Insider trade

Officer sold ~$35K of NTAP shares in the open market

Traded Nov 17, 2025 · Filed Nov 20, 2025

NetAppNTAP

~$35K
Reported value · 327 sh @ $107.48: +101.4%
stock since the trade · S&P 500 +14.8%, $106.80 → $215.05 on Oct 1

Why it stands out

NetApp's VP, Controller & CAO sold $35K of NetApp shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 17, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 20, 2025

Officer$25K–$100KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$35,146

Shares × reported transaction price

Timing vs results

82 days after results of Aug 27, 2025, 8 days before results of Nov 25, 2025

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $106.80 on Nov 17, 2025, 40% above its 52-week low and 19% below its high, after an 11% drop over the previous 30 trading days

52-week range $76.10 (Apr 4, 2025) to $131.11 (Dec 6, 2024), 56% of the way up, from 250 adjusted closes. 30 trading days earlier: $120.42 on Oct 6, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+8.1%	+4.7%	+3.3%
30 days	+7.4%	+5.0%	+2.5%
90 days	-1.9%	+5.2%	-7.0%
180 days	+16.8%	+12.4%	+4.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-25-288125
Filed / recorded: Nov 20, 2025, 2:16 AM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: NetApp, Inc.
Issuer CIK: 1002047
Ticker: NTAP
Reporting person: Lorenzo Daniel De
Relationship: Officer
Officer title: VP, Controller & CAO
Security: Common Shares
Table: Non-derivative (Table I)
Transaction date: Nov 17, 2025
Transaction code: S
Shares / units: 327
Price per share: $107.48
Acquired / disposed: Disposed (D)
Shares owned after: 0
Ownership form: Direct
Amendment: No

Footnotes from the filing

The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 26, 2025.

Around the same time

Officer sold ~$117K of NetApp

Scheduled in advance10mo ago

Officer sold ~$3.6K of NetApp

Scheduled in advance10mo ago

11mo ago

500Shares

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record