secwatch.observer — SEC 8-K summary
======================================

Issuer:     NetApp, Inc. (NTAP)
CIK:        0001002047
Form:       8-K
Filed at:   2025-09-15T23:59:59+00:00
Accession:  0001193125-25-202408
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NetApp shareholders approve share reserve increases for ESPP (4M) and 2021 Plan (5M) at annual meeting
--------------------------------------------------------------------------------

- Increased ESPP share reserve by 4M shares; 2021 Equity Incentive Plan by 5M shares, effective Sept 11, 2025.
- Outside Director Compensation Policy amended: initial RSU award to $285,000 (from $275,000), Chairman annual RSU to $360,000.
- All nine director nominees re-elected; say-on-pay approved with ~92.8% support; Deloitte ratified as auditor for FY2026.
- Stockholder proposal on special meeting improvement rejected (21.1M for, 144.3M against).
- 2021 Plan amendment saw notable opposition: 112.4M for, 53.0M against; still approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1002047/000119312525202408/0001193125-25-202408-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1002047/000119312525202408/ntap-20250910.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-202408

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer