NetApp Director Anders Gustafsson Acquires Shares via RSU Vesting and Receives Annual Equity Grant
NetApp, Inc.
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Filing Summary
NetApp, Inc. ($NTAP) Form 4 Filing Summary • Insider: Anders Gustafsson (Director) • Transaction Date: September 8–9, 2026 • Transaction: Non-derivative acquisition of 2,307 shares via RSU conversion (Code M) + grant of 1,542 RSUs (Code A) • Price: $0.00 • Direct Ownership After: 13,756 Common Shares • Significance: Low (Routine Director Compensation & Vesting)
Comprehensive Analysis
Executive Summary
On September 10, 2026, NetApp, Inc. ($NTAP) filed a Form 4 for Board Director Anders Gustafsson reflecting routine equity compensation events:
- RSU Vesting (September 8, 2026): Conversion of 2,307 Restricted Stock Units into 2,307 Common Shares at $0.00 per share.
- Annual Board Grant (September 9, 2026): Award of 1,542 Restricted Stock Units scheduled to vest prior to the next annual meeting of stockholders.
Following these transactions, Director Gustafsson directly holds 13,756 Common Shares and 1,542 unvested RSUs.
Transaction Details
- Security: Common Shares
- Conversion / Acquired: 2,307 shares (Table I, Code M)
- New Equity Grant: 1,542 RSUs (Table II, Code A)
- Shares Owned Post-Transaction: 13,756 direct common shares
- Ownership Nature: Direct (D)
Market & Governance Context
These transactions represent standard annual board compensation cycles rather than discretionary open-market buying or selling. As such, the trading significance is categorized as Low.
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