Form 4: NetApp Director Deepak Ahuja Reports Stock Unit Conversion
SEC Form 4 Filing
Director Deepak Ahuja reports the conversion of restricted stock units into common shares of NetApp, Inc.
Summary
- Deepak Ahuja, a director of NetApp, Inc., reported a transaction on January 2, 2025, where 3,450 restricted stock units (RSUs) were converted into common shares.
- Following the transaction, Ahuja beneficially owns 16,264 common shares.
- The RSUs were granted on September 9, 2022, and vested before being delivered on January 2, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 2022-09-09 | Reporting person was granted 3,450 restricted stock units |
| 2025-01-02 | Restricted stock units vested and were delivered |
| 2025-01-06 | Date of signature for the Form 4 filing |
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