NetApp (NTAP) director Gerald Held sells 7,132 shares in open-market trade

Rhea-AI Filing Summary

NetApp, Inc. director Gerald Held reported an open-market sale of company stock. On June 3, 2026, he sold 7,132 Common Shares at $180.00 per share. After this transaction, he directly holds 13,775 Common Shares, indicating he retained a substantial remaining position.

Insider Trade Summary

Net Seller: 7,132 shares ($1,283,760)

Net Sell 1 txn

Insider HELD GERALD

Role null

Sold 7,132 shs ($1.28M)

Type	Security	Shares	Price	Value
Sale	Common Shares	7,132	$180.00	$1.28M

Holdings After Transaction: Common Shares — 13,775 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 7,132 shares Sale price: $180.00 per share Shares after transaction: 13,775 shares +1 more

4 metrics

Shares sold 7,132 shares Open-market sale of Common Shares on June 3, 2026

Sale price $180.00 per share Price for the 7,132 Common Shares sold

Shares after transaction 13,775 shares Direct holdings following the reported sale

Net share direction -7,132 shares Net-sell based on transaction summary

Key Terms

open-market sale, Common Shares, Form 4, net-sell

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Shares financial

""security_title": "Common Shares""

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

net-sell financial

""netBuySellDirection": "net-sell""

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Form 4 Insider Transactions: What Each Field Means →

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^*

HELD GERALD

(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)
06/03/2026

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	06/03/2026		S		7,132	D	$180	13,775	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:

	/s/ Colin Lloyd, Attorney-in-Fact for Gerald Held	06/05/2026
	** 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)

FAQ

What insider transaction did NetApp (NTAP) director Gerald Held report?

Gerald Held reported an open-market sale of NetApp stock. He sold 7,132 Common Shares at $180.00 per share on June 3, 2026, as disclosed in a Form 4 insider trading report.

How many NetApp (NTAP) shares did Gerald Held sell and at what price?

Gerald Held sold 7,132 NetApp Common Shares at $180.00 per share. This was an open-market transaction reported on Form 4, reflecting a discretionary share sale by a company director.

How many NetApp (NTAP) shares does Gerald Held own after this sale?

After the sale, Gerald Held directly owns 13,775 NetApp Common Shares. The filing shows this post-transaction holding, giving investors context on his remaining stake following the reported open-market sale.

Was Gerald Held’s NetApp (NTAP) trade an open-market sale or another type?

The trade was an open-market sale of NetApp Common Shares. The Form 4 characterizes the transaction with code “S” and describes it as an open-market or private sale transaction, rather than a grant, gift, or tax withholding event.

Does Gerald Held’s Form 4 for NetApp (NTAP) involve derivative securities?

No, the reported transaction involves only non-derivative Common Shares. The derivative summary section is empty, indicating no options, warrants, or other derivative securities were exercised or converted in this particular Form 4 filing.