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

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

NetApp, Inc. executive Elizabeth M. O'Callahan, EVP and Chief Administrative Officer, reported a sale of 1,000 Common Shares on August 10, 2026, at $193.82 per share. After this open-market transaction, she directly holds 30,297 Common Shares. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on December 22, 2025.

Positive

  • None.

Negative

  • None.
Insider O'Callahan Elizabeth M
Role EVP, Chief Admin. Officer
Sold 1,000 shs ($194K)
Type Security Shares Price Value
Sale Common Shares F1 1,000 $193.82 $194K
Holdings After Transaction: Common Shares — 30,297 shares (Direct)
Footnotes (1)
  1. F1. 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.
Shares sold 1,000 shares Common Shares sold on August 10, 2026
Sale price per share $193.82 per share Price for the 1,000 Common Shares sold
Shares owned after sale 30,297 shares Direct Common Share holdings following the transaction
10b5-1 plan adoption date December 22, 2025 Date the Rule 10b5-1 trading plan was adopted
Rule 10b5-1 trading plan regulatory
"The Transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
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.
Common Shares financial
"security_title: Common Shares; transaction_shares: 1000.0000"
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.
direct ownership financial
"direct_or_indirect: D indicating direct ownership of the shares"

FAQ

What did NetApp (NTAP) executive Elizabeth O'Callahan report in this Form 4?
Elizabeth M. O'Callahan reported a sale of 1,000 NetApp Common Shares on August 10, 2026, at $193.82 per share. Following the transaction, she directly holds 30,297 shares of NetApp common stock.

At what price were the NetApp (NTAP) shares sold by Elizabeth O'Callahan?
The reported transaction shows a sale price of $193.82 per share for 1,000 NetApp Common Shares. This price is described as a per-share amount and reflects an open-market or private transaction sale.

How many NetApp (NTAP) shares does Elizabeth O'Callahan own after this transaction?
After the reported sale, Elizabeth M. O'Callahan directly holds 30,297 NetApp Common Shares. This figure represents her direct ownership position immediately following the August 10, 2026 transaction reported in the Form 4.

Was the NetApp (NTAP) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 22, 2025. Such plans prearrange trades and can reduce the informational value of trade timing.

What is the role of Elizabeth O'Callahan at NetApp (NTAP)?
Elizabeth M. O'Callahan is identified as EVP, Chief Administrative Officer of NetApp, Inc. in the Form 4. This officer status means the reported transaction reflects trading activity by a senior executive of the company.

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

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Admin. Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Shares08/10/2026S(1)1,000D$193.8230,297D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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'Callahan08/12/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR