NetApp Director Deepak Ahuja Receives Annual Equity Grant of 1,542 RSUs
NetApp, Inc.
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Filing Summary
📋 Form 4 Filing: NetApp, Inc. ($NTAP) Insider: Deepak Ahuja (Director) Transaction: Grant of 1,542 Restricted Stock Units (RSUs) Transaction Date: September 9, 2026 Price: $0.00 (Award) Post-Transaction Holdings: 1,542 RSUs Significance: Low (Routine Annual Director Equity Award)
Comprehensive Analysis
Executive Summary
On September 10, 2026, NetApp, Inc. ($NTAP) filed a Form 4 disclosing an equity award granted to Board Director Deepak Ahuja. The transaction occurred on September 9, 2026, involving the acquisition of 1,542 Restricted Stock Units (RSUs).
Transaction Details
- Security: Restricted Stock Units
- Transaction Code:
A(Grant/Award) - Shares Granted: 1,542
- Conversion Ratio: 1 RSU converts to 1 share of common stock upon vesting
- Vesting Schedule: Units vest on the day immediately preceding the date of the next Annual Meeting of Stockholders, subject to continuous Board service.
- Direct/Indirect Ownership: Direct (
D) - RSU Holdings Following Grant: 1,542
Insider & Governance Context
Deepak Ahuja serves as an independent director on NetApp's Board. This grant represents standard, scheduled equity compensation for non-employee directors following NetApp's annual governance cycle.
Trading Significance
Assessment: Low This filing represents an automatic/routine board equity compensation grant rather than an open-market purchase or sale. It does not reflect discretionary capital allocation or directional sentiment by the insider.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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