NetApp director gains 2,307 shares from RSU vest

NetApp director Carrie Palin reported RSU vesting into common shares and a new RSU grant tied to the next annual meeting.

Rhea-AI Filing Summary

NetApp, Inc. (NTAP) director Carrie Palin reported equity compensation activity involving restricted stock units (RSUs) and common shares. On September 8, 2026, 2,307 RSUs vested and were converted on a one-for-one basis into 2,307 common shares, bringing her directly held common shares to 11,660. On September 9, 2026, she received a new grant of 1,542 RSUs, which will vest on the day immediately preceding the date of the next Annual Meeting of Stockholders, subject to her continuous service on the Board.

Insider Trade Summary

2,307 shares exercised/converted

Exercise 3 txns

Insider Palin Carrie

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F3	1,542	--	--
Exercise	Restricted Stock Unit F1, F2	2,307	--	--
Exercise	Common Shares F1	2,307	--	--

Holdings After Transaction: Restricted Stock Unit — 1,542 contracts (Direct); Common Shares — 11,660 shares (Direct)

Footnotes (3)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. F2. On September 10, 2025, the reporting person was granted 2,307 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

RSUs vested and converted: 2,307 units Common shares acquired from RSU conversion: 2,307 shares Common shares held after transaction: 11,660 shares +2 more

5 metrics

RSUs vested and converted 2,307 units Restricted stock units converting into common stock on September 8, 2026

Common shares acquired from RSU conversion 2,307 shares Common shares received upon one-for-one conversion of vested RSUs on September 8, 2026

Common shares held after transaction 11,660 shares Direct NetApp common shares held by Carrie Palin following the September 8, 2026 conversion

New RSU grant 1,542 units Restricted stock units granted on September 9, 2026 to vest before the next Annual Meeting

Prior RSU grant date September 10, 2025 Grant date of 2,307 RSUs that vested on September 8, 2026

Key Terms

Restricted stock units, Annual Meeting of Stockholders, continuous service

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

"vested on September 8, 2026, the day immediately preceding the date of the 2026 Annual Meeting of Stockholders"

continuous service other

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

FAQ

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

What equity transactions did NetApp (NTAP) director Carrie Palin report in this Form 4?

Carrie Palin reported 2,307 RSUs vesting and converting into 2,307 NetApp common shares on September 8, 2026, and a new grant of 1,542 RSUs on September 9, 2026, subject to vesting conditions tied to the next Annual Meeting of Stockholders.

How many NetApp (NTAP) common shares does Carrie Palin hold after these transactions?

After the September 8, 2026 RSU conversion, Carrie Palin directly holds 11,660 NetApp common shares. This figure reflects the addition of 2,307 shares received upon the one-for-one conversion of vested restricted stock units.

What are the terms of the new 1,542 RSU grant to NetApp (NTAP) director Carrie Palin?

On September 9, 2026, Carrie Palin received 1,542 restricted stock units that will vest on the day immediately preceding the date of the next Annual Meeting of Stockholders, conditioned on her continuous service on NetApp’s Board through that date.

What was the origin of the 2,307 RSUs that vested for NetApp (NTAP) director Carrie Palin?

The 2,307 RSUs that vested on September 8, 2026, were originally granted to Carrie Palin on September 10, 2025. They vested on the day immediately preceding the date of NetApp’s 2026 Annual Meeting of Stockholders.

Does this NetApp (NTAP) Form 4 indicate trades under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is not affirmed (set to false), and the footnotes do not mention any Rule 10b5-1 plan, so the reported RSU vesting and grant are not identified as occurring under such a trading plan.

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

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Available on EDGAR 09/10/2026 - 05:07 PM Accepted by SEC EDGAR 09/10/2026 - 05:06 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^*

Palin Carrie

(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		2,307	A	(1)	11,660	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			2,307	(2)	(2)	Common Shares	2,307	(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 September 10, 2025, the reporting person was granted 2,307 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 Carrie Palin	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)