NetApp Director Deepak Ahuja Files Form 144 to Sell $684K in Common Stock

NetApp, Inc. (NTAP) Form 144 Analysis

Executive Summary

Director Deepak Ahuja filed a Form 144 notice proposing the sale of 3,526 shares of NetApp, Inc. common stock with an aggregate market value of $684,185.04 (approximately $194.04 per share). The planned sale is being executed through Morgan Stanley Smith Barney LLC on or around September 14, 2026.

Transaction Breakdown

• Filer: Deepak Ahuja (Director)
• Securities: 3,526 shares of Common Stock originally acquired via restricted stock vesting on September 10, 2024.
• Aggregate Market Value: $684,185.04
• Trading Plan: Executed pursuant to a Rule 10b5-1 trading plan adopted on June 15, 2026.
• Past Sales: Filer reported no other securities sold during the past three months.

Market & Trading Impact

With 196,419,005 shares outstanding, the proposed sale of 3,526 shares represents an immaterial fraction (<0.01%) of total outstanding equity. Because the transaction is pre-scheduled under a Rule 10b5-1 trading plan, it represents routine portfolio management rather than a discretionary sentiment-driven trade. Market impact is expected to be negligible.