NetApp (NTAP) EVP Elizabeth O'Callahan Sells 1,000 Shares

What Happened
Elizabeth M. O'Callahan, EVP and Chief Administrative Officer of NetApp (NTAP), sold 1,000 shares in an open-market transaction on September 10, 2026. The shares were disposed at $184.74 each, for a total transaction value of $184,740. This was a sale (not a purchase), which is often routine insider selling and does not necessarily indicate a change in view of the company.

Key Details

• Transaction date: 2026-09-10; Type: Sale (code S)
• Price per share: $184.74; Total value: $184,740
• Report filed with SEC: 2026-09-14 (Accession 0001193125-26-390642)
• Shares owned after transaction: not disclosed in the provided data
• Footnote: Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 22, 2025 (F1)
• No indication in the provided data that this was an option exercise, gift, or tax-withholding event

Context
Sales executed under a 10b5-1 plan are pre-arranged and meant to provide an orderly way for insiders to sell shares without active timing. For retail investors, purchases tend to be more informative about insider confidence; routine sales under trading plans are common and not by themselves a clear signal about company prospects.