NetApp (NTAP) Director Deepak Ahuja Sells 3,526 Shares

What Happened Deepak Ahuja, a director of NetApp, sold 3,526 shares in an open-market transaction on September 14, 2026. The shares were sold at $194.04 each for total gross proceeds of approximately $684,185. This sale was reported on a Form 4 and was executed pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date & price: 2026-09-14 — 3,526 shares sold @ $194.04.
• Total proceeds: ~ $684,185 (gross).
• Transaction type: Open-market sale (Form 4 code S).
• Footnote: Reported sale was made under a Rule 10b5-1 trading plan adopted June 15, 2026.
• Filing date: Form 4 filed 2026-09-16 (timely filing per Form 4 rules).
• Shares owned after transaction: Not disclosed in the provided Form 4 excerpt (check full filing for current holdings).

Context This was a sale, which is often routine for insiders and does not by itself indicate the company's prospects. The presence of a 10b5-1 plan means the trade was preplanned and executed according to that plan’s terms; no inference about access to material nonpublic information should be drawn from the sale alone. Retail investors may want to review the full Form 4 for holdings details and monitor other insider activity or company fundamentals for broader context.