NetApp (NTAP) EVP sells 1,000 shares at $163.48 under 10b5-1 plan

Rhea-AI Filing Summary

NetApp, Inc. executive Elizabeth M. O'Callahan, EVP and Chief Administrative Officer, sold 1,000 common shares on June 10, 2026 in an open-market transaction at $163.48 per share. After this sale, she directly holds 32,297 shares of NetApp common stock.

The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 29, 2024, indicating it was scheduled in advance. A footnote also notes a separate purchase of 212 shares at $83.9545 per share under the NetApp Employee Stock Purchase Plan on May 29, 2026.

Insider Trade Summary 10b5-1

Net Seller: 1,000 shares ($163,480)

Net Sell 1 txn

Insider O'Callahan Elizabeth M

Role EVP, Chief Admin. Officer

Sold 1,000 shs ($163K)

Type	Security	Shares	Price	Value
Sale	Common Shares	1,000	$163.48	$163K

Holdings After Transaction: Common Shares — 32,297 shares (Direct, null)

Footnotes (1)

1. The Transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2024. Reflects 212 shares purchased at $83.9545 per share under the NetApp Employee Stock Purchase Plan on May 29, 2026.

Key Figures

Shares sold: 1,000 shares Sale price: $163.48 per share Shares held after: 32,297 shares +2 more

5 metrics

Shares sold 1,000 shares Open-market sale on June 10, 2026

Sale price $163.48 per share Price for 1,000 sold shares

Shares held after 32,297 shares Direct ownership following the transaction

ESPP purchase shares 212 shares Purchased at $83.9545 under ESPP on May 29, 2026

ESPP purchase price $83.9545 per share NetApp Employee Stock Purchase Plan

Key Terms

Rule 10b5-1 trading plan, NetApp Employee Stock Purchase Plan, open-market sale

3 terms

Rule 10b5-1 trading plan regulatory

"The Transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"

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.

NetApp Employee Stock Purchase Plan financial

"Reflects 212 shares purchased at $83.9545 per share under the NetApp Employee Stock Purchase Plan"

open-market sale financial

"transaction_action": "open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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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).

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Admin. Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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	06/10/2026		S(1)		1,000	D	$163.48	32,297(2)	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. The Transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2024.

2. Reflects 212 shares purchased at $83.9545 per share under the NetApp Employee Stock Purchase Plan on May 29, 2026.

	/s/ Colin Lloyd, Attorney-in-Fact for Elizabeth M O'Callahan	06/12/2026
	** 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 did NetApp (NTAP) executive Elizabeth O'Callahan report in this Form 4?

Elizabeth M. O'Callahan reported selling 1,000 NetApp common shares on June 10, 2026 at $163.48 per share. After this open-market sale, she directly owns 32,297 NetApp shares, according to the Form 4 disclosure.

Was the NetApp (NTAP) insider sale by Elizabeth O'Callahan pre-planned?

Yes. The Form 4 states the transaction was effected under a Rule 10b5-1 trading plan adopted on November 29, 2024. Such plans schedule trades in advance, which can make the timing less indicative of the insider’s short-term market view.

How many NetApp (NTAP) shares does Elizabeth O'Callahan hold after the reported sale?

After selling 1,000 shares, Elizabeth O'Callahan directly holds 32,297 NetApp common shares. This figure, reported in the Form 4, shows she retains a sizeable ongoing equity position in the company following the transaction.

At what price did Elizabeth O'Callahan sell her NetApp (NTAP) shares?

She sold 1,000 NetApp common shares at $163.48 per share in an open-market transaction on June 10, 2026. The reported price represents the weighted average or specific sale price disclosed in the Form 4.

Does the NetApp (NTAP) Form 4 mention any recent share purchases by Elizabeth O'Callahan?

A footnote notes that 212 shares were purchased at $83.9545 per share under the NetApp Employee Stock Purchase Plan on May 29, 2026. This ESPP purchase is separate from the 1,000-share open-market sale reported.

What role does Elizabeth O'Callahan hold at NetApp (NTAP)?

Elizabeth M. O'Callahan is reported as an officer of NetApp, serving as Executive Vice President and Chief Administrative Officer. Her role and title are specified in the Form 4 insider trading disclosure.