Δ FY2025→2026 |
|---|---|---|---|---|
| Anil Singhal | $3,206,287 | — | — | — |
| John Downing | 1,577,184 | — | — | — |
| Anthony Piazza | 1,356,758 | — | — | — |
| Sanjay Munshi | 1,193,599 | — | — | — |
| Michael Szabados | 453,153 | 1,404,816 | 1,678,392 | −951,663 |
| Jean Bua | 423,383 | 1,262,127 | 1,487,415 | −838,744 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| John Downing | PSU | 2025-05-06 | — | 288 | — | 14,400 | $218,448 |
| Anil Singhal | RSU | 2025-05-06 | — | 43,200 | — | — | 909,360 |
| Sanjay Munshi | RSU | 2025-05-06 | — | 15,000 | — | — | 315,750 |
| John Downing | RSU | 2025-05-06 | — | 21,600 | — | — | 454,680 |
| Anthony Piazza | RSU | 2025-05-06 | — | 18,000 | — | — | 378,900 |
| Sanjay Munshi | PSU | 2025-05-06 | — | 200 | — | 10,000 | 151,700 |
| Anthony Piazza | PSU | 2025-05-06 | — | 240 | — | 12,000 | 182,040 |
| Anil Singhal | PSU | 2025-05-06 | — | 576 | — | 28,800 | 436,896 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| John Downing | $454,680 | $218,448 | $0 | 32.5% |
| Anil Singhal | 909,360 | 436,896 | 0 | 32.5% |
| Sanjay Munshi | 315,750 | 151,700 | 0 | 32.5% |
| Anthony Piazza | 378,900 | 182,040 | 0 | 32.5% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Jean Bua | RSU | 10,800 | — | $343,332 |
| John Downing | PSU | 14,400 | — | 457,776 |
| Anthony Piazza | RSU | 4,000 | — | 127,160 |
| Sanjay Munshi | RSU | 15,000 | — | 476,850 |
| John Downing | RSU | 10,800 | — | 343,332 |
| John Downing | RSU | 6,750 | — | 214,583 |
| Anil Singhal | RSU | 43,200 | — | 1,373,328 |
| Michael Szabados | RSU | 18,900 | — | 600,831 |
| John Downing | RSU | 21,600 | — | 686,664 |
| Anil Singhal | PSU | 28,800 | — | 915,552 |
| Anil Singhal | RSU | 21,600 | — | 686,664 |
| Anil Singhal | RSU | 32,400 | — | 1,029,996 |
| John Downing | RSU | 16,200 | — | 514,998 |
| Michael Szabados | PSU | 16,800 | — | 534,072 |
| Sanjay Munshi | RSU | 8,640 | — | 274,666 |
| Jean Bua | RSU | 16,200 | — | 514,998 |
| Jean Bua | PSU | 14,400 | — | 457,776 |
| Anthony Piazza | PSU | 12,000 | — | 381,480 |
| Anil Singhal | PSU | 10,368 | — | 329,599 |
| Anthony Piazza | RSU | 7,200 | — | 228,888 |
| Michael Szabados | RSU | 7,875 | — | 250,346 |
| Jean Bua | PSU | 5,184 | — | 164,799 |
| Jean Bua | RSU | 6,750 | — | 214,583 |
| Michael Szabados | PSU | 6,048 | — | 192,266 |
| John Downing | PSU | 5,184 | — | 164,799 |
| Sanjay Munshi | RSU | 3,000 | — | 95,370 |
| Anthony Piazza | RSU | 18,000 | — | 572,220 |
| Anil Singhal | RSU | 13,500 | — | 429,165 |
| Michael Szabados | RSU | 12,600 | — | 400,554 |
| Sanjay Munshi | PSU | 10,000 | — | 317,900 |
| Sanjay Munshi | RSU | 4,800 | — | 152,592 |
| Anthony Piazza | RSU | 2,500 | — | 79,475 |
Total compensation should reflect a 'pay-for-performance' philosophy in which a substantial portion of each NEO's compensation should be tied to the achievement of Company performance objectives and individual performance. Compensation practices should align the interests of our executives with our stockholders by tying a significant portion of total compensation to our overall financial and operating performance and the creation of long-term stockholder value.
