NetApp (NTAP) CFO gets stock unit awards, uses shares to cover taxes

Rhea-AI Filing Summary

NetApp, Inc. executive vice president and CFO Wissam G. Jabre reported compensation-related share movements involving NetApp common shares. On May 14, 2026, he received two stock awards of 17,697 and 21,174 common shares at no purchase price, reflecting settlement of performance stock units originally granted on April 15, 2025 that convert into common stock on a one-for-one basis.

To cover tax obligations on these awards, 8,925 and 10,679 shares were withheld and disposed of at a price of $118.58 per share. After these grant and tax-withholding transactions, Jabre directly held 37,023 NetApp common shares.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider JABRE WISSAM G

Role EVP, CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	21,174	$0.00	--
Tax Withholding	Common Shares	10,679	$118.58	$1.27M
Grant/Award	Common Shares	17,697	$0.00	--
Tax Withholding	Common Shares	8,925	$118.58	$1.06M

Holdings After Transaction: Common Shares — 37,023 shares (Direct, null)

Footnotes (1)

1. Represents the settlement of performance stock units originally granted on April 15, 2025 Performance stock units convert into common stock on a one-for-one basis.

Key Figures

Tax-withheld shares (first block): 8,925 shares at $118.58 Tax-withheld shares (second block): 10,679 shares at $118.58 Stock award 1: 17,697 shares at $0.00 +3 more

6 metrics

Tax-withheld shares (first block) 8,925 shares at $118.58 Tax-withholding disposition on May 14, 2026

Tax-withheld shares (second block) 10,679 shares at $118.58 Tax-withholding disposition on May 14, 2026

Stock award 1 17,697 shares at $0.00 Grant/award acquisition on May 14, 2026

Stock award 2 21,174 shares at $0.00 Grant/award acquisition on May 14, 2026

Total tax-withholding shares 19,604 shares Tax-withholding dispositions in this report

Shares held after transactions 37,023 shares Direct NetApp common share holdings after May 14, 2026

Key Terms

performance stock units, tax-withholding disposition, Grant, award, or other acquisition, convert into common stock on a one-for-one basis

4 terms

performance stock units financial

"Represents the settlement of performance stock units originally granted on April 15, 2025"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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

"Performance stock units convert into common stock on a one-for-one basis."

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^*

JABRE WISSAM G

(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, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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	05/14/2026		A(1)		21,174	A	(2)	37,023	D
Common Shares	05/14/2026		F		10,679	D	$118.58	26,344	D
Common Shares	05/14/2026		A(1)		17,697	A	(2)	44,041	D
Common Shares	05/14/2026		F		8,925	D	$118.58	35,116	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. Represents the settlement of performance stock units originally granted on April 15, 2025

2. Performance stock units convert into common stock on a one-for-one basis.

	/s/ Dena Acevedo, Attorney-in-Fact for Wissam Jabre	05/18/2026
	** 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 share transactions did NetApp (NTAP) CFO Wissam Jabre report?

NetApp CFO Wissam Jabre reported stock awards and related tax withholding in common shares. He received two grants totaling tens of thousands of shares, with a portion withheld and disposed of to satisfy tax liabilities tied to those equity awards.

Were Wissam Jabre’s NetApp (NTAP) transactions open-market buys or sells?

The reported transactions were not open-market buys or sells. They reflect equity compensation grants and tax-withholding dispositions, where shares were delivered to cover tax obligations arising from the vesting of performance stock units converting into common stock.

How many NetApp (NTAP) shares were withheld for CFO tax obligations?

To satisfy tax obligations from equity awards, a total of 19,604 NetApp common shares were withheld and disposed of. These consisted of 8,925 shares and 10,679 shares, each treated as a tax-withholding disposition at a price of $118.58 per share.

What new NetApp (NTAP) share awards did CFO Wissam Jabre receive?

Wissam Jabre received two new stock awards of NetApp common shares: one for 17,697 shares and another for 21,174 shares. Both were granted at no purchase price, arising from the settlement of performance stock units that convert one-for-one into common stock.

How many NetApp (NTAP) shares does the CFO hold after these transactions?

Following the reported grants and tax-withholding dispositions, CFO Wissam Jabre directly holds 37,023 NetApp common shares. This figure represents his direct ownership position after accounting for both the awarded shares and those withheld for tax obligations.

What are NetApp (NTAP) performance stock units mentioned in the disclosure?

The performance stock units referenced are equity awards originally granted on April 15, 2025. According to the disclosure, these performance stock units settle into NetApp common stock on a one-for-one basis when vesting conditions are met, resulting in share delivery.