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NTSKNetskope Inc · Insider ownership research

Netskope Inc insiders sold $18.0M in the past 12 months. How much of their stake is that?

About 3.5% overall. As a group they ended with more shares than they started with.

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 76 of the 156 other companies we can measure (#81 of 157)See ranking
0
buyers among officers and directors, past 12 months
0%
of sales were under disclosed trading plans, past 12 months
3 of 8
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026
Oct 1, 20263 executives had 576K shares ($10.0M) withheld by the company for taxes (not a market sale). That is between 1.6% and 2.3% of each person's total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Sanjay Beri
CEO and Chairman, Director
561,475$17.442.2%24.68MOct 1, 2026Oct 2, 2026
Andrew Del Matto
Chief Financial Officer
8,638$17.442.3%366KOct 1, 2026Oct 2, 2026
Raphael Bousquet
Chief Revenue Officer
6,063$17.441.6%301KOct 1, 2026Oct 2, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? Not enough history to compare: fewer than three earlier years of filings. Year by year
Latest filing: Filed Oct 2 for a tax withholding on Oct 1. Sanjay Beri had 561K shares withheld by the company for taxes. Filing
42 SEC ownership filings in the period · See the evidence

What stands out

Two officers sold shares but ended with larger stakes, because more shares came in than were sold: Sanjay Beri (sold 840K, 3.7% of starting holdings; 4.51M added) and Raphael Bousquet (sold 10K, 16% of starting holdings; 270K added).Sanjay Beri: largest sale, Jan 2, 2026 · Raphael Bousquet: largest sale, Jan 12, 2026
Tax withholding outweighed market sales: the company withheld $21.9M of officers' and directors' shares for taxes, against $18.0M sold on the open market. The largest was Sanjay Beri ($20.7M withheld).Largest withholding, Oct 1, 2026

Percentages cover 4 of 8 officers and directors. 4 are left out

i
Left out: Andrew Del Matto (most of their shares vested during the period, so a percentage would mislead); William Griffith, Arif Janmohamed and Eric Wolford (held no vested shares at the start).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
Sanjay Beri
CEO and Chairman, Director
3.7% · $14.4MNo plan disclosed
Andrew Del Matto
Chief Financial Officer
No bar: most of their shares vested during the period, so a percentage would mislead.
$3.4MNo plan disclosed
Raphael Bousquet
Chief Revenue Officer
16% · $171KNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
OctNovDec 2025: $2.5M to cover taxesDecJan 2026: $15.5M to cover taxes$15.5MJanFebMarAprMayJunJulAugSepOct

Outside holders, reported separately

Lightspeed Venture Partners IX, L.P. sold $18.1M, Lightspeed Venture Partners Select, L.P. sold $18.1M and Arif Janmohamed (for the outside shareholder represented on the board) sold $15.1M in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Netskope Inc CEO selling stock?

Yes. Sanjay Beri sold 840K shares ($14.4M, 3.7% of starting holdings) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are Netskope Inc insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% were to cover taxes. A trading plan schedules sales in advance.

Are any Netskope Inc insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Netskope Inc insiders sell?

About 3.5% overall. As a group they ended with more shares than they started with. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold3 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Sanjay Beri
CEO and Chairman, Director
$14.4M
840K shares
3.7%No plan disclosed
Andrew Del Matto
Chief Financial Officer
$3.4M
199K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
No plan disclosed
Raphael Bousquet
Chief Revenue Officer
$171K
10K shares
16%No plan disclosed

Board members representing outside shareholders, reported separately: William Griffith, Arif Janmohamed (the shareholder sold $15.1M). Details

Outside holder, reported separately: ICONIQ Strategic Partners VI, L.P. (a 10% owner, not part of management). No open-market sales reported in the period. Latest filing

Outside holder, reported separately: Lightspeed Venture Partners IX, L.P. (a 10% owner, not part of management). Sold $18.1M (1.89M shares) from Jun 12, 2026 to Sep 11, 2026. Holds 56.55M shares. Latest filing

