NetApp (NTAP) EVP sells 1,000 shares under 10b5-1 plan

Rhea-AI Filing Summary

Elizabeth M. O'Callahan, EVP and Chief Admin. Officer of NetApp, Inc., completed an open-market sale of 1,000 common shares on 2026-07-10 at $170.9200 per share. After the transaction, she holds 31,297 shares directly. The sale was executed under a pre-arranged Rule 10b5-1 trading plan.

Insider Trade Summary 10b5-1

Net Seller: 1,000 shares ($170,920)

Net Sell 1 txn

Insider O'Callahan Elizabeth M

Role EVP, Chief Admin. Officer

Sold 1,000 shs ($171K)

Type	Security	Shares	Price	Value
Sale	Common Shares	1,000	$170.92	$171K

Holdings After Transaction: Common Shares — 31,297 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 1000.0000 shares Sale price: $170.9200 per share Shares owned after transaction: 31297.0000 shares +1 more

4 metrics

Shares sold 1000.0000 shares Open-market sale of NetApp common shares on 2026-07-10

Sale price $170.9200 per share Average price received in the July 10, 2026 sale

Shares owned after transaction 31297.0000 shares Directly held NetApp common shares following the reported sale

Net shares sold 1000 shares Net change in shareholdings across all reported transactions

Key Terms

Rule 10b5-1 trading plan, open-market sale, Chief Admin. Officer

3 terms

Rule 10b5-1 trading plan regulatory

"The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"completed an open-market sale of 1,000 common shares on 2026-07-10"

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.

Chief Admin. Officer other

"Elizabeth M. O'Callahan, EVP, Chief Admin. Officer of NetApp, Inc."

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/14/2026 - 04:31 PM Accepted by SEC EDGAR 07/14/2026 - 04:30 PM Learn about SEC filing dates

FAQ

What insider transaction did NetApp (NTAP) report for Elizabeth O'Callahan?

NetApp EVP Elizabeth O'Callahan reported an open-market sale of 1,000 common shares on July 10, 2026 at $170.9200 per share. This transaction reduced her directly held stake but left a substantial continuing ownership position.

At what price were the NetApp (NTAP) shares sold by Elizabeth O'Callahan?

Elizabeth O'Callahan sold 1,000 NetApp common shares at an average price of $170.9200 per share. This was an open-market transaction and is disclosed as a routine trade under SEC reporting requirements for company insiders.

How many NetApp (NTAP) shares does Elizabeth O'Callahan hold after this transaction?

Following the reported sale, Elizabeth O'Callahan directly holds 31,297 NetApp common shares. This post-transaction holding reflects her remaining equity interest as an executive officer after selling a portion of her position in July 2026.

Was the NetApp (NTAP) insider sale by Elizabeth O'Callahan under a Rule 10b5-1 plan?

Yes. The sale of 1,000 shares by Elizabeth O'Callahan was effected pursuant to a Rule 10b5-1 trading plan adopted on December 22, 2025, indicating it was pre-arranged rather than timed at her discretion.

What type of transaction did NetApp (NTAP) disclose for Elizabeth O'Callahan?

NetApp disclosed an open-market sale of common shares by Elizabeth O'Callahan, coded as an S transaction on Form 4. It involved 1,000 non-derivative common shares and did not include any option exercises or derivative security activity.

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^*

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)
07/10/2026

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	07/10/2026		S(1)		1,000	D	$170.92	31,297	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 on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 22, 2025.

	/s/ Colin Lloyd, Attorney-in-Fact for Elizabeth M O'Callahan	07/14/2026
	** 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)