NetApp CEO George Kurian sells 13,000 shares
The CEO's sale was made under a Rule 10b5-1 plan adopted on June 15, 2026, and he held 305,537 shares directly afterward.
Rhea-AI Filing Summary
NetApp, Inc. CEO George Kurian sold 13,000 common shares on September 21, 2026, at a weighted average price of $200.01 per share. Prices received ranged from $200.00 to $200.45. The sale was made under a Rule 10b5-1 trading plan adopted on June 15, 2026. After the transaction, Kurian directly held 305,537 shares.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 13,000 shares
Net Sell
1 txn
Insider
Kurian George
Role
CEO
Sold
13,000 shs ($2.60M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F2 | 13,000 | $200.01 | $2.60M |
Holdings After Transaction:
Common Shares — 305,537 shares (Direct)
Footnotes (2)
- F1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2026.
- F2. The price in Column 4 is a weighted average price. The prices actually received ranged from $200.00 to $200.45. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Key Figures
Shares sold: 13,000 shares
Weighted average sale price: $200.01 per share
Sale price range: $200.00–$200.45 per share
+1 more
4 metrics
Shares sold
13,000 shares
September 21, 2026
Weighted average sale price
$200.01 per share
September 21, 2026
Sale price range
$200.00–$200.45 per share
Prices received for the September 21, 2026 sale
Direct shares held after transaction
305,537 shares
After the September 21, 2026 sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Sale in open market or private transaction"
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AI-generated analysis. How Rhea-AI works. Not financial advice.