O'Callahan Elizabeth M 4

What Happened

• Elizabeth M. O'Callahan, EVP and Chief Administrative Officer of NetApp (NTAP), sold 1,000 shares on May 11, 2026. The shares were disposed at $117.73 each for a total transaction value of $117,730. This was a sale (not a purchase) and was executed under an existing trading arrangement.

Key Details

• Transaction date & price: May 11, 2026 — 1,000 shares at $117.73 per share (total $117,730).
• Transaction type/code: Sale (S), open-market or private sale as reported.
• Shares owned after transaction: Not reported in this Form 4.
• Footnote: Trade was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 29, 2024.
• Filing: Form 4 filed May 13, 2026 (appears timely; Form 4s are generally due within two business days).

Context

• The sale was made under a pre-established 10b5-1 plan, which allows insiders to execute scheduled trades regardless of current views on the stock; such trades are often routine and do not necessarily reflect the insider’s current sentiment about the company. Sales are generally less informative than purchases for gauging insider conviction.