NetApp (NTAP) CFO awarded 13,859 restricted stock units as equity grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

NetApp, Inc. reported that EVP and CFO Wissam G. Jabre received a grant of 13,859 restricted stock units on July 1, 2026. These RSUs convert into common stock on a one-for-one basis. Following the grant, he holds 13,859 RSUs directly.

The award is scheduled to vest as to 1/8 (12.5%) of the shares on October 15, 2026, with 1/16 (6.25%) of the shares vesting quarterly thereafter for a total of 45 months, subject to his continued service on each vesting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider JABRE WISSAM G

Role EVP, CFO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	13,859	$0.00	--

Holdings After Transaction: Restricted Stock Unit — 13,859 shares (Direct, null)

Footnotes (1)

Restricted stock units convert into common stock on a one-for-one basis. On July 1, 2026, the reporting person was granted 13,859 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: 13,859 units Initial vesting tranche: 12.5% of shares Ongoing vesting rate: 6.25% quarterly +2 more

5 metrics

RSUs granted 13,859 units Awarded on July 1, 2026 to EVP, CFO Wissam G. Jabre

Initial vesting tranche 12.5% of shares 1/8 of RSUs vest on October 15, 2026

Ongoing vesting rate 6.25% quarterly 1/16 of RSUs vest quarterly thereafter over 45 months

Post-grant RSU holdings 13,859 units Total restricted stock units held after the reported transaction

Conversion ratio 1 RSU = 1 share Restricted stock units convert into common stock on a one-for-one basis

Key Terms

Restricted Stock Unit, vest, grant

3 terms

Restricted Stock Unit financial

"Restricted Stock Unit awards shall vest as to 1/8th (12.5%) of the shares"

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

"awards shall vest as to 1/8th (12.5%) of the shares October 15, 2026"

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.

grant financial

"the reporting person was granted 13,859 restricted stock units"

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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

FAQ

What insider transaction did NetApp (NTAP) report for EVP and CFO Wissam G. Jabre?

NetApp reported that EVP and CFO Wissam G. Jabre received a grant of 13,859 restricted stock units. These RSUs are a share-based compensation award that will convert into an equal number of NetApp common shares as they vest over time.

How many restricted stock units were granted to NetApp (NTAP) CFO Wissam G. Jabre?

Wissam G. Jabre was granted 13,859 restricted stock units. Each RSU represents the right to receive one NetApp common share, providing equity-based compensation that aligns his interests with shareholders as the award vests over the specified schedule.

What is the vesting schedule for the 13,859 RSUs granted by NetApp (NTAP)?

The 13,859 RSUs vest as to 1/8 (12.5%) of the shares on October 15, 2026, then 1/16 (6.25%) of the shares quarterly thereafter for a total of 45 months, contingent on Wissam G. Jabre’s continued service at each vesting date.

Do the NetApp (NTAP) RSUs for Wissam G. Jabre convert into common shares?

Yes. The filing states the restricted stock units convert into NetApp common stock on a one-for-one basis. This means each vested RSU becomes one common share, giving the executive direct equity ownership as vesting occurs over time.

How many NetApp (NTAP) restricted stock units does Wissam G. Jabre hold after this grant?

After the July 1, 2026 grant, Wissam G. Jabre holds 13,859 restricted stock units directly. This total reflects the newly awarded RSUs and will translate into the same number of common shares as portions of the award vest in the future.

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^*

JABRE WISSAM G

(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, CFO

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	07/01/2026		A		13,859		⁽²⁾	⁽²⁾	Common Shares	13,859	⁽¹⁾	13,859	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 13,859 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 Wissam Jabre	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)

Source: View Original Filing on SEC EDGAR