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NetApp (NASDAQ: NTAP) holder Elizabeth O’Callahan plans 1,000-share sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Elizabeth O’Callahan, a holder of NetApp common stock, filed notice of a proposed sale of 1,000 shares through Morgan Stanley Smith Barney LLC on 07/10/2026 on NASDAQ, with an indicated value of 170,920.00. The shares to be sold are drawn from 114 shares acquired under an Employee Stock Purchase Plan on 11/29/2024 and 886 shares of restricted stock dated 05/15/2025. The filing also lists prior sales of 1,000 shares for 163,480.00 on 06/10/2026 and 1,000 shares for 117,730.00 on 05/11/2026.

Positive

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Proposed shares to be sold 1,000 shares Common stock sale through Morgan Stanley Smith Barney LLC on 07/10/2026
Proposed sale value 170,920.00 Indicated value for 1,000 NetApp common shares in proposed sale
ESPP shares included 114 shares Shares from Employee Stock Purchase Plan dated 11/29/2024
Restricted stock included 886 shares Restricted stock dated 05/15/2025 included in proposed sale
Sale on 06/10/2026 1,000 shares for 163,480.00 NetApp common shares sold during past 3 months
Sale on 05/11/2026 1,000 shares for 117,730.00 NetApp common shares sold during past 3 months
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
"Common | 11/29/2024 | 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.
Restricted Stock financial
"Common | 05/15/2025 | 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.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
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FAQ

What stock sale is disclosed for NTAP in this Form 144 filing?

The filing discloses a proposed sale of 1,000 shares of NetApp common stock, with an indicated value of 170,920.00, to be sold on 07/10/2026 through Morgan Stanley Smith Barney LLC on NASDAQ.

Who is the selling security holder in the NTAP Form 144 notice?

The selling security holder is Elizabeth O’Callahan, listed with an address at 3060 Olsen Drive, San Jose, CA 95128, filing to sell NetApp common stock through Morgan Stanley Smith Barney LLC Executive Financial Services.

What is the source of the NetApp shares being sold by Elizabeth O’Callahan?

The 1,000 NetApp shares consist of 114 shares from an Employee Stock Purchase Plan dated 11/29/2024 and 886 shares of restricted stock dated 05/15/2025, as disclosed in the securities-to-be-sold section.

What past NetApp stock sales by Elizabeth O’Callahan are reported?

The filing lists two recent sales: 1,000 shares for 163,480.00 on 06/10/2026 and 1,000 shares for 117,730.00 on 05/11/2026, both involving NetApp common stock.

Which broker is handling the proposed NTAP share sale?

The proposed sale of 1,000 NetApp shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

On which market will the proposed NTAP shares be sold?

The filing specifies that the 1,000 shares of NetApp common stock are proposed to be sold on the NASDAQ market on or about 07/10/2026, with an indicated value of 170,920.00.

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