NetApp, Inc. SEC Filings

NetApp director Paul Fipps reported a new equity award in the form of restricted stock units. On January 14, 2026, he was granted 2,646 restricted stock units at a price of $0.00 per unit, held as a direct ownership position. These units convert into common stock on a one-for-one basis.

The 2,646 restricted stock units will vest on the day immediately before the next Annual Stockholders Meeting following the grant date, as long as Fipps continues to serve on NetApp’s board through that date. After this grant, he beneficially owns 2,646 derivative securities tied to NetApp common shares.

NetApp, Inc. director Paul Fipps filed an initial statement of beneficial ownership of securities (Form 3) as of 01/12/2026. The filing states that no securities are beneficially owned, meaning he reports holding no NetApp stock or derivative securities at this time in either direct or indirect form. This is an administrative disclosure that establishes his starting ownership position as a director of the company.

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.

NetApp, Inc. reported that its Board of Directors increased the number of authorized directors from nine to ten and appointed Paul Fipps to fill the new board seat, effective January 8, 2026. The company states there are no arrangements, understandings, family relationships, or related party transactions involving Mr. Fipps that require disclosure. As a non-employee director, he will participate in NetApp’s standard non-employee director compensation program and is expected to enter into the company’s customary director indemnification agreement. NetApp also issued a press release about his appointment, which is included as Exhibit 99.1.

NetApp insider trading notice: A Form 144 reports that Elizabeth O'Callahan plans to sell 1,000 shares of NetApp common stock through Morgan Stanley Smith Barney LLC on or around 01/12/2026 on the NASDAQ market. The planned sale has an aggregate market value of $105,490.00, with 198,060,348 NetApp common shares listed as outstanding.

The 1,000 shares to be sold were acquired as restricted stock from the issuer on 08/15/2024, in a transaction marked as “Not Applicable” for non-cash consideration details. Over the past three months, the same seller reported two prior sales of NetApp common stock: 1,000 shares on 11/10/2025 for gross proceeds of $114,290.00, and 1,000 shares on 12/10/2025 for gross proceeds of $117,370.00.

NetApp, Inc. filed a Form S-8 to register an additional 9,000,000 shares of common stock for its employee benefit programs. This includes 4,000,000 shares issuable under the NetApp, Inc. Employee Stock Purchase Plan and 5,000,000 shares issuable under the NetApp, Inc. 2021 Equity Incentive Plan. These shares are of the same class as securities previously registered on earlier Form S-8 filings, whose contents are incorporated by reference. The filing also updates the list of incorporated reports and attaches opinions, consents, and the amended plan documents as exhibits.

NetApp, Inc. reported modest growth for the quarter ended October 24, 2025. Net revenues rose to $1.705 billion from $1.658 billion a year earlier, while quarterly net income increased to $305 million from $299 million. Diluted EPS improved to $1.51 from $1.42 as share count declined.

For the first six months, net revenues were $3.264 billion versus $3.199 billion, but net income eased to $538 million from $547 million. Gross margin stayed strong at about 71%, supported by both Hybrid Cloud and higher-margin Public Cloud, which generated $171 million of quarterly revenue.

NetApp generated $800 million of operating cash flow in six months, up from $446 million, and ended the quarter with $3.014 billion in cash, cash equivalents and short-term investments. The company repaid $750 million of maturing notes, repurchased 5.2 million shares for $550 million, and paid $207 million in dividends, while authorizing further buybacks and declaring a new $0.52 per-share dividend.

NetApp, Inc. (NTAP) filed a current report announcing that it has released financial results for the second quarter of its fiscal year 2026, which ended on October 24, 2025. The company issued a press release on November 25, 2025 detailing these results, and that release is included as Exhibit 99.1.

The company notes that the press release and related conference call use non-GAAP financial measures, and a reconciliation to comparable GAAP figures is provided in the press release. The information in this report and its exhibits is being furnished rather than filed, which limits its use for certain legal liability purposes under U.S. securities laws.

NetApp, Inc. (NTAP) reported an insider transaction by its VP, Controller & CAO, Daniel De Lorenzo, on a Form 4. On 11/17/2025, he sold 327 shares of NetApp common stock at a price of $107.48 per share, reported with transaction code "S." Following this sale, the filing shows that he beneficially owned 0 shares directly. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025.