Kurian George, CEO of NetApp (NTAP), has filed 99 Form 4 transactions across two companies, with a clear sell-side bias. His total open-market sales reached $15.4 million, while he recorded zero open-market purchases. The only acquisition value on his filings, $131,705.93, came from compensation grants, not discretionary buying.
The recent pattern is dominated by mechanical and automatic events. In August 2026, George exercised multiple option tranches at zero value and had $782,446.83 in shares withheld to cover taxes. Similar option exercises appeared in May and February 2026, paired with tax-withholding sales of $1.12 million and $388,067.22 respectively. A larger tax event occurred on May 14, 2026, when two separate F-code transactions totaled $7.6 million in withheld shares. These are not discretionary sales; they are mandatory settlements tied to equity vesting.
George also holds a position at The Cigna Group (CI), where his activity is limited to awards. He received grants valued at $30,000.01 on May 29, 2026, and two grants of $29,999.99 each on February 27, 2026. No sales or purchases appear for CI. The overall direction is consistent: George sells only to satisfy tax obligations from vested equity, never in open-market transactions, and has not bought a single share in either company during the covered period.
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