| CEO STI target (% of salary) | 109% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-07-14 | 51,034,391 | 7,875,187 | 54,172 | 86.63% | Passed |
| 2024 | 2024-09-12 | 49,308,408 | 7,140,892 | 17,520 | 87.35% | Passed |
| 2023 | 2023-07-19 | 58,063,497 | 7,349,858 | 58,309 | 88.76% | Passed |
| 2022 | 2022-07-01 | 59,747,095 | 5,747,265 | 27,019 | 91.22% | Passed |
| 2021 | 2021-09-09 | 63,389,724 | 4,457,974 | 132,240 | 93.43% | Passed |
| 2020 | 2020-09-10 | 60,623,883 | 4,026,272 | 146,141 | 93.77% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-07-14 | 86.63%a |
| 2024 | 2024-09-12 | 87.35%b |
| 2023 | 2023-07-19 | 88.76%c |
a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted towards the vote total and will have no effect on the results of this vote.”.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted towards the vote total and will have no effect on the results of this vote.”.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted towards the vote total and will have no effect on the results of this vote.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 16 : 1 |
|---|---|
| CEO total compensation | $2,437,479 |
| Median employee compensation | $150,203 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| John R. EganIndependent · Lead Independent Director · Audit · Finance · Nominating and Corporate Governance | $122,000 | $175,280 | $0 | — | $0 | $297,280 |
| Joseph G. Hadzima JrIndependent · Audit · Nominating and Corporate Governance (Chair) · Finance | 93,000 | 175,280 | 0 | — | 0 | 268,280 |
| Marlene PelageIndependent · Audit (Chair) · Finance | 91,399 | 175,280 | 0 | — | 0 | 266,679 |
| Robert E. DonahueIndependent · Audit (Chair) · Compensation · Finance | 89,601 | 175,280 | 0 | — | 0 | 264,881 |
| Alfred GrassoIndependent · Compensation · Nominating and Corporate Governance · Finance (Chair) | 88,000 | 175,280 | 0 | — | 0 | 263,280 |
| Vivian VitaleIndependent · Compensation (Chair) · Nominating and Corporate Governance | 86,000 | 175,280 | 0 | — | 0 | 261,280 |
| Christopher PerrettaIndependent · Audit · Compensation | 85,000 | 175,280 | 0 | — | 0 | 260,280 |
| Shannon K. NashIndependent · Audit | 75,000 | 175,280 | 0 | — | 0 | 250,280 |
| Michael SzabadosEmployee director · Not standing for re-election | 0 | 0 | 0 | — | 0 | 0 |
| Anil K. SinghalEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $60,000 |
|---|---|
| Annual equity retainer | $175,280 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 20,000 / 12,000 |
| Stock ownership guideline | 5x annual board retainer |
| Component | FY2026 |
|---|---|
| Cash retainers and fees | $730,000 |
| Equity awards (grant-date value) | $1,402,240 |
| All other compensation | $0 |
| Total cost of the board | $2,132,240 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Netscout Systems Inc | 2026 | Anil Singhal | $594,825 | $1,346,256 | $0 | $999,915 | $3,206,287 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Anil Singhal | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Summary Compensation Table for Fiscal Year 2026”. As printed: 3,206,287. Filing ↗machine: r4 · c25 · span 2186913–2186922 |
| 2 | Section 01, John Downing | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Summary Compensation Table for Fiscal Year 2026”. As printed: 1,577,184. Filing ↗machine: r20 · c25 · span 2320739–2320748 |
| 3 | Section 01, Anthony Piazza | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Summary Compensation Table for Fiscal Year 2026”. As printed: 1,356,758. Filing ↗machine: r10 · c25 · span 2239768–2239777 |
| 4 | Section 01, Sanjay Munshi | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Summary Compensation Table for Fiscal Year 2026”. As printed: 1,193,599. Filing ↗machine: r15 · c25 · span 2280300–2280309 |
| 5 | Section 01, Michael Szabados | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Summary Compensation Table for Fiscal Year 2026”. As printed: 453,153. Filing ↗machine: r26 · c25 · span 2373573–2373580 |
| 6 | Section 01, Jean Bua | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Summary Compensation Table for Fiscal Year 2026”. As printed: 423,383. Filing ↗machine: r32 · c25 · span 2426431–2426438 |
