NTAPNetApp
Deals with insiders in the proxy filed 2026-07-28
Deals between NTAP and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-07-25.
Nothing new: every deal in this year's section was reported last year too.
The whole section
8 paragraphs quoted as filed
Certain R elationships and Related Transactions“Our Corporate Governance and Nominating Committee is responsible for the review, approval, and ratification of transactions with related persons.”
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Certain R elationships and Related Transactions“Specifically, the Corporate Governance and Nominating Committee has the authority to:”
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Certain R elationships and Related Transactions“Consider questions of possible conflicts of interest of members of our Board and corporate officers;”
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Certain R elationships and Related Transactions“Review actual and potential conflicts of interest of members of our Board and corporate officers, and clear any involvement of such persons in matters that may involve a conflict of interest;”
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Certain R elationships and Related Transactions“Establish policies and procedures for the review and approval of "related person transactions," as defined in applicable SEC rules;”
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Certain R elationships and Related Transactions“Conduct ongoing reviews of potential related person transactions; and • Review and approve all related person transactions.”
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Certain R elationships and Related Transactions“Pursuant to the SEC’s rules and regulations, "related persons" include, but are not limited to, the Company’s directors, executive officers, and beneficial owners of more than 5% of the Company’s outstanding common stock. If the determination is made that a related person has a material interest in any Company transaction, then the Corporate Governance and Nominating Committee, which consists entirely of all independent directors, is responsible for reviewing and approving or ratifying it. An approved transaction would be disclosed in accordance with the SEC rules if required. If the related person at issue is a director of the Company, or a family member of a director, then that director would not participate in those discussions.”
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Certain R elationships and Related Transactions“In the ordinary course of our business, we engage in transactions with the Google Cloud division of Alphabet Inc. Thomas Kurian, the brother of our Chief Executive Officer and President, George Kurian, is the CEO of Google Cloud. Our relationship with Google Cloud preceded Mr. Thomas Kurian’s employment there. We believe that the transactions with Google Cloud have been entered into in the ordinary course of business, conducted on an arms-length basis, and do not represent a material interest to any of our related persons, and therefore are not related person transactions within the meaning of Item 404 of Regulation S-K.”
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Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