NetApp EVP Sells $237K in Common Stock Under Rule 10b5-1 Plan
NetApp, Inc.
Subscribe to track NTAP
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
{
"title": "Insider Transaction: NetApp, Inc. (NTAP)",
"color": 15158332,
"fields": [
{
"name": "Insider",
"value": "Elizabeth M O'Callahan (EVP, Chief Admin. Officer)",
"inline": true
},
{
"name": "Transaction",
"value": "Sold 1,000 shares @ $237.42",
"inline": true
},
{
"name": "Total Value",
"value": "$237,420.00",
"inline": true
},
{
"name": "Remaining Direct Holdings",
"value": "29,737 shares",
"inline": true
},
{
"name": "Details",
"value": "Rule 10b5-1 Trading Plan (Adopted Dec 22, 2025)",
"inline": false
}
],
"footer": {
"text": "Filing Date: 2026-10-14 | Accession: 0001193125-26-421729"
}
}
Comprehensive Analysis
Executive Summary
On October 14, 2026, NetApp, Inc. ($NTAP) filed a Form 4 detailing an open-market sale of common shares by EVP and Chief Administrative Officer Elizabeth M. O'Callahan. On October 12, 2026, the reporting owner sold 1,000 shares of Common Stock at an execution price of $237.42 per share, realizing total gross proceeds of approximately $237,420.
Transaction Details
- Insider: Elizabeth M. O'Callahan
- Role: Executive Vice President, Chief Administrative Officer
- Transaction Type: Open Market Sale (Code
S) - Shares Sold: 1,000 shares
- Execution Price: $237.42 per share
- Gross Transaction Value: $237,420.00
- Ownership Post-Transaction: 29,737 shares held directly
- Plan Details: The transaction was executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on December 22, 2025.
Context & Significance
The transaction is evaluated as having Low trading significance. The sale represents approximately 3.25% of O'Callahan's directly held stake, leaving her with 29,737 shares. Furthermore, the disposition was executed under a Rule 10b5-1 trading arrangement established nearly 10 months prior, reflecting routine liquidity and diversification rather than a discretionary market-timing trade.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.