NetApp holder plans 40,000-share sale in 2026

NetApp, Inc. (NTAP) received a Rule 144 notice from shareholder George Kurian covering a proposed sale of up to 40,000 shares of common stock through Morgan Stanley Smith Barney LLC on or after September 14, 2026 on NASDAQ.

Rhea-AI Filing Summary

NetApp, Inc. (NTAP) received a Rule 144 notice from shareholder George Kurian covering a proposed sale of up to 40,000 shares of common stock through Morgan Stanley Smith Barney LLC on or after September 14, 2026 on NASDAQ.

The shares were acquired upon vesting of restricted stock and Performance Shares during the period from May 15, 2024 through February 15, 2025, with an indicated aggregate market value of about $7,656,847.50 for the 40,000 shares.

Key Figures

Shares proposed for sale: 40,000 shares Aggregate market value of securities: $7,656,847.50 Approximate sale date: September 14, 2026 +3 more

6 metrics

Shares proposed for sale 40,000 shares Common stock covered by the Rule 144 notice

Aggregate market value of securities $7,656,847.50 Indicated value for the 40,000 shares of NetApp common stock

Approximate sale date September 14, 2026 Planned date for the proposed sale of NetApp common stock

Period of award vesting May 15, 2024 to February 15, 2025 Vesting period during which restricted stock and Performance Shares were acquired

Shares to be sold (acquisition table) 40,000 shares Number of shares acquired from Performance and Restricted Stock listed as to be sold

Date of Notice September 14, 2026 Date shown in the notice field for the Form 144

Key Terms

Rule 144, restricted stock, Performance Shares, Securities To Be Sold

4 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.

restricted stock financial

"The securities to be sold were acquired upon the vesting of restricted stock and Performance Shares"

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.

Performance Shares financial

"The securities to be sold were acquired upon the vesting of restricted stock and Performance Shares"

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.

Securities To Be Sold financial

"144: Securities To Be Sold Common | 05/15/2024 | Performance and Restricted Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for NetApp (NTAP)?

It reports that George Kurian has filed a notice under Rule 144 for a proposed sale of up to 40,000 shares of NetApp common stock through Morgan Stanley Smith Barney LLC on or after September 14, 2026.

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

The notice covers up to 40,000 shares of NetApp common stock. These shares have an indicated aggregate market value of approximately $7,656,847.50 in the filing’s securities information section.

When were the NetApp (NTAP) shares to be sold by George Kurian acquired?

The shares were acquired upon the vesting of restricted stock and Performance Shares during the period from May 15, 2024 through February 15, 2025, according to the remarks section.

What is the approximate value of the NetApp (NTAP) shares in this Form 144?

The securities information lists an aggregate market value of about $7,656,847.50 for the 40,000 shares of NetApp common stock covered by the Rule 144 notice.

Which broker is named for the planned sale of NetApp (NTAP) shares?

The proposed sale of NetApp shares is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, as the broker handling the transaction.

When was the Rule 144 notice for NetApp (NTAP) dated and signed?

The notice shows a Date of Notice of September 14, 2026 and is signed “/s/ George Kurian”, with an additional date reference of June 15, 2026 appearing alongside the notice date field.

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

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Available on EDGAR 09/14/2026 - 04:43 PM Accepted by SEC EDGAR 09/14/2026 - 04:41 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	0001586813
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NETAPP, INC.
SEC File Number	000-27130
Address of Issuer	3060 Olsen Drive San Jose CALIFORNIA 95128
Phone	(408) 822-6000
Name of Person for Whose Account the Securities are To Be Sold	GEORGE KURIAN
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	Officer
Relationship to Issuer	Director

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	40000	7656847.50	196419005	09/14/2026	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	05/15/2024	Performance and Restricted Stock	ISSUER			40000	05/15/2024	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

Nothing to Report

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock and Performance Shares during the period of 05/15/2024 through 02/15/2025
Date of Notice	09/14/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/15/2026
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	/s/ George Kurian
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)