NetApp (NTAP) EVP/CFO Wissam Jabre Receives RSU Award

What Happened
Wissam Jabre, NetApp's Executive Vice President and Chief Financial Officer, was granted 13,859 restricted stock units (RSUs) on July 1, 2026. The filing reports a derivative award (code A); no per-share price or aggregate dollar value is provided. This is a compensation grant (not a purchase or sale).

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (accession 0001193125-26-294687).
• Security/amount: 13,859 RSUs (derivative award). Price/aggregate value: N/A in filing.
• Shares owned after transaction: not disclosed in the filing.
• Footnote F1: Each RSU converts into one common share on a one-for-one basis.
• Footnote F2: Vesting schedule — 1/8th (12.5%) vests October 15, 2026, then 1/16th (6.25%) vests quarterly thereafter for a total 45 months, subject to continued service.
• Timeliness: filing appears timely (no late-file flag indicated).

Context
RSU grants are a common form of executive compensation and vest over time; they do not represent an immediate market buy or sale. These RSUs will convert to NetApp common shares as they vest, subject to Jabre’s continued employment, and do not by themselves signal a trading preference (unlike open-market purchases or sales).