O'Callahan Elizabeth M 4

What Happened
Elizabeth M. O'Callahan, EVP and Chief Administrative Officer of NetApp (NTAP), reported a sale of 1,000 shares on July 10, 2026. The shares were disposed at $170.92 each for a total transaction value of $170,920. The filing lists the transaction as an open-market or private sale.

Key Details

• Transaction date: July 10, 2026; Price: $170.92 per share; Total proceeds: $170,920.
• Transaction reported on Form 4 filed July 14, 2026 (within the usual two-business-day reporting window).
• Footnote: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 22, 2025.
• Shares owned following the reported transaction: not disclosed in the provided filing details.

Context
Sales by executives can be routine (e.g., planned sales under 10b5-1 plans, diversification, or liquidity needs) and do not by themselves indicate a change in company outlook. The 10b5-1 plan note means the trade was executed under a pre-arranged plan, which is intended to limit concerns about timing based on nonpublic information.