A statement of changes in beneficial ownership was filed on September 23, 2026, disclosing that Deepak Ahuja, a director of NetApp, Inc. (NASDAQ:NTAP), sold 3,450 common shares on September 21, 2026.

Key Highlights

  • Reporting person: Deepak Ahuja, identified as a Director of NetApp, Inc.
  • Transaction: 3,450 common shares disposed of (transaction code S) on September 21, 2026.
  • Sale price: $200 per share, as reported in the filing.
  • Remaining ownership: Ahuja directly held 12,814 common shares following the transaction.
  • 10b5-1 plan: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Ahuja on June 15, 2026.

Ahuja's Share Sale and Remaining Stake in NetApp

According to the filing, Deepak Ahuja, serving as a Director of NetApp, Inc., a data infrastructure and cloud storage company whose common shares trade on NASDAQ under the symbol NTAP, disposed of 3,450 common shares on September 21, 2026, at a price of $200 per share. The transaction was coded "S," indicating an open-market sale, and was reported as a direct ownership transaction.

The filing discloses that following the reported sale, Ahuja directly and beneficially owned 12,814 common shares of NetApp. No derivative securities were reported in Table II of the filing. The form was signed on September 23, 2026, by Colin Lloyd as Attorney-in-Fact for Deepak Ahuja, and was filed by one reporting person. No amendment date was listed, indicating this was not a corrective filing.

As noted in the filing's explanation of responses, "the transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 15, 2026." Rule 10b5-1 plans allow corporate insiders to establish pre-scheduled trading arrangements at a time when they are not in possession of material non-public information. The checkbox indicating a Rule 10b5-1(c) plan was marked on the cover of the filing.

What Was Disclosed

The filing reports a single open-market sale of 3,450 NetApp common shares by director Deepak Ahuja at $200 per share on September 21, 2026, executed under a pre-established Rule 10b5-1 trading plan, leaving Ahuja with direct beneficial ownership of 12,814 shares.