Outside holder, reported separately: Lightspeed Venture Partners Select, L.P. (a 10% owner, not part of management). Sold $18.1M (1.89M shares) from Jun 12, 2026 to Sep 11, 2026. Holds 56.55M shares. Latest filing

The full ownership picture8 of 8 insiders fully reconciled · 6 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Sanjay Beri
CEO and Chairman, Director
22.69M−840K24.68M+8.8%
Vesting, gifts, unvested awards and holding lines for Sanjay Beri
0shares vested or exercised
0gifted (net of own trusts)
−1.68Mwithheld by the company for taxes
17.15M → 12.64Munvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock00
DirectClass B Common Stock405,4902,394,833
2012 Sanjay Beri and Ava Malla Revocable TrustClass B Common Stock22,288,88922,288,889

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,088,680$1.49Aug 22, 2028$14.6M
1,350,000$1.49Aug 22, 2028$18.1M

Estimate: options held × ($14.90 − strike price), using the most recent insider trade price on Form 4 (Sep 11, 2026), not a market close.

Enrique Salem
Director
1.42M01.42Mno sales
Vesting, gifts, unvested awards and holding lines for Enrique Salem
0shares vested or exercised
0gifted (net of own trusts)
0 → 17Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock01,220,562
Enrique Salem 2017 Grantor Retained Annuity TrustClass A Common Stock0200,000
DirectClass B Common Stock1,220,5620
Enrique Salem 2017 Grantor Retained Annuity TrustClass B Common Stock200,0000
Kimberly Alexy
Director
422K0422Kno sales
Vesting, gifts, unvested awards and holding lines for Kimberly Alexy
0shares vested or exercised
0gifted (net of own trusts)
0 → 17Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
Alexy and Julian Family TrustClass B Common Stock421,600421,600
Andrew Del Matto
i
Minor difference of 1,361 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Chief Financial Officer
82K−199K368Knot meaningful
Vesting, gifts, unvested awards and holding lines for Andrew Del Matto
0shares vested or exercised
0gifted (net of own trusts)
−100Kwithheld by the company for taxes
1.07M → 1.19Munvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock042,854
DirectClass B Common Stock82,298324,875

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
3,225,342$2.41Jun 19, 2029$40.3M

Estimate: options held × ($14.90 − strike price), using the most recent insider trade price on Form 4 (Sep 11, 2026), not a market close.

Reconciliation: minor difference of 1,361 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Raphael Bousquet
i
Minor difference of 1,361 shares. Difference is under 0.5% of holdings.
Chief Revenue Officer
63K−10K302K+379%
Vesting, gifts, unvested awards and holding lines for Raphael Bousquet
0shares vested or exercised
0gifted (net of own trusts)
−21Kwithheld by the company for taxes
826K → 807Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock0239,116
DirectClass B Common Stock63,13063,130

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
345,000$8.45Aug 25, 2031$2.2M
110,000$10.43Sep 1, 2033$492K
455,000$11.25Mar 7, 2034$1.7M

Estimate: options held × ($14.90 − strike price), using the most recent insider trade price on Form 4 (Sep 11, 2026), not a market close.

Reconciliation: minor difference of 1,361 shares. Difference is under 0.5% of holdings.

William Griffith
i
Minor difference of 1,167,726 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Shares held through ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS), ICONIQ Strategic Partners II, L.P, ICONIQ Strategic Partners II-B, L.P and others belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.
Director
001.17Mno sales
Vesting, gifts, unvested awards and holding lines for William Griffith
0shares vested or exercised
0gifted (net of own trusts)
0 → 17Kunvested awards, start → end
  • Shares held through ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS), ICONIQ Strategic Partners II, L.P, ICONIQ Strategic Partners II-B, L.P and others belong to an outside shareholder this director represents; they are listed under "Board members representing outside shareholders", not here.
Held throughShare classOct 8, 2025Oct 8, 2026
DirectClass A Common Stock01,167,726

Reconciliation: minor difference of 1,167,726 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

8 of 8 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (5 exactly, 3 with a minor or footnoted difference). Percentages cover 4 of 8 officers and directors. Left out: Andrew Del Matto (most of their shares vested during the period, so a percentage would mislead); William Griffith, Arif Janmohamed and Eric Wolford (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$18.0M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $18.0M across 1,049,721 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Taxes

