NetApp Director Carrie Palin Acquires Shares via RSU Vesting and Receives Annual Equity Grant
NetApp, Inc.
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Filing Summary
📊 Form 4 Filing: NetApp, Inc. ($NTAP) Insider: Carrie Palin (Director) Transaction Date: September 8, 2026 Action: RSU Vesting / Grant (Code M & A) Shares Acquired: 2,307 Common Shares (vesting) + 1,542 RSUs (annual grant) Shares Owned After: 11,660 Common Shares Significance: Low (Routine Director Compensation)
Comprehensive Analysis
Executive Summary
On September 10, 2026, NetApp, Inc. ($NTAP) filed a Form 4 for Director Carrie Palin detailing routine director equity compensation transactions:
- RSU Vesting (September 8, 2026): Settlement of 2,307 Restricted Stock Units into Common Shares at no cash cost upon vesting immediately prior to the 2026 Annual Meeting of Stockholders.
- Annual Equity Grant (September 9, 2026): Award of 1,542 Restricted Stock Units scheduled to vest on the day preceding the 2027 Annual Meeting of Stockholders.
Impact on Ownership
Following these transactions, Carrie Palin directly holds 11,660 Common Shares and 1,542 unvested RSUs of NetApp, Inc.
Trading Assessment
- Significance Level: Low
- Rationale: These transactions reflect standard annual director compensation vesting and grant activity. No open-market purchases or sales were executed.
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Important Disclaimer
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