CESAR CERNUDA - 15 Nov 2025 Form 4 Insider Report for NetApp, Inc. (NTAP)

Role
President
Signature
/s/ Bryan Tham, Attorney-in-Fact for Cesar Cernuda
Issuer symbol
NTAP
Transactions as of
15 Nov 2025
Net transactions value
-$253,395
Form type
4
Filing time
18 Nov 2025, 16:22:05 UTC
Previous filing
19 Aug 2025
Next filing
18 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
CERNUDA CESAR President 3060 OLSEN DRIVE, SAN JOSE /s/ Bryan Tham, Attorney-in-Fact for Cesar Cernuda 18 Nov 2025 0001817313

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTAP Common Shares Options Exercise +4,921 +9.4% 57,035 15 Nov 2025 Direct F1
transaction NTAP Common Shares Tax liability $253,395 -2,312 -4.1% $109.60 54,723 15 Nov 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTAP Restricted Stock Unit Options Exercise -1,964 -33% 3,928 15 Nov 2025 Common Shares 1,964 Direct F1, F2
transaction NTAP Restricted Stock Unit Options Exercise -1,757 -14% 10,538 15 Nov 2025 Common Shares 1,757 Direct F1, F3
transaction NTAP Restricted Stock Unit Options Exercise -1,200 -9.1% 11,996 15 Nov 2025 Common Shares 1,200 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On July 1, 2022, the reporting person was granted 31,422 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2023 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.
F3 On July 13, 2023, the reporting person was granted 28,101 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2024 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.
F4 On July 1, 2024, the reporting person was granted 19,193 restricted stock units. Restricted stock unit awards shall vest as to twenty-five percent (25%) of the shares May 15, 2025 and 1/16th (6.25%) of the shares quarterly thereafter for the next three years, subject to continued service on each applicable vesting date.