| 7 | Section 03, John Downing PSU | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t66 · r28 · c27 · span 2869050–2869057 |
| 8 | Section 03, Anil Singhal RSU | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Grants of Plan-Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: t66 · r5 · c27 · span 2631315–2631322 |
| 9 | Section 03, Sanjay Munshi RSU | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Grants of Plan-Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: t66 · r19 · c27 · span 2776014–2776021 |
| 10 | Section 03, John Downing RSU | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Grants of Plan-Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: t66 · r26 · c27 · span 2848364–2848371 |
| 11 | Section 03, Anthony Piazza RSU | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Grants of Plan-Based Awards in Fiscal Year 2026” · grants of plan-based awards table. Filing ↗machine: t66 · r12 · c27 · span 2703666–2703673 |
| 12 | Section 03, Sanjay Munshi PSU | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t66 · r21 · c27 · span 2796700–2796707 |
| 13 | Section 03, Anthony Piazza PSU | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t66 · r14 · c27 · span 2724352–2724359 |
| 14 | Section 03, Anil Singhal PSU | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t66 · r7 · c27 · span 2652001–2652008 |
| 15 | Section 07, pay ratio | DEF 14A | 2025-07-25 | 000119312525165434 | Section “CEO Pay Ratio”. As printed: 16 : 1. Filing ↗machine: span 361052–361054 |
| 16 | Section 08, John R. Egan | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 297,280. Filing ↗machine: t42 · r7 · c13 · span 1335794–1335801 |
| 17 | Section 08, Joseph G. Hadzima Jr | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 268,280. Filing ↗machine: t42 · r13 · c13 · span 1366725–1366732 |
| 18 | Section 08, Marlene Pelage | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 266,679. Filing ↗machine: t42 · r19 · c13 · span 1397647–1397654 |
| 19 | Section 08, Robert E. Donahue | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 264,881. Filing ↗machine: t42 · r4 · c13 · span 1320333–1320340 |
| 20 | Section 08, Alfred Grasso | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 263,280. Filing ↗machine: t42 · r10 · c13 · span 1351255–1351262 |
| 21 | Section 08, Vivian Vitale | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 261,280. Filing ↗machine: t42 · r25 · c13 · span 1428576–1428583 |
| 22 | Section 08, Christopher Perretta | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 260,280. Filing ↗machine: t42 · r22 · c13 · span 1413115–1413122 |
| 23 | Section 08, Shannon K. Nash | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 250,280. Filing ↗machine: t42 · r16 · c13 · span 1382185–1382192 |
| 24 | Section 08, Michael Szabados | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 25 | Section 08, Anil K. Singhal | DEF 14A | 2026-07-24 | 0001193125-26-316095 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 26 | Section 06, 2025 vote | Form 8-K | 2025-09-12 | 0001193125-25-202302 | Item 5.07 · say-on-pay result. As reported: 86.63% (votes for as printed: 51,034,391). Filing ↗ |
| 27 | Section 06, 2024 vote | Form 8-K | 2024-09-17 | 0001193125-24-220731 | Item 5.07 · say-on-pay result. As reported: 87.35% (votes for as printed: 49,308,408). Filing ↗ |
| 28 | Section 06, 2023 vote | Form 8-K | 2023-09-15 | 0001193125-23-236207 | Item 5.07 · say-on-pay result. As reported: 88.76% (votes for as printed: 58,063,497). Filing ↗ |
| 29 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 30 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 31 | Section 09b board cost (computed) | Computed | — | computed | Cash 730,000 + equity 1,402,240 + all other 0 = 2,132,240, summed across the director compensation table rows.machine: formula: Σ = 2,132,240 |
| 32 | Netscout Systems Inc (subject), Section 10b CEO total | DEF 14A | 2026-07-24 | 0001193125-26-316095 | CEO total compensation as printed in Netscout Systems Inc's own proxy. As printed: 3,206,287. Filing ↗machine: r4 · c25 · span 2186913–2186922 |