Netapp Inc SEC Filings

Gerald Held, a director of NetApp, Inc. (NTAP), was granted 2,307 restricted stock units (RSUs) on 09/10/2025. The RSUs convert into common shares on a one-for-one basis and, per the filing, vest on the day immediately preceding the next Annual Meeting of Stockholders following the grant date, subject to Held's continuous service on the Board through that date. Following the reported transaction the filing shows 2,307 common shares beneficially owned. The Form 4 was signed by Bryan Tham as attorney-in-fact and dated 09/11/2025.

Scott F. Schenkel, a director of NetApp, Inc. (NTAP), received 2,377 shares from vested restricted stock units on 09/09/2025. The RSUs were originally granted on 09/11/2024 and converted one-for-one into common shares when they vested immediately before the 2025 Annual Meeting. After the reported transaction, the reporting person beneficially owned 30,509 common shares. The Form 4 was signed by an attorney-in-fact, Bryan Tham, on 09/11/2025. The filing indicates this was a routine vesting event for an insider who is a director.

Deborah Kerr, a director of NetApp, Inc. (NTAP), reported stock-based transactions on Form 4 that increased her direct holdings. Restricted stock units converted into 2,377 common shares on September 9, 2025, and a separate grant of 2,307 restricted stock units was recorded on September 10, 2025 that vests at the next annual meeting subject to continued board service. After the vested conversion, the filing shows the reporting person beneficially owned 25,053 common shares. The form was signed by an attorney-in-fact on behalf of Ms. Kerr on September 11, 2025.

NetApp director Deepak Ahuja received a grant of 2,307 restricted stock units (RSUs) on 09/10/2025. Each RSU converts one-for-one into NetApp common shares. The RSUs vest only if Mr. Ahuja continues board service through the day before the next Annual Meeting following the grant and will be delivered on the earlier of January 1, 2028, termination of board service, or a change of control. After the grant, the filing reports beneficial ownership of 2,307 common shares attributable to these RSUs. The filing was signed by an attorney-in-fact on behalf of the reporting person.

NetApp, Inc. insider stock sale notice under Rule 144: The filing reports a proposed sale of 1,000 restricted shares of common stock through Morgan Stanley Smith Barney with an aggregate market value of $123,670, against 199,618,386 shares outstanding, and an approximate sale date of 09/10/2025. The shares were originally acquired from the issuer as restricted stock on 05/15/2024. The filer also reported two recent sales during the past three months: 1,000 shares sold on 08/11/2025 for $105,900 and 1,000 shares sold on 07/10/2025 for $106,840. The notice includes the seller’s representation that no material nonpublic information is known to the seller. This form documents intended insider sales rather than company financial performance.

NetApp director T. Michael Nevens reported a transaction on 08/29/2025 that removed 1,530 shares of NetApp common stock from his holdings through a gift (charitable contribution). Following that transaction he is shown as beneficially owning 7,747 shares indirectly through The Nevens Family 1997 Trust. The disposition was recorded with transaction code G(1), indicating a gift, and the reported price is $0, consistent with a donation rather than a sale. The filing shows the reporting person as a director and the Form 4 was filed by one reporting person. No derivative transactions or other material changes in ownership were reported.

NetApp (NTAP) disclosures show several balance sheet and working-capital movements in the early fiscal 2026 quarter. Accounts receivable declined by $466 million, which the company attributes to lower billings and more favorable invoicing linearity versus the prior quarter. Accrued expenses fell by $240 million, driven primarily by employee compensation payments related to the fiscal 2025 incentive compensation plan accrual. Accounts payable decreased by $107 million, reflecting lower purchases and timing of supplier payments.

The filing also cites receivable amounts of $10 million and $19 million for the three months ended July 25, 2025 and July 26, 2024, respectively, and references amortization of intangible assets shown as "1 3 million" and "1 8 million" in the provided text. Share counts are reported as 885 shares authorized and 200 and 201 shares issued and outstanding as of July 25, 2025 and April 25, 2025, respectively. The text contains some formatting irregularities and fragmented figures.

NetApp insider sale recorded. Director and CEO George Kurian sold 8,500 common shares on 08/18/2025 under a pre-existing Rule 10b5-1 trading plan adopted 12/19/2023. The weighted average sale price reported is $108.85, with actual prices ranging from $108.48 to $109.21. After the dispositions Kurian beneficially owned 283,688 shares. The Form 4 was signed on behalf of Kurian by an attorney-in-fact, Bryan Tham.