NetApp director Kerr gets 1,542 RSU grant

NetApp, Inc. (NTAP) reported equity compensation and vesting activity for director Deborah Kerr.

Rhea-AI Filing Summary

NetApp, Inc. (NTAP) reported equity compensation and vesting activity for director Deborah Kerr. On September 9, 2026, she received a grant of 1,542 restricted stock units, which will vest on the day immediately preceding the date of the next Annual Meeting of Stockholders, subject to her continuous service on the Board.

On September 8, 2026, 2,307 restricted stock units that had been granted on September 10, 2025 vested and automatically converted into 2,307 common shares on a one-for-one basis. After this conversion, she held 27,360 common shares directly. No transactions are reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

2,307 shares exercised/converted

Exercise 3 txns

Insider KERR DEBORAH

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F3	1,542	--	--
Exercise	Restricted Stock Unit F1, F2	2,307	--	--
Exercise	Common Shares F1	2,307	--	--

Holdings After Transaction: Restricted Stock Unit — 1,542 contracts (Direct); Common Shares — 27,360 shares (Direct)

Footnotes (3)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. F2. On September 10, 2025, the reporting person was granted 2,307 restricted stock units, which vested on September 8, 2026, the day immediately preceding the date of the 2026 Annual Meeting of Stockholders.
3. F3. 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.

Key Figures

New restricted stock units granted: 1,542 units Vested restricted stock units converted: 2,307 units Common shares received from conversion: 2,307 shares +2 more

5 metrics

New restricted stock units granted 1,542 units Grant to director Deborah Kerr on September 9, 2026

Vested restricted stock units converted 2,307 units Restricted stock units granted September 10, 2025 that vested on September 8, 2026

Common shares received from conversion 2,307 shares One-for-one conversion of vested restricted stock units on September 8, 2026

Common shares held after transaction 27,360 shares Deborah Kerr’s direct NetApp common share holdings after September 8, 2026 conversion

Conversion ratio for restricted stock units 1.0 Each restricted stock unit converts into one NetApp common share

Key Terms

Restricted stock units, Annual Meeting of Stockholders, continuous service

3 terms

Restricted stock units financial

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

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Annual Meeting of Stockholders regulatory

"the day immediately preceding the date of the 2026 Annual Meeting of Stockholders."

continuous service other

"subject to the reporting person's continuous service on the Board through such date."

FAQ

What equity award did NetApp (NTAP) grant to director Deborah Kerr on September 9, 2026?

Deborah Kerr was granted 1,542 restricted stock units on September 9, 2026. These units vest on the day immediately preceding the date of the next Annual Meeting of Stockholders, subject to her continuous service on NetApp’s Board through that date.

What happened to Deborah Kerr’s prior NetApp (NTAP) restricted stock unit grant in September 2026?

On September 8, 2026, 2,307 restricted stock units granted to Deborah Kerr on September 10, 2025 vested and converted into 2,307 common shares of NetApp on a one-for-one basis, as disclosed in the Form 4 footnotes.

How many NetApp (NTAP) common shares did Deborah Kerr hold after the September 8, 2026 conversion?

Following the September 8, 2026 conversion of vested restricted stock units, Deborah Kerr directly held 27,360 NetApp common shares, according to the reported post-transaction holdings figure.

Do Deborah Kerr’s reported NetApp (NTAP) transactions involve a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for Deborah Kerr’s September 2026 equity grant and restricted stock unit conversion transactions.

How do Deborah Kerr’s NetApp (NTAP) restricted stock units convert into common stock?

NetApp discloses that restricted stock units convert into common stock on a one-for-one basis. In this filing, 2,307 vested restricted stock units converted into 2,307 NetApp common shares on September 8, 2026.

What conditions apply to Deborah Kerr’s new NetApp (NTAP) restricted stock unit grant?

The 1,542 restricted stock units granted on September 9, 2026 vest on the day immediately preceding the date of the next Annual Meeting of Stockholders, subject to Deborah Kerr’s continuous service on the NetApp Board through that date.

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Available on EDGAR 09/10/2026 - 05:15 PM Accepted by SEC EDGAR 09/10/2026 - 05:14 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^*

KERR DEBORAH

(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)
09/08/2026

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	09/08/2026		M		2,307	A	(1)	27,360	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
Restricted Stock Unit	(1)	09/08/2026		M			2,307	(2)	(2)	Common Shares	2,307	(1)	0	D
Restricted Stock Unit	(1)	09/09/2026		A		1,542		(3)	(3)	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 10, 2025, the reporting person was granted 2,307 restricted stock units, which vested on September 8, 2026, the day immediately preceding the date of the 2026 Annual Meeting of Stockholders.

3. 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.

	/s/ Colin Lloyd, Attorney-in-Fact for Deborah Kerr	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)