Elizabeth M. O'Callahan - 10 Dec 2024 Form 4 Insider Report for NetApp, Inc. (NTAP)

Signature
/s/ Michael Schultz, Attorney-in-Fact for Elizabeth M O'Callahan
Issuer symbol
NTAP
Transactions as of
10 Dec 2024
Net transactions value
-$98,106
Form type
4
Filing time
12 Dec 2024, 16:15:03 UTC
Previous filing
19 Nov 2024
Next filing
14 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Sale $98,106 -770 -5.8% $127.41 12,456 10 Dec 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The Transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 20, 2023.
F2 Includes 114 shares purchased at $61.166 per share under the NetApp Employee Stock Purchase Plan on November 29, 2024.