A Form 4 filed with the SEC on September 10, 2026, discloses that Deepak Ahuja, a director of NetApp, Inc. (NASDAQ:NTAP), was granted 1,542 restricted stock units on September 9, 2026.

Key Highlights

  • Grant date: September 9, 2026, Deepak Ahuja received 1,542 restricted stock units in NetApp common shares.
  • Vesting schedule: The RSUs vest on the day immediately preceding the date of the next Annual Meeting of Stockholders following the grant date, subject to continuous board service.
  • Conversion ratio: Each restricted stock unit converts into one common share on a one-for-one basis.
  • Resulting ownership: Following the grant, Ahuja beneficially owns 1,542 restricted stock units, held directly.
  • Role: Ahuja is identified in the filing as a Director of NetApp, Inc.

NetApp Director RSU Award: Grant and Vesting Details

According to the Form 4 filed on September 10, 2026, Deepak Ahuja, a director at NetApp, Inc. (NASDAQ:NTAP), was awarded 1,542 restricted stock units on September 9, 2026. The filing identifies the transaction code as "A," indicating an acquisition. The RSUs are classified as derivative securities and are reported in Table II of the form.

The filing states that the restricted stock units convert into common stock on a one-for-one basis. The grant is subject to a vesting condition: the units vest "on the day immediately preceding the date of the next Annual Meeting of Stockholders of the Company following the grant date," contingent on Ahuja's "continuous service on the Board through such date," as described in the filing's explanation of responses.

Following the reported transaction, Ahuja's total beneficial ownership of these restricted stock units stands at 1,542, held directly. No shares were disposed of in connection with this transaction, and no entries appear in Table I, which covers non-derivative securities. The form was signed by Colin Lloyd, Attorney-in-Fact for Deepak Ahuja, and dated September 10, 2026.

What Was Disclosed

The filing reports a single RSU grant of 1,542 units to NetApp director Deepak Ahuja on September 9, 2026, vesting before the company's next Annual Meeting of Stockholders, subject to continued board service.