NetApp CEO George Kurian Files Form 144 to Sell $2.6M in Common Stock

Executive Summary

On September 21, 2026, George Kurian, Chief Executive Officer and Director of NetApp, Inc. ($NTAP), submitted a Form 144 filing declaring the intention to sell 13,000 shares of NetApp Common Stock through Morgan Stanley Smith Barney LLC. The transaction has an aggregate market value of approximately $2.60 million (implied price of ~$200.01 per share).

Key Transaction Details

• Filer: George Kurian (Officer and Director / CEO)
• Number of Shares: 13,000
• Aggregate Market Value: $2,600,161.20
• Approximate Sale Date: September 21, 2026
• Securities Acquired: May 16, 2024 via Performance Shares from the issuer
• Trading Plan: Adopted under Rule 10b5-1 on June 15, 2026
• Recent Activity: Filer reported a prior sale of 40,000 shares on September 14, 2026, for gross proceeds of $7,656,847.50

Market Impact & Context

The proposed sale of 13,000 shares represents a minor portion of the 196,419,005 shares outstanding. Because the filing is executed pursuant to a pre-scheduled Rule 10b5-1 plan established in June 2026, it represents structured liquidity and compensation realization rather than an ad-hoc discretionary trade based on near-term operational shifts.