Insider trade

Officer sold ~$26K of NTAP shares in the open market

Traded Feb 17, 2026 · Filed Feb 20, 2026

NetAppNTAP

~$26K
Reported value · 252 sh @ $101.84: +112.8%
stock since the trade · S&P 500 +11.9%, $101.07 → $215.05 on Oct 1

Why it stands out

NetApp's VP, Controller & CAO sold $26K 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: Feb 17, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 20, 2026

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$25,664

Shares × reported transaction price

Timing vs results

84 days after results of Nov 25, 2025, 9 days before results of Feb 26, 2026

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 $101.07 on Feb 17, 2026, 33% above its 52-week low and 20% below its high, after a 5% drop over the previous 30 trading days

52-week range $76.10 (Apr 4, 2025) to $126.36 (Sep 18, 2025), 50% of the way up, from 251 adjusted closes. 30 trading days earlier: $106.47 on Jan 2, 2026. 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	-3.4%	-0.5%	-2.9%
30 days	-1.1%	-4.9%	+3.8%
90 days	+20.9%	+7.7%	+13.2%
180 days	+89.8%	+11.6%	+78.2%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-059503
Filed / recorded: Feb 20, 2026, 2:30 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: Feb 17, 2026
Transaction code: S
Shares / units: 252
Price per share: $101.84
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 ~$101K of NetApp

Scheduled in advance7mo ago

7mo ago

Congress trade

$1,001 - $15,000Reported range · official band, not an exact amount

Held by the filer's joint per the disclosure. Disclosed 7 days after the transaction; reported as an official range, not an exact amount.

Why it stands out Official record

8mo ago

1,999Derivative units

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

Why it stands out Official record