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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.

(Neutral)
(Neutral)
Form Type
144

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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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
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.
Performance Shares financial
"Common | 05/16/2024 | Performance Shares | ISSUER"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
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.

How many NetApp (NTAP) shares has George Kurian sold recently?

The notice reports that 40,000 NetApp common shares were sold on September 14, 2026 during the past three months, for total proceeds of about $7.7 million.

How many NetApp (NTAP) shares are covered by the current Rule 144 notice?

The current notice covers a proposed sale of 13,000 shares of NetApp common stock. These shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ.

What is the approximate value of the NetApp (NTAP) shares to be sold?

The 13,000 NetApp common shares listed in the notice have an indicated aggregate market value of $2,600,161.20, based on the price information provided in the filing.

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.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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