Form 4: NetApp President Reports Stock Transaction
Insider Transaction (Form 4)
Cesar Cernuda, President of NetApp, Inc., reported multiple transactions in common stock on August 15, 2026.
Summary
- Option exercise/conversion: acquired 4,402 Common Shares on August 15, 2026; holds 51,208 after (Direct).
- Tax/exercise-price withholding: disposed of 2,070 Common Shares at $204.99 ($424,329) on August 15, 2026; holds 49,138 after (Direct).
- Option exercise/conversion: disposed of 1,757 Restricted Stock Unit on August 15, 2026; holds 5,269 after (Direct).
- Option exercise/conversion: disposed of 1,199 Restricted Stock Unit on August 15, 2026; holds 8,398 after (Direct).
- Option exercise/conversion: disposed of 1,446 Restricted Stock Unit on August 15, 2026; holds 15,911 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
Cesar Cernuda — Officer (President)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-15 | Option exercise/conversion | Common Shares | 4,402 | — | — | 51,208 |
| 2026-08-15 | Tax/exercise-price withholding | Common Shares | 2,070 | $205 | $424.3K | 49,138 |
| 2026-08-15 | Option exercise/conversion | Restricted Stock Unit | 1,757 | — | — | 5,269 |
| 2026-08-15 | Option exercise/conversion | Restricted Stock Unit | 1,199 | — | — | 8,398 |
| 2026-08-15 | Option exercise/conversion | Restricted Stock Unit | 1,446 | — | — | 15,911 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-15 | Option exercise/conversion (4,402 shares) |
| 2026-08-15 | Tax/exercise-price withholding (2,070 shares) |
| 2026-08-15 | Option exercise/conversion (1,757 shares) |
| 2026-08-15 | Option exercise/conversion (1,199 shares) |
| 2026-08-15 | Option exercise/conversion (1,446 shares) |
Keywords
insider transaction, Form 4, NTAP, NetApp, Inc., neutral, Cesar Cernuda
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