NetApp's George Kurian plans $2.6M stock sale
George Kurian has filed a Rule 144 notice for the planned sale of 13,000 NetApp common shares, following 40,000 shares sold in the prior three months.
Rhea-AI Filing Summary
NetApp, Inc. (NTAP) received a Rule 144 notice from George Kurian covering a planned sale of 13,000 shares of common stock through Morgan Stanley Smith Barney LLC on NASDAQ. The shares relate to performance share awards and have an indicated aggregate market value of about $2.6 million.
The notice also reports that Kurian sold 40,000 NetApp common shares during the prior three months for proceeds of roughly $7.7 million.
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Key Figures
Shares to be sold under Rule 144: 13,000 shares
Aggregate market value of planned sale: $2,600,161.20
Shares sold in past three months: 40,000 shares
+3 more
6 metrics
Shares to be sold under Rule 144
13,000 shares
Planned sale of NetApp common stock by George Kurian
Aggregate market value of planned sale
$2,600,161.20
Value of 13,000 NetApp common shares listed in the notice
Shares sold in past three months
40,000 shares
NetApp common shares sold on September 14, 2026
Proceeds from recent sale
$7,656,847.50
Total consideration for 40,000 NetApp shares sold on September 14, 2026
Date of past 3‑month sale
September 14, 2026
Sale of 40,000 NetApp common shares
Planned transaction date reference
September 21, 2026
Date associated with the 13,000-share planned sale entry
Key Terms
Rule 144, Performance Shares, aggregate market value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Common ... | 13000 | 2600161.20"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the new Form 144 filing disclose for NetApp (NTAP)?
The filing states that George Kurian has notified of his intent to sell 13,000 shares of NetApp common stock under Rule 144, with an indicated aggregate market value of about $2.6 million, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.
What type of NetApp (NTAP) securities is George Kurian planning to sell?
The filing indicates that the securities are NetApp common stock related to Performance Shares, with 13,000 shares referenced in the section describing securities to be sold.
AI-generated analysis. How Rhea-AI works. Not financial advice.