William J.G. Griffith, a Director at Netskope, reported an indirect purchase of approximately 610,000 shares of Class A Common Stock for about $7.2 million on July 8, 2026. The shares were acquired at a weighted-average price of $11.82, a slight discount to the $11.92 market close that day. Following the transaction, Griffith's total indirect holdings through various ICONIQ entities rose to roughly 66.9 million shares, representing a 0.92% increase in that position. Netskope, a cloud security provider with a market capitalization of $5.0 billion, went public in September 2025 at $19 per share and recently reported first-quarter fiscal 2027 revenue of $202 million, up 28% year-over-year.
Netskope, Inc. Class A Common StockInsider purchase by a director signals confidence in the company's value.