Nutanix (NASDAQ: NTNX) legal chief’s 2026 performance stock units hit vesting milestone
Rhea-AI Filing Summary
Nutanix, Inc. (NTNX) reported that Chief Legal Officer Brian Martin acquired 15,124 shares and 7,365 shares of Class A common stock through performance-based restricted stock units. These awards became eligible to vest based on the company’s total shareholder return relative to the NASDAQ Composite Index, and are scheduled to vest on September 15, 2026 if his service continues through that date.
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Insider Trade Summary
Net Buyer: 22,489 shares
Net Buy
2 txns
Insider
Martin Brian
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 15,124 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F2 | 7,365 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 36,519 shares (Direct)
Footnotes (2)
- F1. On September 10, 2024, the Reporting Person was granted performance-based restricted stock units ("FY 2025 PRSUs"). The FY 2025 PRSUs are eligible to vest in up to three installments based on the total shareholder return of the Issuer over one-, two- and three-year performance periods, each commencing on August 1, 2024, relative to the total shareholder return of companies in the NASDAQ Composite Index. On August 24, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the achievement percentage for the second performance period was 121.93% but, under the terms of the FY 2025 PRSUs, the achievement percentage is capped at 100%, resulting in these shares becoming eligible to vest on September 15, 2026, subject to the Reporting Person continuing to provide service to the Issuer through the vesting date.
- F2. On November 10, 2025, the Reporting Person was granted performance-based restricted stock units ("FY 2026 PRSUs"). The FY 2026 PRSUs are eligible to vest in up to three installments based on the total shareholder return of the Issuer over one-, two- and three-year performance periods, each commencing on August 1, 2025, relative to the total shareholder return of companies in the NASDAQ Composite Index. On August 24, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the achievement percentage for the first performance period was 72.61%, resulting in these shares becoming eligible to vest on September 15, 2026, subject to the Reporting Person continuing to provide service to the Issuer through the vesting date.
Key Figures
Shares from FY 2025 PRSUs: 15,124 shares of Class A Common Stock
Shares from FY 2026 PRSUs: 7,365 shares of Class A Common Stock
FY 2025 PRSU achievement percentage: 121.93%
+5 more
8 metrics
Shares from FY 2025 PRSUs
15,124 shares of Class A Common Stock
Shares becoming eligible to vest from FY 2025 PRSUs based on second performance period
Shares from FY 2026 PRSUs
7,365 shares of Class A Common Stock
Shares becoming eligible to vest from FY 2026 PRSUs based on first performance period
FY 2025 PRSU achievement percentage
121.93%
Second performance period result; capped at 100% under award terms
FY 2026 PRSU achievement percentage
72.61%
First performance period result for FY 2026 PRSUs
Achievement cap for FY 2025 PRSUs
100%
Maximum applicable achievement percentage under FY 2025 PRSU terms
FY 2025 PRSU grant date
September 10, 2024
Grant date of FY 2025 performance-based restricted stock units
FY 2026 PRSU grant date
November 10, 2025
Grant date of FY 2026 performance-based restricted stock units
PRSUs vesting eligibility date
September 15, 2026
Date on which reported PRSUs become eligible to vest, subject to continued service
Key Terms
performance-based restricted stock units, total shareholder return, NASDAQ Composite Index
3 terms
performance-based restricted stock units financial
"the Reporting Person was granted performance-based restricted stock units ("FY 2025 PRSUs")"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
NASDAQ Composite Index financial
"relative to the total shareholder return of companies in the NASDAQ Composite Index"
A broad stock market index that measures the combined price performance of nearly all common stocks listed on the Nasdaq exchange, acting like a thermometer for that segment of the market. Investors use it to gauge overall trends and sentiment among Nasdaq-listed companies, compare portfolio performance to a benchmark, and make allocation decisions—similar to checking an index reading to understand whether weather favors growth or caution.
FAQ
What insider transactions did NTNX Chief Legal Officer Brian Martin report?
Brian Martin reported two acquisitions of Class A Common Stock: 15,124 shares tied to FY 2025 PRSUs and 7,365 shares tied to FY 2026 PRSUs. These reflect performance-based restricted stock units that became eligible to vest following compensation committee determinations.
What performance result triggered FY 2025 PRSU eligibility for NTNX?
For the FY 2025 PRSUs, Nutanix’s compensation committee determined an achievement percentage of 121.93% for the second performance period. Under the award terms this result was capped at 100%, making the related 15,124 shares eligible to vest on September 15, 2026, subject to continued service.
What performance result triggered FY 2026 PRSU eligibility for NTNX?
For the FY 2026 PRSUs, the compensation committee determined an achievement percentage of 72.61% for the first performance period. This made the associated 7,365 shares eligible to vest on September 15, 2026, assuming Brian Martin continues to provide service through that date.
How are NTNX PRSUs measured for vesting in these grants?
The FY 2025 and FY 2026 PRSUs vest in up to three installments based on total shareholder return over one-, two-, and three-year performance periods starting August 1, 2024, and August 1, 2025, respectively, each measured relative to companies in the NASDAQ Composite Index.
When do the reported NTNX PRSUs become eligible to vest?
Both the FY 2025 and FY 2026 PRSUs reported become eligible to vest on September 15, 2026, provided Brian Martin continues to provide service to Nutanix through that vesting date, as stated in the performance award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.