NetApp Director Deepak Ahuja Files Form 144 to Sell $690K in Common Stock
NetApp, Inc.
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Filing Summary
NetApp, Inc. ($NTAP) - Form 144 Notice of Proposed Sale: • Insider: Deepak Ahuja (Director) • Proposed Sale: 3,450 shares (~$690,000) • Approximate Sale Date: 09/21/2026 • Trading Plan: Rule 10b5-1 adopted on 06/15/2026
Comprehensive Analysis
NetApp, Inc. ($NTAP) Form 144 Overview
Insider: Deepak Ahuja (Director)
Filing Date: September 21, 2026
Proposed Sale Date: September 21, 2026
Transaction Summary
- Security: Common Stock
- Proposed Volume: 3,450 shares
- Estimated Aggregate Market Value: $690,000.00
- Implied Share Price: ~$200.00
- Broker: Morgan Stanley Smith Barney LLC
Acquisition & Plan Details
- Acquisition Origin: The shares were acquired via restricted stock from the issuer on September 12, 2023.
- Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on June 15, 2026.
- Recent Prior Activity: The insider reported a prior sale of 3,526 shares on September 14, 2026, generating gross proceeds of $684,185.04.
Significance
Trading significance is rated Low given the routine nature of scheduled sales under a pre-established Rule 10b5-1 plan and the relatively minor volume compared to NetApp's 196.4 million shares outstanding.
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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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