Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · NetApp (NTAP)

NetApp stockholders approve director slate, 4 million ESPP share increase and 5 million equity plan increase

Neutral Impact 2 of 5 shareholder Written later

At its September 10, 2025 annual meeting, NetApp stockholders re-elected all nine board nominees and approved increases to the Employee Stock Purchase Plan and 2021 Equity Incentive Plan share reserves. The company also raised outside director RSU award values, while a stockholder proposal on special shareholder meetings failed.

Key points

  • Employee Stock Purchase Plan share reserve increased by 4,000,000 shares
  • 2021 Equity Incentive Plan share reserve increased by 5,000,000 shares
  • Initial director RSU award raised from $275,000 to $285,000; annual Chairman award raised from $350,000 to $360,000
  • Stockholder proposal on a special shareholder meeting improvement was not approved (21,071,706 for, 144,253,624 against)

The filing

CompanyNetApp (NTAP)
Form8-K, current report
Filed with the SECSep 12, 2025, 6:18 PM ET
Accession number0001193125-25-202408

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 12, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.