NetApp, Inc. 4

NetApp EVP & Chief Product Officer Syam Nair had 42,739 RSUs vest into common shares and 16,818 shares withheld or disposed of for taxes, resulting in 36,694 directly owned common shares and 42,739 RSUs remaining outstanding.

On August 15, 2026, NetApp, Inc. EVP and Chief Product Officer Syam Nair effected multiple transactions related to previously granted restricted stock units (RSUs). A total of 42,739 RSUs were converted into an equal number of common shares, increasing his directly held common stock, and then 16,818 of those shares were withheld or disposed of at an implied price of $204.99 per share to cover associated tax obligations, leaving him with 36,694 directly owned common shares. After these transactions, 42,739 RSUs remained outstanding, representing additional contingent equity exposure. The filing notes that the RSUs convert into common stock on a one-for-one basis and references a prior 194,272‑unit RSU grant with multi‑year vesting, indicating these movements are part of routine equity compensation vesting and share withholding rather than open‑market purchases or discretionary sales.

Filing Facts

CIK

1002047

Ticker

NTAP

Form

4

Source Type

sec

Accession

0001193125-26-355802

Alert Tier

5