$18.0M of sales (100.0%) cite tax obligations in their footnotes. Separately, 1,805,887 shares ($21.9M) were withheld by the company for taxes, which isn't a market sale. Example: Raphael Bousquet, Jan 12, 2026

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Sanjay Beri
CEO and Chairman, Director
840K$14.4M0%80%Dec 31, 2025 to Jan 7, 2026
Andrew Del Matto
Chief Financial Officer
199K$3.4M0%19%Dec 31, 2025 to Jan 6, 2026
Raphael Bousquet
Chief Revenue Officer
10K$171K0%0.9%Jan 8, 2026 to Jan 12, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$2.5M$0$2.5M$0
Jan 2026$15.5M$0$15.5M$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$0$0$0$0
Jun 2026$0$0$0$0
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Board members representing outside shareholders (2)Listed and sourced; not part of the management totals or the answer line

Directors whose reported holdings sit mostly in an investment fund or a corporate shareholder they represent, not in their own name, with beneficial ownership disclaimed except for their own financial interest. Listed and sourced here; not part of the management totals or the answer line. Shares a fund hands to its own investors are distributions, not sales.

Board memberHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
William Griffith
i
In-kind distributions to the fund's own investors are labeled as distributions, not sales.
Director
66.27M056.18Mno sales
Vesting, gifts, unvested awards and holding lines for William Griffith
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • In-kind distributions to the fund's own investors are labeled as distributions, not sales.
Held throughShare classOct 8, 2025Oct 8, 2026
ICONIQ Strategic Partners II, L.PClass A Common Stock11,238,1756,999,211
ICONIQ Strategic Partners II-B, L.PClass A Common Stock8,797,2275,478,971
ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS)Class A Common Stock1,988,4732,339,380
ICONIQ Strategic Partners VI-B, L.PClass A Common Stock877,90612,854,199
ICONIQ Strategic Partners VI, L.PClass A Common Stock595,7788,723,318
ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS)Class A Common Stock018,872,434
ICONIQ Strategic Partners VIII Holdings, L.PClass A Common Stock0916,690
ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS)Class B Common Stock18,872,4340
ICONIQ Strategic Partners VI-B, L.PClass B Common Stock11,976,2930
ICONIQ Strategic Partners VI, L.PClass B Common Stock8,127,5400
ICONIQ Strategic Partners II, L.PClass B Common Stock1,931,1100
ICONIQ Strategic Partners II-B, L.PClass B Common Stock1,511,6700
ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS)Class B Common Stock350,9070
Arif Janmohamed
Director
4.34M−1.65M2.69M62%
Vesting, gifts, unvested awards and holding lines for Arif Janmohamed
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
Lightspeed Opportunity Fund, L.PClass A Common Stock00
Lightspeed Opportunity Fund, L.PClass B Common Stock4,340,6402,690,640

William Griffith: 11.00M shares were distributed in kind to the fund's own investors. These are distributions, not sales.

Is this normal? Selling year by yearNot enough history to compare

Not enough history to compare: fewer than three earlier years of filings.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
1.05M3$18.0M
Oct 8, 2025
1 year earlier · filings don't cover the whole year
n/an/an/a
Oct 8, 2024
2 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2023
3 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2022
4 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2021
5 years earlier · filings don't cover the whole year
n/an/an/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Andrew Del Matto: minor difference of 1,361 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Raphael Bousquet: minor difference of 1,361 shares. Difference is under 0.5% of holdings.

