NetApp Officer Elizabeth O'Callahan Files Form 144 to Sell 1,000 Shares
NetApp, Inc.
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Filing Summary
NetApp Officer Elizabeth O'Callahan filed a Form 144 notice of proposed sale covering 1,000 common shares valued at approximately $237,420, executed under a Rule 10b5-1 plan adopted on December 22, 2025.
Comprehensive Analysis
Overview
On October 13, 2026, Elizabeth O'Callahan, an Officer at NetApp, Inc., filed Form 144 with the SEC disclosing the proposed sale of 1,000 shares of common stock with an estimated aggregate market value of $237,420.00.
Transaction Details
- Filing Date: October 13, 2026
- Approximate Sale Date: October 12, 2026
- Securities to be Sold: 1,000 Common shares
- Aggregate Market Value: $237,420.00 (~$237.42 per share)
- Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
- Source of Shares:
- 439 shares acquired via Restricted Stock on May 15, 2025
- 561 shares acquired via Performance Shares on May 16, 2025
- Rule 10b5-1 Plan Adoption Date: December 22, 2025
Past 3 Months Selling Activity
Elizabeth O'Callahan previously executed two sales of 1,000 shares each:
- September 10, 2026: 1,000 shares for gross proceeds of $184,740.00
- August 10, 2026: 1,000 shares for gross proceeds of $193,820.00
Significance & Market Impact
The filing reflects routine, scheduled selling activity under a pre-established Rule 10b5-1 trading plan. Given the small transaction volume (1,000 shares against 196,419,005 outstanding shares) and the recurring monthly pattern, the trading significance is Low.
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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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
