NetApp Director Gerald Held Files Form 144 to Sell $1.22M in Common Stock

Summary of Proposed Transaction

NetApp, Inc. Director Gerald D. Held has filed a Form 144 notice disclosing the intended sale of 5,757 shares of NetApp Common Stock through Morgan Stanley Smith Barney LLC, with an aggregate estimated market value of $1,220,484.00 (~$212.00 per share).

Key Transaction Highlights

• Filer: Gerald D. Held, Director
• Volume: 5,757 shares
• Total Value: $1,220,484.00
• Approximate Sale Date: October 1, 2026
• Nature of Acquisition: Restricted stock grants received from the issuer on September 12, 2023 (3,450 shares) and September 8, 2026 (2,307 shares).
• Prior 3-Month Activity: No prior sales reported in the preceding three months.

Market Impact & Significance

The trading significance is assessed as Low. The proposed disposition represents a minuscule portion of NetApp's 196.4 million shares outstanding (<0.003%) and reflects standard diversification of vested equity awards by an independent director.