Director files to sell 5,040 NetApp shares in Form 144 (NYSE: NET)

Rhea-AI Filing Summary

NetApp director John Graham-Cumming filed a Form 144 reporting proposed sales of 5,040 shares of Common Stock. The filing lists the shares as acquired as compensation on 02/14/2022 via stock options with a cashless exercise / same-day sale method. The excerpt also reports two prior sales in the past three months: 2,520 shares sold on 06/15/2026 for $594,594.76 and 2,520 shares sold on 05/04/2026 for $558,381.85.

Insights

Corporate Governance Analyst

Director files to sell 5,040 shares; prior sales shown in May and June 2026.

The filing states the shares were "acquired as compensation -- Stock Options" on 02/14/2022 and lists the planned sale quantity as 5,040 shares. Two prior dispositions of 2,520 shares each on 05/04/2026 and 06/15/2026 are included with gross proceeds stated.

Cash treatment and exact distribution timing for the newly reported 5,040 shares are not detailed beyond the listed method "cashless exercise / same-day sale"; subsequent filings may report actual transaction dates and settlement details.

Key Figures

Proposed sale: 5,040 shares Past sale 1: 2,520 shares Past sale 2: 2,520 shares +1 more

4 metrics

Proposed sale 5,040 shares Securities to be sold (Form 144)

Past sale 1 2,520 shares Sold on 05/04/2026 for $558,381.85

Past sale 2 2,520 shares Sold on 06/15/2026 for $594,594.76

Acquisition date 02/14/2022 Acquired as compensation — Stock Options

Key Terms

Form 144, cashless exercise / same-day sale, Acquired as compensation -- Stock Options

3 terms

Form 144 regulatory

"Securities To Be Sold — Common Stock 5040 07/06/2026 NYSE"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

cashless exercise / same-day sale financial

"Acquired as compensation -- Stock Options ... cashless exercise / same-day sale"

Acquired as compensation -- Stock Options financial

"Common Stock | 02/14/2022 | Acquired as compensation -- Stock Options"

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Available on EDGAR 07/06/2026 - 06:20 PM Accepted by SEC EDGAR 07/06/2026 - 06:20 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	5040	1247652	321184834	07/06/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/14/2022	Acquired as compensation -- Stock Options	The Issuer			5040	02/14/2022	Compensation -- Cashless exercise / same-day sale

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
John Graham-Cumming 101 Townsend Street San Francisco CA 94107	Common Stock	06/15/2026	2520	594594.76
John Graham-Cumming 101 Townsend Street San Francisco CA 94107	Common Stock	05/04/2026	2520	558381.85

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did NET director John Graham-Cumming report in the Form 144?

He reported a proposed sale of 5,040 shares of Common Stock acquired as compensation on 02/14/2022. The filing notes a cashless exercise / same-day sale method for the reported shares.

How many shares did John Graham-Cumming sell in the past three months?

The filing shows two past sales of 2,520 shares each on 05/04/2026 and 06/15/2026. Reported gross proceeds were $558,381.85 and $594,594.76, respectively.

Were the shares being sold acquired through compensation or open-market purchases?

The shares are described as "Acquired as compensation -- Stock Options" on 02/14/2022, indicating they originated from an option exercise tied to compensation rather than an open-market purchase.

Does the Form 144 specify who will receive the sale proceeds?

The excerpt does not allocate proceeds explicitly; proceeds from the two past sales are listed as gross amounts. The filing content does not state which party will receive proceeds for the proposed 5,040-share sale.

What sale method does the filing identify for the reported securities?

The filing lists the method as "cashless exercise / same-day sale" for the securities acquired on 02/14/2022, indicating the exercise and immediate disposition mechanics referenced in the excerpt.