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NetApp (NASDAQ: NTAP) EVP O'Callahan sells 1,000 shares under plan

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

Rhea-AI Filing Summary

NetApp EVP and Chief Administrative Officer Elizabeth M. O'Callahan reported a planned sale of company stock. On 01/12/2026, she sold 1,000 NetApp common shares at a price of $105.49 per share in an open-market transaction.

The filing notes that this sale was made under a Rule 10b5-1 trading plan that she adopted on November 29, 2024, which is designed to pre-arrange trades. After this transaction, she beneficially owned 21,075 NetApp common shares directly.

Positive

  • None.

Negative

  • None.
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 CA 95128

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/12/2026 S(1) 1,000 D $105.49 21,075 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.
/s/ Bryan Tham, Attorney-in-Fact for Elizabeth M O'Callahan 01/14/2026
** 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.

FAQ

What insider transaction did NetApp (NTAP) report in this Form 4?

NetApp reported that EVP and Chief Administrative Officer Elizabeth M. O'Callahan sold 1,000 common shares of NetApp on 01/12/2026.

At what price were the NetApp (NTAP) shares sold by Elizabeth O'Callahan?

Elizabeth M. O'Callahan sold 1,000 NetApp common shares at a price of $105.49 per share.

How many NetApp (NTAP) shares does Elizabeth O'Callahan own after this transaction?

Following the reported sale, Elizabeth M. O'Callahan beneficially owned 21,075 NetApp common shares directly.

Was the NetApp (NTAP) insider sale made under a Rule 10b5-1 trading plan?

Yes. The filing states that the transaction was effected under a Rule 10b5-1 trading plan adopted by Elizabeth M. O'Callahan on November 29, 2024.

What is Elizabeth O'Callahan’s role at NetApp (NTAP)?

Elizabeth M. O'Callahan is an officer of NetApp, serving as EVP, Chief Administrative Officer.

Is this NetApp (NTAP) Form 4 filed by one or multiple reporting persons?

This Form 4 is indicated as being filed by one reporting person, Elizabeth M. O'Callahan.

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