NetApp (NTAP) EVP O'Callahan sells 1,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NetApp executive Elizabeth M. O'Callahan reported an open-market sale of company stock. On February 10, 2026, the EVP and Chief Administrative Officer sold 1,000 NetApp common shares at a price of $103.45 per share in a transaction coded as a sale.
Following this sale, she beneficially owns 20,075 common shares directly. The filing notes that the transaction was carried out under a pre-arranged Rule 10b5-1 trading plan that she adopted on November 29, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($103,450)
Net Sell
1 txn
Insider
O'Callahan Elizabeth M
Role
EVP, Chief Admin. Officer
Sold
1,000 shs ($103K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 1,000 | $103.45 | $103K |
Holdings After Transaction:
Common Shares — 20,075 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did NetApp (NTAP) report for Elizabeth M. O'Callahan?
NetApp reported that EVP and Chief Administrative Officer Elizabeth M. O'Callahan sold 1,000 common shares. The sale occurred on February 10, 2026, and was reported on a Form 4 insider trading filing with the Securities and Exchange Commission.
What is Elizabeth M. O'Callahan’s role at NetApp (NTAP)?
Elizabeth M. O'Callahan is an officer of NetApp serving as Executive Vice President and Chief Administrative Officer. Her role is identified in the Form 4 filing, which also confirms she is not a director and not a 10% owner of the company.
Was the NetApp (NTAP) insider sale under a Rule 10b5-1 trading plan?
Yes. The Form 4 states the transaction was effected under a Rule 10b5-1 trading plan adopted by Elizabeth M. O'Callahan on November 29, 2024. This indicates the sale followed a pre-established, disclosed trading arrangement.
What transaction code is used for the NetApp (NTAP) insider sale?
The filing uses transaction code "S" for the reported trade, identifying it as a sale in an open market or private transaction. This code appears in Table I of the Form 4 for the February 10, 2026 transaction in NetApp common shares.