CERNUDA CESAR (President) exercised options at NETAPP, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/18/2026ACC: 0001193125-26-057345
-1.18K
Net shares
Net seller
$116.1K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
4.92K acquired · 6.10K disposed
Non-Derivative Transactions2
Common Shares
Direct
Shares
+4.92K
Price / share
—
Trade value
—
% of position
9.0%
2/15/2026
54.72K→59.64K
Common Shares
Direct
Shares
−1.18K
Price / share
$98.22
Trade value
$116.10K
% of position
2.0%
2/15/2026
59.64K→58.46K
Total
Net shares
+3.74K
Net value
-$116.10K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Shares Direct | 2/15/2026 | M · Option Exercise | +4.92K | — | — | 9.0% | 54.72K | 59.64K |
| Common Shares Direct | 2/15/2026 | F · Tax Withholding | −1.18K | $98.22 | $116.10K | 2.0% | 59.64K | 58.46K |
| Total | +3.74K | -$116.10K | ||||||
Derivative Transactions3
Restricted Stock Unit
Direct
Converts to
Common Shares
1.96K shares
Shares
−1.96K
Strike price
Held after
1.96K
Exercisable
—
2/15/2026
Restricted Stock Unit
Direct
Converts to
Common Shares
1.76K shares
Shares
−1.76K
Strike price
Held after
8.78K
Exercisable
—
2/15/2026
Restricted Stock Unit
Direct
Converts to
Common Shares
1.20K shares
Shares
−1.20K
Strike price
Held after
10.80K
Exercisable
—
2/15/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Shares1.96K shares | 2/15/2026 | M · Option Exercise | −1.96K | — | 1.96K | |
| Restricted Stock Unit Direct | Common Shares1.76K shares | 2/15/2026 | M · Option Exercise | −1.76K | — | 8.78K | |
| Restricted Stock Unit Direct | Common Shares1.20K shares | 2/15/2026 | M · Option Exercise | −1.20K | — | 10.80K |