Broker files sale of 225 NTAP shares under ESPP (NTAP)

Rhea-AI Filing Summary

NTAP submitted a Form 144 notice reporting the proposed sale of 225 shares of Common stock by Morgan Stanley Smith Barney LLC under an Employee Stock Purchase Plan on 05/29/2026 for cash. The filing shows 197,330,400 shares outstanding as of 06/01/2026.

Insights

Securities Compliance Counsel

Routine Form 144 notice for broker-dealer resale under an ESPP.

The filing lists a broker-dealer, Morgan Stanley Smith Barney LLC, offering 225 shares on 05/29/2026 under an Employee Stock Purchase Plan. The stated sale method is Cash.

Timing and cash‑flow treatment are explicit in the excerpt; further transaction details and whether the sale occurred will appear in subsequent trading reports.

Key Figures

Shares to be sold: 225 shares Aggregate amount (listed): $38,495.25 Shares outstanding: 197,330,400 shares +2 more

5 metrics

Shares to be sold 225 shares to be sold on 05/29/2026 under ESPP

Aggregate amount (listed) $38,495.25 value associated with the broker-dealer line in the excerpt

Shares outstanding 197,330,400 shares as of 06/01/2026

Prior 3-month sale 275 shares sold by Daniel De Lorenzo on 05/18/2026

Prior sale aggregate $33,000.00 aggregate amount shown for the 275-share sale

Key Terms

Form 144, Employee Stock Purchase Plan, Issuer

3 terms

Form 144 regulatory

"144: Securities To Be Sold"

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.

Employee Stock Purchase Plan financial

"Employee Stock Purchase Plan | ISSUER"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Issuer regulatory

"Employee Stock Purchase Plan | ISSUER"

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Available on EDGAR 06/01/2026 - 04:09 PM Accepted by SEC EDGAR 06/01/2026 - 04:06 PM Learn about SEC filing dates

FAQ

What does NTAP's Form 144 report?

The filing reports a broker-dealer notice of a proposed sale of 225 shares of Common stock under an Employee Stock Purchase Plan dated 05/29/2026. It lists the sale method as cash and the broker-dealer as Morgan Stanley Smith Barney LLC.

Who is the selling party on the NTAP Form 144?

The broker-dealer listed is Morgan Stanley Smith Barney LLC at 1 New York Plaza. The excerpt ties the sale to an Employee Stock Purchase Plan and identifies the broker-dealer as the filer for the 05/29/2026 sale.

How many shares does the filing say were sold in the prior 3 months?

The excerpt shows that DANIEL DE LORENZO sold 275 shares on 05/18/2026 with an aggregate amount of $33,000.00. This is listed under "Securities Sold During The Past 3 Months."

What is NTAP's reported shares outstanding in the excerpt?

The filing lists 197,330,400 shares outstanding as of 06/01/2026. That figure appears on the issuer/securities information line in the provided excerpt.

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	225	38495.25	197330400	06/01/2026	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	05/29/2026	Employee Stock Purchase Plan	ISSUER			225	05/29/2026	Cash

* 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	05/18/2026	275	33000.00

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)