[Form 4] NetApp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Nair Syam reported acquisition or exercise transactions in this Form 4 filing.

NetApp EVP and Chief Product Officer Syam Nair received a grant of 14,783 restricted stock units (RSUs) on common shares as equity compensation. According to the award terms, 1/8 of the RSUs will vest on October 15, 2026, with 1/16 of the shares vesting quarterly thereafter over a total of 45 months, subject to continued service. All 14,783 RSUs were newly granted and represent Nair’s reported RSU holdings following this transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nair Syam

Role EVP, Chief Product Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	14,783	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 14,783 shares (Direct, null)

Footnotes (1)

1. Restricted stock units convert into common stock on a one-for-one basis. On July 1, 2026, the reporting person was granted 14,783 restricted stock units. Restricted stock unit awards shall vest as to 1/8th (12.5%) of the shares October 15, 2026 and 1/16th (6.25%) of the shares quarterly thereafter for a total of 45 months, subject to continued service on each applicable vesting date.

Key Figures

RSUs granted: 14,783 units Initial vesting tranche: 12.5% of shares Subsequent vesting rate: 6.25% quarterly +2 more

5 metrics

RSUs granted 14,783 units Restricted stock unit award to EVP, Chief Product Officer

Initial vesting tranche 12.5% of shares Vests on October 15, 2026

Subsequent vesting rate 6.25% quarterly Vesting over a total of 45 months after initial date

Holdings after transaction 14,783 RSUs Total RSUs reported following this grant

RSU conversion ratio 1:1 to common shares Each RSU converts into one NetApp common share

Key Terms

Restricted stock unit, vest, Common Shares

3 terms

Restricted stock unit financial

"On July 1, 2026, the reporting person was granted 14,783 restricted stock units."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

vest financial

"Restricted stock unit awards shall vest as to 1/8th (12.5%) of the shares October 15, 2026 and 1/16th (6.25%) of the shares quarterly thereafter"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Common Shares financial

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

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:30 PM Accepted by SEC EDGAR 07/02/2026 - 04:30 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^*

Nair Syam

(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 Product Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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)	07/01/2026		A		14,783		(2)	(2)	Common Shares	14,783	(1)	14,783	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. On July 1, 2026, the reporting person was granted 14,783 restricted stock units. Restricted stock unit awards shall vest as to 1/8th (12.5%) of the shares October 15, 2026 and 1/16th (6.25%) of the shares quarterly thereafter for a total of 45 months, subject to continued service on each applicable vesting date.

	/s/ Colin Lloyd, Attorney-in-Fact for Syam Nair	07/02/2026
	** 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)