NetApp director Fipps reports RSU vesting, grant

NetApp director Paul Fipps had 2,646 restricted stock units vest into common shares and received a new grant of 1,542 restricted stock units tied to the next annual meeting.

Rhea-AI Filing Summary

NetApp, Inc. (NTAP) reports that director Paul Fipps received and vested equity awards in the form of restricted stock units. On September 8, 2026, 2,646 restricted stock units granted on January 14, 2026 vested and converted into 2,646 common shares on a one-for-one basis, which he now holds directly. On September 9, 2026, he was granted an additional 1,542 restricted stock units that will vest on the day immediately preceding the date of the next Annual Meeting of Stockholders, subject to his continuous service on the Board. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

2,646 shares exercised/converted

Exercise 3 txns

Insider Fipps Paul

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F3	1,542	--	--
Exercise	Restricted Stock Unit F1, F2	2,646	--	--
Exercise	Common Shares F1	2,646	--	--

Holdings After Transaction: Restricted Stock Unit — 1,542 contracts (Direct); Common Shares — 2,646 shares (Direct)

Footnotes (3)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. F2. On January 14, 2026, the reporting person was granted 2,646 restricted stock units, which vested on September 8, 2026, the day immediately preceding the date of the 2026 Annual Meeting of Stockholders.
3. F3. On September 9, 2026, the reporting person was granted 1,542 restricted stock units which vest on the day immediately preceding the date of the next Annual Meeting of Stockholders of the Company following the grant date, subject to the reporting person's continuous service on the Board through such date.

Key Figures

Vested restricted stock units: 2,646 units Common shares acquired from vesting: 2,646 shares New restricted stock unit grant: 1,542 units +1 more

4 metrics

Vested restricted stock units 2,646 units Vested and converted into common shares on September 8, 2026

Common shares acquired from vesting 2,646 shares Issued upon conversion of restricted stock units on September 8, 2026

New restricted stock unit grant 1,542 units Granted on September 9, 2026, subject to service-based vesting

Grant date of vested restricted stock units January 14, 2026 Earlier award of 2,646 restricted stock units that vested on September 8, 2026

Key Terms

Restricted stock units, Annual Meeting of Stockholders, continuous service on the Board

3 terms

Restricted stock units financial

"Restricted stock units convert into common stock on a one-for-one basis"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Annual Meeting of Stockholders regulatory

"the day immediately preceding the date of the 2026 Annual Meeting of Stockholders"

continuous service on the Board financial

"subject to the reporting person's continuous service on the Board through such date"

FAQ

What insider equity awards did NetApp (NTAP) director Paul Fipps report?

He reported the vesting of 2,646 restricted stock units into common shares on September 8, 2026 and a new grant of 1,542 restricted stock units on September 9, 2026, each converting into common stock on a one-for-one basis.

How many NetApp (NTAP) common shares did Paul Fipps receive from vesting awards?

On September 8, 2026, 2,646 restricted stock units vested and converted into 2,646 common shares, which are now held directly by Paul Fipps as reported in the filing.

What are the vesting terms of Paul Fipps’ new NetApp (NTAP) restricted stock units?

The 1,542 restricted stock units granted on September 9, 2026 vest on the day immediately preceding the date of the next Annual Meeting of Stockholders, subject to his continuous service on the Board through that date.

Are Paul Fipps’ NetApp (NTAP) transactions under a Rule 10b5-1 trading plan?

The filing indicates that these transactions are not reported as being made under a Rule 10b5-1 trading plan or other pre-arranged trading arrangement.

What is the conversion ratio for Paul Fipps’ NetApp (NTAP) restricted stock units?

The filing states that restricted stock units convert into common stock on a one-for-one basis, so each vested unit results in the issuance of one NetApp common share.

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Available on EDGAR 09/10/2026 - 05:22 PM Accepted by SEC EDGAR 09/10/2026 - 05:21 PM Learn about SEC filing dates

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).

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^*

Fipps Paul

(Last) (First) (Middle)

3060 OLSEN DRIVE

(Street)

SAN JOSE CALIFORNIA 95128

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2026

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

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

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

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	09/08/2026		M		2,646	A	(1)	2,646	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
Restricted Stock Unit	(1)	09/08/2026		M			2,646	(2)	(2)	Common Shares	2,646	(1)	0	D
Restricted Stock Unit	(1)	09/09/2026		A		1,542		(3)	(3)	Common Shares	1,542	(1)	1,542	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. On January 14, 2026, the reporting person was granted 2,646 restricted stock units, which vested on September 8, 2026, the day immediately preceding the date of the 2026 Annual Meeting of Stockholders.

3. On September 9, 2026, the reporting person was granted 1,542 restricted stock units which vest on the day immediately preceding the date of the next Annual Meeting of Stockholders of the Company following the grant date, subject to the reporting person's continuous service on the Board through such date.

	/s/ Colin Lloyd, Attorney-in-Fact for Paul Fipps	09/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)