Cesar Cernuda Rego plans $533K NetApp (NASDAQ: NTAP) stock sale

Rhea-AI Filing Summary

Cesar Cernuda Rego filed a notice of proposed sales of 2,608 shares of NetApp, Inc. (NTAP) common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $533,297.14. NetApp had 195,919,927 shares outstanding, and the approximate sale date is August 17, 2026.

The shares to be sold are restricted stock acquired from the issuer on August 15, 2025. In the prior three months, there was a separate sale of 49,464 shares of common stock, with an aggregate value of $7,657,767.42.

Key Figures

Shares to be sold: 2,608 shares Aggregate market value of proposed sale: $533,297.14 Shares outstanding: 195,919,927 shares +4 more

7 metrics

Shares to be sold 2,608 shares Proposed sale of NetApp common stock

Aggregate market value of proposed sale $533,297.14 Value of 2,608 shares proposed for sale

Shares outstanding 195,919,927 shares NetApp common shares outstanding at the time of notice

Prior 3-month shares sold 49,464 shares Common shares sold on June 23, 2026

Value of prior 3-month sale $7,657,767.42 Aggregate value of 49,464 shares sold on June 23, 2026

Approximate sale date 08/17/2026 Approximate date for the proposed 2,608-share sale

Date restricted stock acquired 08/15/2025 Acquisition date of restricted shares from issuer

Key Terms

restricted stock, aggregate market value, shares outstanding, Form 144

4 terms

restricted stock financial

"Common | 08/15/2025 | Restricted Stock | Issuer"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

aggregate market value financial

"2608 | 533297.14 | 195919927 | 08/17/2026"

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.

shares outstanding financial

"533297.14 | 195919927 | 08/17/2026"

Shares outstanding are the total number of a company’s stock units held by all shareholders, including institutional investors and company insiders — think of them as the total number of slices of the company’s ownership pie. Investors use this number to calculate how much of the company each share represents, and it directly affects per-share measures like earnings per share, ownership percentage and valuation; when the slice count changes, an investor’s claim and the company’s per-share metrics change too.

Form 144 regulatory

"144: Securities Information Common"

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.

FAQ

What proposed stock sale does the NTAP Form 144 notice disclose?

The notice discloses a proposed sale of 2,608 shares of NetApp (NTAP) common stock with an aggregate market value of $533,297.14, to be executed through Morgan Stanley Smith Barney LLC around August 17, 2026 on the NASDAQ.

How many NetApp (NTAP) shares are outstanding in this Form 144 context?

The notice reports that NetApp (NTAP) has 195,919,927 shares outstanding. This figure provides context for the 2,608-share proposed sale, indicating that the planned disposition represents a very small fraction of the company’s total outstanding common stock.

What type of NetApp (NTAP) securities are planned for sale in this notice?

The securities planned for sale are restricted shares of NetApp common stock acquired from the issuer on August 15, 2025. The Form 144 notice covers 2,608 restricted shares that are now eligible to be sold, subject to applicable trading rules.

What prior NetApp (NTAP) stock sales are reported in the last three months?

The notice lists a prior sale on June 23, 2026 of 49,464 shares of NetApp (NTAP) common stock, with an aggregate value of $7,657,767.42. This transaction is separate from the newly proposed 2,608-share sale.

Who is the reporting person associated with this NTAP Form 144 notice?

The reporting person is Cesar Cernuda Rego, associated with an address in San Jose, California. The notice covers his proposed sale of 2,608 restricted NetApp (NTAP) common shares and references a prior three-month period sale of 49,464 shares.

Which broker and exchange are involved in the planned NTAP share sale?

The planned sale of 2,608 NetApp (NTAP) common shares will use Morgan Stanley Smith Barney LLC Executive Financial Services as broker, with trading on the NASDAQ. The proposed transaction’s aggregate market value is $533,297.14 as reported.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/17/2026 - 04:30 PM Accepted by SEC EDGAR 08/17/2026 - 04:30 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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2608	533297.14	195919927	08/17/2026	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	08/15/2025	Restricted Stock	Issuer			2608	08/15/2025	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
CESAR CERNUDA REGO 3060 Olsen Drive San Jose CA 95128	Common	06/23/2026	49464	7657767.42

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)