NetApp director June Yang granted 1,542 RSUs

NetApp director June Yang was granted 1,542 RSUs that vest before the next annual meeting, subject to continued Board service.

Rhea-AI Filing Summary

NetApp, Inc. (NTAP) director June Yang received an equity compensation grant of 1,542 restricted stock units on September 9, 2026. These RSUs convert into common stock on a one-for-one basis and represent Yang's direct beneficial ownership of 1,542 underlying common shares after the grant.

The RSUs vest on the day immediately preceding the next Annual Meeting of Stockholders following the grant date, contingent on Yang's continuous service on the Board through that date. Vested shares will be delivered upon the earlier of ceasing Board service or a change of control.

Insider Trade Summary

Grant/Award: 1,542 shares

Grant/Award 1 txn

Insider Yang June

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F2	1,542	--	--

Holdings After Transaction: Restricted Stock Unit — 1,542 contracts (Direct)

Footnotes (2)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. F2. 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. Vested shares will be delivered to the reporting person on the earlier of: (i) the date the reporting person ceases service as a Board Member or (ii) the date on which a change of control occurs.

Key Figures

RSUs granted: 1,542 units Underlying common shares: 1,542 shares Vesting trigger: Day before next Annual Meeting +1 more

4 metrics

RSUs granted 1,542 units Restricted stock units granted to director June Yang on September 9, 2026

Underlying common shares 1,542 shares Common shares underlying the RSUs on a one-for-one basis

Vesting trigger Day before next Annual Meeting Vesting date tied to the next Annual Meeting of Stockholders following the grant

Delivery events Board service end or change of control Vested shares delivered on earlier of service cessation or change of control

Key Terms

Restricted Stock Unit, change of control, Annual Meeting of Stockholders, common stock

4 terms

Restricted Stock Unit financial

"the reporting person was granted 1,542 restricted stock units which vest"

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.

change of control financial

"the date on which a change of control occurs"

A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.

Annual Meeting of Stockholders regulatory

"the date of the next Annual Meeting of Stockholders of the Company"

common stock financial

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

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

What equity award did NetApp (NTAP) director June Yang receive in this Form 4?

June Yang was granted 1,542 restricted stock units on September 9, 2026. Each unit converts into one share of NetApp common stock, and Yang directly holds 1,542 underlying common shares after this award.

When do June Yang’s 1,542 RSUs reported for NTAP vest?

The 1,542 RSUs vest on the day immediately preceding the date of the next Annual Meeting of Stockholders following the September 9, 2026 grant, subject to June Yang’s continuous service on the Board through that date.

When will NetApp (NTAP) deliver the shares underlying June Yang’s RSUs?

Vested shares underlying the 1,542 RSUs will be delivered to June Yang on the earlier of: (i) the date she ceases service as a Board member or (ii) the date on which a change of control of NetApp occurs.

What is the conversion ratio of June Yang’s RSUs into NetApp (NTAP) common stock?

The filing states that the restricted stock units convert into NetApp common stock on a one-for-one basis, meaning each RSU will convert into one share of common stock upon settlement.

Was June Yang’s NTAP Form 4 transaction under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan (the box is unchecked). The award is reported as a grant of restricted stock units rather than an open-market trade under a trading plan.

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

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Available on EDGAR 09/10/2026 - 05:32 PM Accepted by SEC EDGAR 09/10/2026 - 05:32 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^*

Yang June

(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)
09/09/2026

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)	09/09/2026		A		1,542		(2)	(2)	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 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. Vested shares will be delivered to the reporting person on the earlier of: (i) the date the reporting person ceases service as a Board Member or (ii) the date on which a change of control occurs.

	/s/ Colin Lloyd, Attorney-in-Fact for June Yang	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)