Insider trade

Officer sold ~$38K of NTAP shares in the open market

Traded Jun 1, 2026 · Filed Jun 4, 2026

NetAppNTAP

~$38K
Reported value · 225 sh @ $171.09: 1,090
Holds after · shares reported: +19.7%
stock since the trade · S&P 500 +0.7%, $179.70 → $215.05 on Oct 1

Why it stands out

NetApp's VP, Controller & CAO sold $38K 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: Jun 1, 2026
Reporting period: Not applicable
Filed with the SEC: Jun 4, 2026

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$38,495

Shares × reported transaction price

Timing vs results

4 days after results of May 28, 2026, 93 days before results of Sep 2, 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 $179.70 on Jun 1, 2026, at its 52-week high, after a 72% rise over the previous 30 trading days

52-week range $94.11 (Jan 20, 2026) to $179.70 (Jun 1, 2026), 100% of the way up, from 251 adjusted closes. 30 trading days earlier: $104.53 on Apr 17, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 77 workers was filed in California on May 20, 2026.

From the official state WARN list, 12 days before the trade. Shown for timing only; the two filings are separate

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	-10.3%	-2.5%	-7.7%
30 days	-8.6%	-0.8%	-7.8%
90 days	+1.1%	+1.1%	-0.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-255553
Filed / recorded: Jun 4, 2026, 12:30 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: Jun 1, 2026
Transaction code: S
Shares / units: 225
Price per share: $171.09
Acquired / disposed: Disposed (D)
Shares owned after: 1,090
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.
Reflects 225 shares purchased at $83.9545 per share under the NetApp Employee Stock Purchase Plan on May 29, 2026.

Around the same time

3mo ago

14KDerivative units

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

3mo ago

29KDerivative units

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

3mo ago

6,467Derivative units

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record