NetApp CFO Wissam Jabre Reports Routine RSU Vest and Tax Withholding
NetApp Inc
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Filing Summary
📋 Form 4 Filing: NetApp, Inc. ($NTAP) Insider: Wissam G. Jabre (EVP, CFO) Date of Transaction: 2026-10-15 Activity: Tax Withholding (Code F) & RSU Vesting Shares Withheld: 874 @ $222.20 ($194,202.80) Shares Acquired: 1,732 (RSU conversion) Direct Shares Remaining: 39,468 Significance: Low (Routine equity vesting and tax withholding)
Comprehensive Analysis
Executive Summary
On October 19, 2026, NetApp, Inc. ($NTAP) filed a Form 4 on behalf of Executive Vice President and Chief Financial Officer Wissam G. Jabre. The filing reports the vesting of 1,732 Restricted Stock Units (RSUs) on October 15, 2026, and the subsequent surrender of 874 common shares at a price of $222.20 per share ($194,202.80 total value) to satisfy tax withholding obligations.
Transaction Details
- RSU Conversion (Code M): 1,732 shares of common stock were acquired at $0 per share upon the vesting of restricted stock units.
- Tax Withholding (Code F): 874 shares were disposed of at $222.20 per share to satisfy statutory tax obligations.
- Post-Transaction Holdings: Following these transactions, Mr. Jabre directly holds 39,468 common shares and 12,127 unvested RSUs.
Market & Trading Significance
This transaction carries Low trading significance. The reported disposition was executed solely to cover withholding tax liabilities arising from scheduled equity compensation vesting. There was no open-market buying or selling activity.
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