NetApp EVP O’Callahan converts awards to 1,385 shares

Q: What was Elizabeth M. O’Callahan’s NTAP restricted stock unit vesting schedule?

Elizabeth M. O’Callahan was granted 11,087 restricted stock units on July 1, 2026. The awards vest as to 1/8th (12.5%) on October 15, 2026, then 1/16th (6.25%) quarterly thereafter for a total of 45 months, subject to continued service on each applicable vesting date.

The award terms specify an October 15, 2026 initial vesting tranche, followed by quarterly vesting, subject to continued service, for a total of 45 months.

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Rhea-AI Filing Summary

NetApp, Inc. (NTAP) reports that EVP, Chief Admin. Officer Elizabeth M. O’Callahan converted 1,385 restricted stock units into 1,385 common shares on October 15, 2026, on a one-for-one basis. On that date, 699 common shares were delivered or withheld for payment of exercise price or tax liability at $222.20 per share. Her reported post-transaction restricted stock unit position was 9,702 shares.

Insider Trade Summary

1,385 shares exercised/converted

Exercise 3 txns

Insider O'Callahan Elizabeth M

Role EVP, Chief Admin. Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit ^{F1, F2}	1,385	--	--
Exercise	Common Shares ^F1	1,385	--	--
Exercise Price or Tax Liability	Common Shares	699	$222.20	$155K

Holdings After Transaction: Restricted Stock Unit — 9,702 contracts (Direct); Common Shares — 30,423 shares (Direct)

Footnotes (2)

F1. Restricted stock units convert into common stock on a one-for-one basis.
F2. On July 1, 2026, the reporting person was granted 11,087 restricted stock units. Restricted stock unit awards shall vest as to 1/8th (12.5%) of the shares October 15, 2026 and 1/16th (6.25%) of the shares quarterly thereafter for a total of 45 months, subject to continued service on each applicable vesting date.

Key Figures

Restricted stock units converted: 1,385 restricted stock units Common shares acquired: 1,385 shares Shares delivered or withheld: 699 shares +3 more

6 metrics

Restricted stock units converted 1,385 restricted stock units October 15, 2026

Common shares acquired 1,385 shares On conversion of restricted stock units on October 15, 2026

Shares delivered or withheld 699 shares For payment of exercise price or tax liability on October 15, 2026

Price per share $222.20 per share Reported with the October 15, 2026 delivery or withholding transaction

Restricted stock units after transaction 9,702 shares Reported following the October 15, 2026 transaction

Restricted stock units granted 11,087 restricted stock units Granted July 1, 2026

Key Terms

Restricted stock units, one-for-one basis, vest, continued service

4 terms

Restricted stock units financial

"Restricted stock units convert into common stock"

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.

one-for-one basis financial

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

vest financial

"awards shall vest as to 1/8th"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

continued service financial

"subject to continued service on each applicable vesting date"

FAQ

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

How many NTAP shares did Elizabeth M. O’Callahan receive and deliver on October 15, 2026?

Elizabeth M. O’Callahan converted 1,385 restricted stock units into 1,385 common shares on October 15, 2026. On that date, 699 common shares were delivered or withheld for payment of exercise price or tax liability at $222.20 per share.

What was Elizabeth M. O’Callahan’s NTAP restricted stock unit vesting schedule?

Elizabeth M. O’Callahan was granted 11,087 restricted stock units on July 1, 2026. The awards vest as to 1/8th (12.5%) on October 15, 2026, then 1/16th (6.25%) quarterly thereafter for a total of 45 months, subject to continued service on each applicable vesting date.

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

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Available on EDGAR 10/19/2026 - 04:30 PM EDT Accepted by SEC EDGAR 10/19/2026 - 04:30 PM EDT

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^*

O'Callahan Elizabeth M

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Chief Admin. Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	10/15/2026		M		1,385	A	⁽¹⁾	31,122	D
Common Shares	10/15/2026		F		699	D	$222.2	30,423	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	10/15/2026		M			1,385	⁽²⁾	⁽²⁾	Common Shares	1,385	⁽¹⁾	9,702	D

Explanation of Responses:

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

2. On July 1, 2026, the reporting person was granted 11,087 restricted stock units. Restricted stock unit awards shall vest as to 1/8th (12.5%) of the shares October 15, 2026 and 1/16th (6.25%) of the shares quarterly thereafter for a total of 45 months, subject to continued service on each applicable vesting date.

	/s/ Peter Mandel, Attorney-in-Fact for Elizabeth M O'Callahan	10/19/2026
	** 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)

Source: View Original Filing on SEC EDGAR