Michael J. Berry - 04 Mar 2025 Form 4 Insider Report for NetApp, Inc. (NTAP)

Reporting relationship: EVP, CFO
Issuer ticker: NTAP
Reported as of: 04 Mar 2025
Net transaction value: -$2,356,290
SEC form: 4
Accepted by SEC: 06 Mar 2025, 16:15:06 UTC
Prior SEC filing: 20 Feb 2025
Next SEC filing: 12 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Bryan Tham, Attorney-in-Fact for Michael J Berry

Key filing fact

Michael J. Berry filed Form 4 for NetApp, Inc. (NTAP) on 06 Mar 2025.

Key facts

This page summarizes Michael J. Berry's Form 4 filing for NetApp, Inc. (NTAP).
7 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 06 Mar 2025, 16:15.

Change

Previous filing in this sequence was filed on 20 Feb 2025.
Current net transaction value: -$2,356,290.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NTAP transaction

Common Shares

Sale

Transaction value: $425,876
Shares: -4,569
Change %: -4%
Price: $93.21
Shares after: 108,529
Date: 04 Mar 2025
Ownership: By The Berry Family Trust
Footnotes: F1, F2

NTAP transaction

Common Shares

Sale

Transaction value: $440,906
Shares: -4,688
Change %: -4.3%
Price: $94.05
Shares after: 103,841
Date: 04 Mar 2025
Ownership: By The Berry Family Trust
Footnotes: F1, F3

NTAP transaction

Common Shares

Sale

Transaction value: $307,988
Shares: -3,243
Change %: -3.1%
Price: $94.97
Shares after: 100,598
Date: 04 Mar 2025
Ownership: By The Berry Family Trust
Footnotes: F1, F4

NTAP transaction

Common Shares

Sale

Transaction value: $313,733
Shares: -3,354
Change %: -3.3%
Price: $93.54
Shares after: 97,244
Date: 05 Mar 2025
Ownership: By The Berry Family Trust
Footnotes: F1, F5

NTAP transaction

Common Shares

Sale

Transaction value: $300,986
Shares: -3,203
Change %: -3.3%
Price: $93.97
Shares after: 94,041
Date: 05 Mar 2025
Ownership: By The Berry Family Trust
Footnotes: F1, F6

NTAP transaction

Common Shares

Sale

Transaction value: $348,249
Shares: -3,660
Change %: -3.9%
Price: $95.15
Shares after: 90,381
Date: 05 Mar 2025
Ownership: By The Berry Family Trust
Footnotes: F1, F7

NTAP transaction

Common Shares

Sale

Transaction value: $218,552
Shares: -2,283
Change %: -2.5%
Price: $95.73
Shares after: 88,098
Date: 05 Mar 2025
Ownership: By The Berry Family Trust
Footnotes: F1, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 8 footnotes

Footnote F1

The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 5, 2024.

Footnote F2

The price in Column 4 is a weighted average price of all sales by the reporting person on the transaction date within a one dollar range. The prices actually received ranged from $92.66 to $93.60. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Footnote F3

The price in Column 4 is a weighted average price of all sales by the reporting person on the transaction date within a one dollar range. The prices actually received ranged from $93.61 to $94.57. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Footnote F4

The price in Column 4 is a weighted average price of all sales by the reporting person on the transaction date within a one dollar range. The prices actually received ranged from $94.58 to $95.54. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Footnote F5

The price in Column 4 is a weighted average price of all sales by the reporting person on the transaction date within a one dollar range. The prices actually received ranged from $93.03 to $93.75. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Footnote F6

The price in Column 4 is a weighted average price of all sales by the reporting person on the transaction date within a one dollar range. The prices actually received ranged from $93.76 to $94.50. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Footnote F7

The price in Column 4 is a weighted average price of all sales by the reporting person on the transaction date within a one dollar range. The prices actually received ranged from $94.51 to $95.45. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Footnote F8

The price in Column 4 is a weighted average price of all sales by the reporting person on the transaction date within a one dollar range. The prices actually received ranged from $95.47 to $96.03. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.