NetApp (NTAP) Director Anders Gustafsson Converts RSUs, Receives New RSUs

What Happened
Anders Gustafsson, a director of NetApp (NTAP), had 2,307 restricted stock units (RSUs) vest on September 8, 2026; those RSUs converted into 2,307 common shares and an equal number of shares were disposed the same day (typical of tax withholding). On September 9, 2026 he was granted 1,542 new RSUs that vest the day before the next annual meeting subject to continued board service. No cash prices or total dollar values are reported in the filing.

Key Details

• Transaction dates: Sep 8, 2026 (RSU vesting/conversion and disposition of 2,307 shares); Sep 9, 2026 (grant of 1,542 RSUs).
• Transaction codes: M (exercise/conversion of derivative) for the 2,307 shares; A (award/grant) for the 1,542 RSUs.
• Price/Value: N/A — filing does not report per-share price or total dollar value.
• Shares owned after transaction: Not reported in the provided filing details.
• Footnotes: RSUs convert 1-for-1 into common stock (F1). The 2,307 RSUs were originally granted on Sept 10, 2025 and vested Sept 8, 2026 (F2). The 1,542 RSUs granted Sept 9, 2026 vest the day before the next annual meeting, subject to continued service (F3).
• Filing timeliness: No late filing noted in the provided information.

Context
Vesting of RSUs and the immediate surrender/disposition of an equal number of shares is commonly how companies satisfy tax withholding and does not necessarily indicate a targeted market sale. These transactions are routine compensation events for directors; grants (A) are forward-looking awards subject to vesting requirements, while the M-coded entries reflect conversion of RSUs into shares. Because no price/value is reported, you cannot infer the monetary impact from this filing alone.