NetApp CEO & Director Files Form 144 to Sell $7.4M in Common Stock
NetApp, Inc.
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Filing Summary
NetApp, Inc. ($NTAP) Form 144 Notice of Proposed Sale: • Insider: GEORGE KURIAN (Officer, Director) • Proposed Sale: 37,000 shares ($7,398,150.00 estimated value) • Broker: Morgan Stanley Smith Barney LLC • Approximate Sale Date: 09/24/2026 • Rule 10b5-1 Plan Adopted: 06/15/2026
Comprehensive Analysis
NetApp, Inc. (NTAP) Form 144 Filing Overview
George Kurian, Officer and Director of NetApp, Inc., has filed a Form 144 announcing a notice of proposed sale of 37,000 shares of Common Stock, representing an aggregate market value of approximately $7,398,150.00 (implying a price per share of ~$199.95).
Key Details:
- Filing Date: September 24, 2026
- Approximate Date of Sale: September 24, 2026
- Securities Acquired: 37,000 shares originally acquired via Performance Shares from the issuer on May 16, 2024.
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
- Trading Plan: The proposed sale is executed pursuant to a Rule 10b5-1 trading plan adopted on June 15, 2026.
Past 3 Months Selling Activity:
- September 21, 2026: Sold 13,000 shares for gross proceeds of $2,600,161.20.
- September 14, 2026: Sold 40,000 shares for gross proceeds of $7,656,847.50.
Total sales over the past two weeks, including the proposed sale, amount to 90,000 shares valued at over $17.65M under the adopted 10b5-1 plan.
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