Form 4: NetApp Director Deborah Kerr Reports Stock Transactions
SEC Form 4 Filing
Director Deborah Kerr reports acquisition and disposal of NetApp common shares and restricted stock units.
Summary
- On September 10, 2024, Director Deborah Kerr acquired 3,526 common shares through the vesting of restricted stock units.
- Following this transaction, Kerr directly owns 22,676 common shares.
- On September 11, 2024, Kerr was granted 2,377 restricted stock units which vest on the day immediately preceding the date of the next Annual Meeting of Stockholders of the Company following the grant date, subject to the reporting person's continuous service on the Board through such date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 2023-09-13 | Reporting person was granted 3,526 restricted stock units. |
| 2024-03-12 | Date of Power of Attorney execution. |
| 2024-09-10 | 3,526 restricted stock units vested. |
| 2024-09-11 | 2,377 restricted stock units granted. |
| 2024-09-12 | Date of Form 4 signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.