---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-236207"
form_type: "8-K"
ticker: "NTCT"
cik: "0001078075"
company_name: "NETSCOUT SYSTEMS INC"
filed_at: "2023-09-15T23:59:59+00:00"
generated_at: "2026-06-10T15:55:52.164420+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve 5.9M share increase under amended equity plan; board reduced to 10

## Summary
- Stockholders approved Amended 2019 Equity Incentive Plan, increasing authorized shares by 5,900,000.
- Board size decreased from 11 to 10 directors, effective after annual meeting.
- Class III directors elected: Joseph G. Hadzima Jr., Christopher Perretta, Michael Szabados (term to 2026).
- Advisory vote approved annual say-on-pay frequency; next frequency vote expected at 2029 meeting.
- Appointment of PricewaterhouseCoopers as independent auditor ratified for fiscal year ending March 31, 2024.

## SEC filing metadata
- accession: 0001193125-23-236207
- form_type: 8-K
- ticker: NTCT
- cik: 0001078075
- company_name: NETSCOUT SYSTEMS INC
- filed_at: 2023-09-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078075/000119312523236207/0001193125-23-236207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078075/000119312523236207/d519798d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-236207
- JSON: https://secwatch.observer/filing/0001193125-23-236207.json
- Plain text: https://secwatch.observer/filing/0001193125-23-236207.txt

## Key facts
- Shareholder Votes
  NETSCOUT SYSTEMS INC shareholders approved Approval of the Amended 2019 Plan.
  - Proposal: equity plan
  - Outcome: passed
  source text: The Company’s stockholders approved the Amended 2019 Plan.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000119312523236207/0001193125-23-236207-index.htm
- Shareholder Votes
  NETSCOUT SYSTEMS INC shareholders approved Election of Joseph G. Hadzima, Jr., Christopher Perretta, and Michael Szabados as Class III directors.
  - Proposal: director election
  - Outcome: passed
  source text: The Company’s stockholders elected each of Joseph G. Hadzima, Jr., Christopher Perretta, and Michael Szabados as Class III directors of the Company with each director to serve a three-year term until the Company’s 2026 annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000119312523236207/0001193125-23-236207-index.htm
- Shareholder Votes
  NETSCOUT SYSTEMS INC shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2024-03-31 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-03-31
  source text: The Company’s stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000119312523236207/0001193125-23-236207-index.htm
- Shareholder Votes
  NETSCOUT SYSTEMS INC shareholders approved Advisory vote on frequency of future stockholder advisory votes on executive compensation.
  - Proposal: say on pay frequency
  - Outcome: passed
  source text: The Company’s stockholders approved, on an advisory basis, holding future stockholder advisory votes on the compensation of the Company’s named executive officers every “one year.”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000119312523236207/0001193125-23-236207-index.htm
- Shareholder Votes
  NETSCOUT SYSTEMS INC shareholders approved Advisory vote to approve executive compensation.
  - Proposal: say on pay
  - Outcome: passed
  source text: The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078075/000119312523236207/0001193125-23-236207-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.