NetApp (NTAP) VP CAO sells 327 shares in Form 4 filing

NetApp, Inc. (NTAP) reported an insider transaction by its VP, Controller & CAO, Daniel De Lorenzo, on a Form 4.

Accepted by SEC EDGAR 11/19/2025 - 04:16 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

NetApp, Inc. (NTAP) reported an insider transaction by its VP, Controller & CAO, Daniel De Lorenzo, on a Form 4. On 11/17/2025, he sold 327 shares of NetApp common stock at a price of $107.48 per share, reported with transaction code "S." Following this sale, the filing shows that he beneficially owned 0 shares directly. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025.

Insider Trade Summary

Net Seller: 327 shares

Net Sell 1 txn

Insider De Lorenzo Daniel

Role VP, Controller & CAO

Sold 327 shs ($35K)

Share of Position Sold 100%

Type	Security	Shares	Price	Value
Sale	Common Shares	327	$107.48	$35K

Holdings After Transaction: Common Shares — 0 shares (Direct)

Holdings Before and After: Common Shares, 327 to 0 shares (Direct)

Other Insiders: 1 other insider reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (1)

1. 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 26, 2025.

FAQ

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

What insider transaction in NetApp (NTAP) is reported in this Form 4?

The Form 4 reports that VP, Controller & CAO Daniel De Lorenzo sold 327 shares of NetApp common stock on 11/17/2025 at a price of $107.48 per share.

What is Daniel De Lorenzo’s role at NetApp (NTAP)?

The reporting person, Daniel De Lorenzo, is identified as an officer of NetApp with the title VP, Controller & CAO.

How many NetApp (NTAP) shares does the insider own after this transaction?

After the reported sale of 327 shares, the filing shows that 0 shares are beneficially owned directly by the reporting person.

Was the NetApp (NTAP) insider trade made under a Rule 10b5-1 plan?

Yes. The filing states that the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025.

Is this NetApp (NTAP) Form 4 filed by a single reporting person?

Yes. The Form 4 indicates that it is filed by one reporting person, not by more than one reporting person.

What transaction code is used for the NetApp (NTAP) insider sale?

The sale of 327 NetApp common shares is reported with transaction code "S", indicating a sale of securities.

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

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

De Lorenzo Daniel

(Last) (First) (Middle)

3060 OLSEN DR

(Street)

SAN JOSE CA 95128

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NetApp, Inc. [ NTAP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Controller & CAO

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	11/17/2025		S(1)		327	D	$107.48	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025.

	/s/ Bryan Tham, Attorney-in-Fact for Daniel De Lorenzo	11/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.