Form 4: NetApp President Sells Shares
Insider Transaction (Form 4)
Cesar Cernuda, President of NetApp, Inc., sold 2,608 shares of common stock on August 17, 2026.
Summary
- Open-market sale: disposed of 1,192 Common Shares at $203.63 ($242,727) on August 17, 2026; holds 47,946 after (Direct).
- Open-market sale: disposed of 495 Common Shares at $204.36 ($101,158) on August 17, 2026; holds 47,451 after (Direct).
- Open-market sale: disposed of 821 Common Shares at $205.56 ($168,765) on August 17, 2026; holds 46,630 after (Direct).
- Open-market sale: disposed of 100 Common Shares at $206.40 ($20,640) on August 17, 2026; holds 46,530 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $533,290 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Cesar Cernuda — Officer (President)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-17 | Open-market sale | Common Shares | 1,192 | $204 | $242.7K | 47,946 |
| 2026-08-17 | Open-market sale | Common Shares | 495 | $204 | $101.2K | 47,451 |
| 2026-08-17 | Open-market sale | Common Shares | 821 | $206 | $168.8K | 46,630 |
| 2026-08-17 | Open-market sale | Common Shares | 100 | $206 | $20.6K | 46,530 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-17 | Open-market sale (1,192 shares) |
| 2026-08-17 | Open-market sale (495 shares) |
| 2026-08-17 | Open-market sale (821 shares) |
| 2026-08-17 | Open-market sale (100 shares) |
Keywords
insider transaction, Form 4, NTAP, NetApp, Inc., bearish, Cesar Cernuda
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