Griffith William J.G. 4
4 · Netskope Inc · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Netskope (NTSK) Director Griffith Converts 42.77M Class B to Class A
What Happened
William J.G. Griffith (listed as a director) reported the conversion of a total of 42,769,954 shares of Netskope Class B common stock into an equal number of Class A common shares. The filings show these as derivative conversions (code C) on 2026-03-13. The conversions were recorded with $0.00 consideration (no cash paid or received) — a 1:1 conversion of Class B to Class A.
Key Details
- Transaction date: 2026-03-13 (period of report). Form shows multiple conversion entries that aggregate to 42,769,954 shares.
- Breakout by converting vehicle (from footnotes): 8,127,540; 11,976,293; 18,872,434; 1,931,110; 1,511,670; 350,907 (all converted 1:1 to Class A).
- Price/consideration: $0.00 per share listed for the disposals (typical for a conversion of share class).
- Shares owned after transaction: not stated in the excerpt provided.
- Related parties: conversions were made by ICONIQ-related entities (see footnotes). The filing states the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
- Not a sale or open-market trade — this is a change in share class, not an indication of buying or selling for cash.
- No indication in the provided data that the filing was late.
Context
- Converting Class B to Class A at 1:1 is usually a technical/structural move (e.g., to enable trading or comply with capitalization rules) and does not itself represent a market buy or sell.
- Footnotes note that Class B shares are convertible at the holder’s option and may automatically convert on a set schedule (automatic conversion provisions are referenced).
- Because these were conversions by ICONIQ funds (institutional holders) and the reporting person disclaims beneficial ownership beyond pecuniary interest, this filing primarily documents a transfer between share classes rather than a director-level personal trade.
Insider Transaction Report
Form 4
Netskope IncNTSK
Griffith William J.G.
Director
Transactions
- Conversion
Class A Common Stock
[F1][F2][F3][F4]2026-03-13+8,127,540→ 8,723,318 total(indirect: ICONIQ Strategic Partners VI, L.P.) - Conversion
Class A Common Stock
[F5][F2][F3][F4]2026-03-13+11,976,293→ 12,854,199 total(indirect: ICONIQ Strategic Partners VI-B, L.P.) - Conversion
Class A Common Stock
[F6][F2][F3][F4]2026-03-13+18,872,434→ 18,872,434 total(indirect: ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS)) - Conversion
Class A Common Stock
[F7][F2][F3][F4]2026-03-13+1,931,110→ 13,169,285 total(indirect: ICONIQ Strategic Partners II, L.P.) - Conversion
Class A Common Stock
[F8][F2][F3][F4]2026-03-13+1,511,670→ 10,308,897 total(indirect: ICONIQ Strategic Partners II-B, L.P.) - Conversion
Class A Common Stock
[F9][F2][F3][F4]2026-03-13+350,907→ 2,339,380 total(indirect: ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS)) - Conversion
Class B Common Stock
[F2][F1][F10][F3][F4]2026-03-13−8,127,540→ 0 total(indirect: ICONIQ Strategic Partners VI, L.P.)→ Class A Common Stock (8,127,540 underlying) - Conversion
Class B Common Stock
[F2][F5][F10][F3][F4]2026-03-13−11,976,293→ 0 total(indirect: ICONIQ Strategic Partners VI-B, L.P.)→ Class A Common Stock (11,976,293 underlying) - Conversion
Class B Common Stock
[F2][F6][F10][F3][F4]2026-03-13−18,872,434→ 0 total(indirect: ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS))→ Class A Common Stock (18,872,434 underlying) - Conversion
Class B Common Stock
[F2][F7][F10][F3][F4]2026-03-13−1,931,110→ 0 total(indirect: ICONIQ Strategic Partners II, L.P.)→ Class A Common Stock (1,931,110 underlying) - Conversion
Class B Common Stock
[F2][F8][F10][F3][F4]2026-03-13−1,511,670→ 0 total(indirect: ICONIQ Strategic Partners II-B, L.P.)→ Class A Common Stock (1,511,670 underlying) - Conversion
Class B Common Stock
[F2][F9][F10][F3][F4]2026-03-13−350,907→ 0 total(indirect: ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS))→ Class A Common Stock (350,907 underlying)
Footnotes (10)
- [F1]On March 13, 2025, ICONIQ Strategic Partners VI, L.P. converted in the aggregate 8,127,540 shares of the Issuer's Class B Common Stock into an equal number of shares of the Issuer's Class A Common Stock.
- [F10]The shares of Class B Common Stock automatically convert to shares of Class A common stock on a 1:1 basis on or prior to September 19, 2035 as set forth in the Issuer's amended and restated certificate of incorporation.
- [F2]Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder.
- [F3]ICONIQ Strategic Partners II GP, L.P. ("ICONIQ GP II") is the sole general partner of ICONIQ Strategic Partners II, L.P., ICONIQ Strategic Partners II-B, L.P., and ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS). ICONIQ Strategic Partners II TT GP, Ltd. ("ICONIQ Parent GP II") is the sole general partner of ICONIQ GP II. ICONIQ Strategic Partners VI GP, L.P. ("ICONIQ GP VI") is the sole general partner of ICONIQ Strategic Partners VI, L.P., ICONIQ Strategic Partners VI-B, L.P. and ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS). ICONIQ Strategic Partners VI TT GP, Ltd. ("ICONIQ Parent GP VI") is the sole general partner of ICONIQ GP VI.
- [F4](continued) Divesh Makan and the Reporting Person are the sole equity holders of ICONIQ Parent GP II and Divesh Makan, the Reporting Person and Matthew Jacobson are the sole equity holders of ICONIQ Parent GP VI. The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- [F5]On March 13, 2025, ICONIQ Strategic Partners VI-B, L.P. converted in the aggregate 11,976,293 shares of the Issuer's Class B Common Stock into an equal number of shares of the Issuer's Class A Common Stock.
- [F6]On March 13, 2025, ICONIQ Strategic Partners VI Co-Invest, L.P. (Series NS) converted in the aggregate 18,872,434 shares of the Issuer's Class B Common Stock into an equal number of shares of the Issuer's Class A Common Stock.
- [F7]On March 13, 2025, ICONIQ Strategic Partners II, L.P. converted in the aggregate 1,931,110 shares of the Issuer's Class B Common Stock into an equal number of shares of the Issuer's Class A Common Stock.
- [F8]On March 13, 2025, ICONIQ Strategic Partners II-B, L.P. converted in the aggregate 1,511,670 shares of the Issuer's Class B Common Stock into an equal number of shares of the Issuer's Class A Common Stock.
- [F9]On March 13, 2025, ICONIQ Strategic Partners II Co-Invest, L.P. (Series NS) converted in the aggregate 350,907 shares of the Issuer's Class B Common Stock into an equal number of shares of the Issuer's Class A Common Stock.
Signature
/s/ William J.G. Griffith|2026-03-17