George Kurian, Chief Executive Officer of NetApp, Inc. (NTAP), has sold 50,000 shares of the company's stock. The transaction occurred on September 29, 2026, with shares priced at $209.95 each, resulting in a total value of approximately $10.50 million.
This sale adds to a series of recent stock disposals by Kurian and other executives at NetApp. Deepak Ahuja also reported a sale of 3,450 shares earlier in September.
Insider sales can be driven by various factors, including portfolio diversification, tax obligations, or pre-arranged trading plans, and do not necessarily reflect a negative outlook on the company's performance.