William Griffith: minor difference of 1,167,726 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "Lightspeed Opportunity Fund, L.P., or Lightspeed Opportunity Fund" is treated as the same holder as "Lightspeed Opportunity Fund, L.P", because the old name was never reported again and the new one opened with the same balance (4,340,640 shares). Old name, new name

Inferred rename: "Lightspeed Opportunity Fund, L.P., or Lightspeed Opportunity Fund" is treated as the same holder as "Lightspeed Opportunity Fund, L.P", because the old name was never reported again and the new one opened with the same balance (4,340,640 shares). Old name, new name

Inferred rename: "Lightspeed Venture Partners IX, L.P., or Lightspeed IX" is treated as the same holder as "Lightspeed Venture Partners IX, L.P", because the old name was never reported again and the new one opened with the same balance (20,231,286 shares). Old name, new name

Inferred rename: "Lightspeed Venture Partners XII, L.P., or Lightspeed XII" is treated as the same holder as "Lightspeed Venture Partners XII, L.P", because the old name was never reported again and the new one opened with the same balance (219,075 shares). Old name, new name

Inferred rename: "Lightspeed SPV II, LLC, or Lightspeed SPV II" is treated as the same holder as "Lightspeed SPV II, LLC", because the old name was never reported again and the new one opened with the same balance (15,608,645 shares). Old name, new name

Inferred rename: "Lightspeed SPV II-B, LLC, or Lightspeed SPV II-B. LS SPV Mgmt" is treated as the same holder as "Lightspeed SPV II-B, LLC", because the old name was never reported again and the new one opened with the same balance (7,765,561 shares). Old name, new name

Inferred rename: "Lightspeed Venture Partners Select, L.P., or Lightspeed Select" is treated as the same holder as "Lightspeed Venture Partners Select, L.P", because the old name was never reported again and the new one opened with the same balance (8,818,610 shares). Old name, new name

Inferred rename: "Lightspeed Venture Partners Select II, L.P., or Lightspeed Select II" is treated as the same holder as "Lightspeed Venture Partners Select II, L.P", because the old name was never reported again and the new one opened with the same balance (7,508,890 shares). Old name, new name

Inferred rename: "LSS Fund II, LLC, or LSS Fund II" is treated as the same holder as "LSS Fund II, LLC", because the old name was never reported again and the new one opened with the same balance (500 shares). Old name, new name

Inferred rename: "Lightspeed Opportunity Fund, L.P., or Lightspeed Opportunity Fund" is treated as the same holder as "Lightspeed Opportunity Fund, L.P", because the old name was never reported again and the new one opened with the same balance (4,340,640 shares). Old name, new name

Inferred rename: "Lightspeed Venture Partners IX, L.P., or Lightspeed IX" is treated as the same holder as "Lightspeed Venture Partners IX, L.P", because the old name was never reported again and the new one opened with the same balance (20,231,286 shares). Old name, new name

Inferred rename: "Lightspeed Venture Partners XII, L.P., or Lightspeed XII" is treated as the same holder as "Lightspeed Venture Partners XII, L.P", because the old name was never reported again and the new one opened with the same balance (219,075 shares). Old name, new name

Inferred rename: "Lightspeed SPV II, LLC, or Lightspeed SPV II" is treated as the same holder as "Lightspeed SPV II, LLC", because the old name was never reported again and the new one opened with the same balance (15,608,645 shares). Old name, new name

Inferred rename: "Lightspeed SPV II-B, LLC, or Lightspeed SPV II-B. LS SPV Mgmt" is treated as the same holder as "Lightspeed SPV II-B, LLC", because the old name was never reported again and the new one opened with the same balance (7,765,561 shares). Old name, new name

Inferred rename: "Lightspeed Venture Partners Select, L.P., or Lightspeed Select" is treated as the same holder as "Lightspeed Venture Partners Select, L.P", because the old name was never reported again and the new one opened with the same balance (8,818,610 shares). Old name, new name

Inferred rename: "Lightspeed Venture Partners Select II, L.P., or Lightspeed Select II" is treated as the same holder as "Lightspeed Venture Partners Select II, L.P", because the old name was never reported again and the new one opened with the same balance (7,508,890 shares). Old name, new name

Inferred rename: "LSS Fund II, LLC, or LSS Fund II" is treated as the same holder as "LSS Fund II, LLC", because the old name was never reported again and the new one opened with the same balance (500 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology78 filings from SEC EDGAR, and how we read them

All 78 Forms 3, 4 and 5 filed for Netskope Inc (SEC CIK 2063196) from Sep 17, 2025 to Oct 2, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology