[144] NetApp, Inc SEC Filing

Rhea-AI Filing Summary

NetApp, Inc. insider stock sale notice under Rule 144: The filing reports a proposed sale of 1,000 restricted shares of common stock through Morgan Stanley Smith Barney with an aggregate market value of $123,670, against 199,618,386 shares outstanding, and an approximate sale date of 09/10/2025. The shares were originally acquired from the issuer as restricted stock on 05/15/2024. The filer also reported two recent sales during the past three months: 1,000 shares sold on 08/11/2025 for $105,900 and 1,000 shares sold on 07/10/2025 for $106,840. The notice includes the seller’s representation that no material nonpublic information is known to the seller. This form documents intended insider sales rather than company financial performance.

Insights

Securities Analyst

TL;DR: Routine insider sale notice showing disposal of restricted shares via broker; not a company performance disclosure.

This Form 144 indicates a planned sale of 1,000 restricted shares through a major broker with an indicated market value of $123,670. The acquisition was an issuer grant dated 05/15/2024, consistent with executive compensation vesting or grant mechanics. Two prior small sales of 1,000 shares each in the past three months are disclosed, demonstrating recent liquidity events by the same person. For investors, these filings document insider selling activity but do not, by themselves, provide information about company fundamentals or signal material corporate events.

Corporate Governance Expert

TL;DR: Compliance-focused disclosure of Rule 144 sales; appears procedural with standard seller certification.

The submission lists the broker, number of shares, and that the shares were acquired as restricted stock from the issuer. The seller affirms no known material nonpublic information, and the filing follows Rule 144 aggregation and reporting requirements. The amounts disclosed (1,000 shares per transaction) are small relative to the ~199.6 million outstanding shares, suggesting limited governance or control implications. This is a standard transparency filing rather than a governance event requiring remedial action.

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	1000	123670.00	199618386	09/10/2025	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	Restricted Stock	ISSUER			1000	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
ELIZABETH O'CALLAHAN 3060 Olsen Drive San Jose CA 95128	Common	08/11/2025	1000	105900.00
ELIZABETH O'CALLAHAN 3060 Olsen Drive San Jose CA 95128	Common	07/10/2025	1000	106840.00

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)

FAQ

What does NetApp (NTAP) Form 144 disclose about the proposed sale?

The form discloses a proposed sale of 1,000 common shares via Morgan Stanley Smith Barney with an aggregate market value of $123,670 and an approximate sale date of 09/10/2025.

When and how were the shares being sold on NTAP acquired?

The 1,000 shares were acquired as restricted stock from the issuer on 05/15/2024.

Has the filer sold NTAP shares recently?

Yes. The filing reports sales of 1,000 shares on 08/11/2025 for $105,900 and 1,000 shares on 07/10/2025 for $106,840.

How material is the proposed sale relative to NetApp's outstanding shares?

The proposed 1,000 share sale is small relative to 199,618,386 shares outstanding, representing an immaterial fraction of total equity.

Does this Form 144 indicate the seller knows material nonpublic information about NTAP?

By signing, the seller represents they do not know any material adverse nonpublic information regarding the issuer.