NetApp Executive Sells $96,250 in Shares

EVP Elizabeth O'callahan reduces stake in data storage company

Apr. 15, 2026 at 9:22am

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A highly detailed, black-and-white close-up photograph of the internal components and circuitry of a large data storage server, conveying a sense of the industrial scale and technical complexity of modern data infrastructure.An insider's view of the intricate machinery powering NetApp's data storage solutions, hinting at the company's technological prowess and the competitive landscape it navigates.Sunnyvale Today

NetApp, Inc. (NASDAQ:NTAP) Executive Vice President Elizabeth O'callahan sold 1,000 shares of the company's stock on April 10th, 2026 for an average price of $96.25, resulting in a total transaction of $96,250. Following the sale, O'callahan now owns 19,382 shares in the company, valued at $1,865,517.50.

Why it matters

Insider trading activity can provide insights into management's views on a company's prospects. This sale by a high-level executive suggests she may be taking some profits off the table, though her remaining stake indicates continued confidence in NetApp's future.

The details

The shares were sold in a transaction disclosed in a filing with the Securities & Exchange Commission. After the sale, O'callahan's ownership stake in NetApp decreased by 4.91% to 19,382 shares. NetApp's stock has traded between $80.22 and $126.66 over the past 52 weeks, and currently sits at $98.89 per share.

  • The shares were sold on Friday, April 10th, 2026.

The players

Elizabeth O'callahan

Executive Vice President at NetApp, Inc.

NetApp, Inc.

A data management and storage company that delivers hybrid cloud data services for applications and data.

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What’s next

Investors will likely continue to monitor NetApp's stock performance and any further insider trading activity as an indicator of the company's outlook.

The takeaway

This insider sale highlights the ongoing volatility in the data storage sector, as NetApp navigates a shifting technology landscape and competitive pressures. The executive's reduced stake, while still maintaining a sizable position, suggests cautious optimism about the company's near-term prospects.