NetApp (NTAP) insider De Lorenzo files to sell 252 shares under Rule 144

Rhea-AI Filing Summary

NetApp insider Daniel De Lorenzo filed a notice to sell 252 shares of common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC, with an aggregate market value of 25,663.68, on or around 02/17/2026 on NASDAQ.

The 252 shares were acquired as restricted stock from the issuer on 02/15/2026. Over the prior three months, De Lorenzo also sold 33 common shares on 12/01/2025 for gross proceeds of 3,631.32. NetApp had 198,060,348 common shares outstanding at the time referenced.

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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	252	25663.68	198060348	02/17/2026	NASDAQ

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	02/15/2026	Restricted Stock	ISSUER			252	02/15/2026	Not Applicable

* 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
DANIEL DE LORENZO 3060 Olsen Drive San Jose CA 95128	Common	12/01/2025	33	3631.32

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 does the NetApp (NTAP) Form 144 filing by Daniel De Lorenzo disclose?

The filing reports that Daniel De Lorenzo plans to sell 252 NetApp common shares under Rule 144. The proposed sale will occur through Morgan Stanley Smith Barney LLC on or about 02/17/2026 on NASDAQ, reflecting an aggregate market value of 25,663.68.

How many NetApp (NTAP) shares is Daniel De Lorenzo planning to sell?

Daniel De Lorenzo plans to sell 252 NetApp common shares according to the Form 144. These shares carry an aggregate market value of 25,663.68 and are expected to be sold on or about 02/17/2026 through Morgan Stanley Smith Barney LLC on NASDAQ.

How were the NetApp (NTAP) shares in the Form 144 acquired?

The 252 NetApp shares were acquired as restricted stock from the issuer on 02/15/2026. The filing notes the nature of the acquisition as “Restricted Stock,” with the issuer listed as the source and a payment date matching the acquisition date.

Has Daniel De Lorenzo sold other NetApp (NTAP) shares recently?

Yes. Over the prior three months, De Lorenzo sold 33 NetApp common shares on 12/01/2025. The filing states these shares generated gross proceeds of 3,631.32, separate from the newly proposed 252-share sale under Rule 144.

What is the market value and exchange for the NetApp (NTAP) shares in this Form 144?

The 252 NetApp shares listed in the Form 144 have an aggregate market value of 25,663.68. The filing indicates the proposed sale will take place on the NASDAQ exchange, using Morgan Stanley Smith Barney LLC as the broker.

How many NetApp (NTAP) shares were outstanding at the time referenced?

The Form 144 notes that 198,060,348 NetApp common shares were outstanding at the referenced time. This figure provides context for the relative size of the proposed 252-share sale by Daniel De Lorenzo under Rule 144.