Form 4: NetApp Executive Reports Stock Transaction
Insider Transaction (Form 4)
Syam Nair, EVP, Chief Product Officer of NetApp, Inc., reported multiple transactions in common stock on August 15, 2026.
Summary
- Option exercise/conversion: acquired 42,739 Common Shares on August 15, 2026; holds 53,512 after (Direct).
- Tax/exercise-price withholding: disposed of 16,818 Common Shares at $204.99 ($3,447,522) on August 15, 2026; holds 36,694 after (Direct).
- Option exercise/conversion: disposed of 42,739 Restricted Stock Unit on August 15, 2026; holds 151,533 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Syam Nair — Officer (EVP, Chief Product Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-15 | Option exercise/conversion | Common Shares | 42,739 | — | — | 53,512 |
| 2026-08-15 | Tax/exercise-price withholding | Common Shares | 16,818 | $205 | $3.4M | 36,694 |
| 2026-08-15 | Option exercise/conversion | Restricted Stock Unit | 42,739 | — | — | 151,533 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-15 | Option exercise/conversion (42,739 shares) |
| 2026-08-15 | Tax/exercise-price withholding (16,818 shares) |
| 2026-08-15 | Option exercise/conversion (42,739 shares) |
Keywords
insider transaction, Form 4, NTAP, NetApp, Inc., neutral, Syam Nair
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