The estimated Net Worth of Michael Szabados is at least $11.1 Million dollars as of 15 June 2024. Mr. Szabados owns over 6,300 units of Netscout Systems Inc stock worth over $1,000,065 and over the last 21 years he sold NTCT stock worth over $8,437,505. In addition, he makes $1,656,200 as Vice Chairman of the Board und Chief Operating Officer at Netscout Systems Inc.
Michael has made over 110 trades of the Netscout Systems Inc stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 6,300 units of NTCT stock worth $121,653 on 15 June 2024.
The largest trade he's ever made was exercising 26,250 units of Netscout Systems Inc stock on 1 August 2021 worth over $506,888. On average, Michael trades about 3,705 units every 44 days since 2003. As of 15 June 2024 he still owns at least 51,790 units of Netscout Systems Inc stock.
You can see the complete history of Mr. Szabados stock trades at the bottom of the page.
Michael Szabados serves as Vice Chairman of the Board, Chief Operating Officer of the Company. He has served as NetScout’s Chief Operating Officer since April 2007 and as Vice Chairman of NetScout’s Board since he was appointed as a director in February 2019. As Chief Operating Officer, Mr. Szabados is focused on executing NetScout’s vision and strategy. During his tenure, he has been critical in helping lead NetScout’s key functional areas as NetScout nearly tripled in size. During his tenure, NetScout successfully completed and integrated six acquisitions before the 2015 $2.3 billion acquisition of the Danaher Communications Business. His career at NetScout began in 1997 when he joined the Company as Vice President, Marketing, charged with increasing the Company’s overall visibility and market awareness. His responsibilities expanded in 2001 to encompass product development, manufacturing and customer support when he was promoted to Senior Vice President, Product Operations. A veteran of the enterprise networking industry, Mr. Szabados held senior leadership roles with companies including UB Networks, SynOptics/Bay Networks and MIPS Corporation following engineering and product management roles at Intel Corporation and later at Apple. Mr. Szabados holds a BSEE from UC Irvine and an MBA from UC Santa Clara. The Nominating and Corporate Governance Committee believes that Mr. Szabados’ experience serving as the Company’s Chief Operating Officer and in other functional roles, along with his business experience and industry and technical experience, qualify him to serve as a director of the Company.
As the Vice Chairman of the Board und Chief Operating Officer of Netscout Systems Inc, the total compensation of Michael Szabados at Netscout Systems Inc is $1,656,200. There are 1 executives at Netscout Systems Inc getting paid more, with Anil Singhal having the highest compensation of $2,816,310.
Michael Szabados is 68, he's been the Vice Chairman of the Board und Chief Operating Officer of Netscout Systems Inc since 2019. There are 2 older and 13 younger executives at Netscout Systems Inc. The oldest executive at Netscout Systems Inc is Robert Donahue, 72, who is the Independent Director.
Michael's mailing address filed with the SEC is C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD, MA, 01886.
Over the last 21 years, insiders at Netscout Systems Inc have traded over $64,801,399 worth of Netscout Systems Inc stock and bought 16,175 units worth $265,917 . The most active insiders traders include Associates Inc Ta, Advent Viii Lp Ta und Associates Viii Llc Ta. On average, Netscout Systems Inc executives and independent directors trade stock every 19 days with the average trade being worth of $365,963. The most recent stock trade was executed by Christopher Perretta on 23 August 2024, trading 11,905 units of NTCT stock currently worth $250,005.
a leading provider of business assurance – a powerful combination of service assurance, cybersecurity, and business intelligence solutions – for today’s most demanding service provider, enterprise and government networks. netscout’s adaptive service intelligence (asi) technology continuously monitors the service delivery environment to identify performance issues and provides insight into network-based security threats, helping teams to quickly resolve issues that can cause business disruptions or impact user experience. netscout delivers unmatched service visibility and protects the digital infrastructure that supports our connected world.
Netscout Systems Inc executives and other stock owners filed with the SEC include: