NetApp (NTAP) EVP sells 1,000 shares, retains 20,382-share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NetApp, Inc. executive Elizabeth M. O'Callahan, EVP and Chief Administrative Officer, sold 1,000 common shares in an open-market transaction at $100.67 per share on March 10, 2026. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on November 29, 2024, and she continues to hold 20,382 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($100,670)
Net Sell
1 txn
Insider
O'Callahan Elizabeth M
Role
EVP, Chief Admin. Officer
Sold
1,000 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 1,000 | $100.67 | $101K |
Holdings After Transaction:
Common Shares — 20,382 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did NetApp (NTAP) report for Elizabeth O'Callahan?
NetApp reported that EVP and Chief Administrative Officer Elizabeth M. O'Callahan sold 1,000 common shares. The transaction was an open-market sale at $100.67 per share, executed under a pre-arranged Rule 10b5-1 trading plan adopted in November 2024.
Was the NetApp (NTAP) insider sale by Elizabeth O'Callahan under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan adopted on November 29, 2024. Such plans allow insiders to schedule trades in advance, helping separate personal portfolio moves from day-to-day market developments.
What type of security did Elizabeth O'Callahan trade in this NetApp (NTAP) Form 4?
The Form 4 shows a transaction in NetApp common shares, classified as a non-derivative security. She sold 1,000 common shares in an open-market or private transaction, with no related derivative exercises or conversions reported in this particular filing.
Does the NetApp (NTAP) Form 4 report any option exercises or derivative transactions?
No derivative transactions are reported in this Form 4. The derivative summary section is empty, and the transaction is described solely as a sale of non-derivative common shares, indicating there were no option exercises or conversions disclosed in this filing.