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NetApp officer plans 1,000-share, $185K stock sale

NetApp officer Elizabeth O'Callahan filed a Rule 144 notice to sell 1,000 shares of NTAP common stock, with prior 1,000‑share sales disclosed for July and August 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

NetApp, Inc. (NTAP) received a notice of proposed sale under Rule 144 for its common stock by officer Elizabeth O'Callahan. The notice covers a planned sale of 1,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value listed as $184,740 and 196,419,005 shares of common stock reported as outstanding. The securities to be sold are described as restricted stock acquired from the issuer on May 15, 2025. The notice also lists prior sales by the same person of 1,000 shares on August 10, 2026 for $193,820 and 1,000 shares on July 10, 2026 for $170,920.

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Shares to be sold 1,000 shares Common stock proposed to be sold under Rule 144 by Elizabeth O'Callahan
Aggregate market value of proposed sale $184,740 Value reported for 1,000 NetApp common shares to be sold
Shares outstanding 196,419,005 shares NetApp common stock reported as outstanding in the Form 144
Prior sale on August 10, 2026 1,000 shares for $193,820 NetApp common stock sold by Elizabeth O'Callahan during past 3 months
Prior sale on July 10, 2026 1,000 shares for $170,920 NetApp common stock sold by Elizabeth O'Callahan during past 3 months
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
"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.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 1000 | 184740.00"
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.
NASDAQ market
"| 196419005 | 09/10/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

FAQ

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

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

The filing discloses that Elizabeth O'Callahan, an officer of NetApp, filed a Rule 144 notice to sell 1,000 shares of NetApp common stock, with an aggregate market value stated as $184,740, and identifies the shares as restricted stock acquired from the issuer.

How many NetApp (NTAP) shares are covered by the proposed Rule 144 sale?

The notice covers a proposed sale of 1,000 shares of NetApp common stock. These shares are described as restricted stock that were acquired from NetApp on May 15, 2025.

What aggregate market value is reported for the NetApp (NTAP) shares to be sold?

The Form 144 lists an aggregate market value of $184,740 for the 1,000 shares of NetApp common stock proposed to be sold under Rule 144 through Morgan Stanley Smith Barney LLC.

How many NetApp (NTAP) shares are reported as outstanding in the Form 144?

The filing reports that 196,419,005 shares of NetApp common stock are outstanding. This figure is presented in the securities information section and is separate from the 1,000 shares proposed for sale.

What prior NetApp (NTAP) stock sales by Elizabeth O'Callahan are disclosed?

The notice lists past 3‑month sales by Elizabeth O'Callahan of 1,000 shares of NetApp common stock on August 10, 2026 for $193,820 and 1,000 shares on July 10, 2026 for $170,920.

Through which broker is the NetApp (NTAP) Rule 144 sale planned?

The proposed sale is listed as being through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, with the shares trading on NASDAQ.

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

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Learn about SEC filing dates

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

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