NetApp CEO Kurian vests 7,565 RSU shares
NetApp, Inc. (NTAP) CEO George Kurian reported vesting and settlement of restricted stock units tied to his equity compensation.
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Rhea-AI Filing Summary
NetApp, Inc. (NTAP) CEO George Kurian reported vesting and settlement of restricted stock units tied to his equity compensation. On August 15, 2026, three RSU grants vested and 7,565 common shares were acquired through exercise/conversion of RSUs that convert one-for-one into common stock.
The vested shares came from prior RSU grants dated July 13, 2023 (2,885 shares), July 1, 2024 (1,999 shares), and July 1, 2025 (2,681 shares), each subject to multi-year quarterly vesting. On the same date, 3,817 shares of common stock were delivered or withheld at $204.99 per share for payment of exercise price or tax liability.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 2,885 | -- | -- |
| Exercise | Restricted Stock Unit F1, F3 | 1,999 | -- | -- |
| Exercise | Restricted Stock Unit F1, F4 | 2,681 | -- | -- |
| Exercise | Common Shares F1 | 7,565 | -- | -- |
| Exercise Price or Tax Liability | Common Shares | 3,817 | $204.99 | $782K |
Footnotes (4)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On July 13, 2023, the reporting person was granted 46,166 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2024 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.
- F3. On July 1, 2024, the reporting person was granted 31,988 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2025 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.
- F4. On July 1, 2025, the reporting person was granted 42,909 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2026 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.
Key Figures
Key Terms
Restricted stock units financial
convert into common stock on a one-for-one basis financial
Exercise or conversion of derivative security financial
Payment of exercise price or tax liability by delivering or withholding securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity activity did NTAP CEO George Kurian report on August 15, 2026?
How many NetApp (NTAP) restricted stock units vested for the CEO in this Form 4?
Which NetApp (NTAP) RSU grants were involved in the August 15, 2026 vesting event?
What are the vesting terms for the NTAP CEO’s restricted stock units mentioned here?
AI-generated analysis. How Rhea-AI works. Not financial advice.