Nutanix (NTNX) legal chief exercises 4,727 RSUs, 1,697 shares withheld for taxes
Rhea-AI Filing Summary
Nutanix, Inc. Chief Legal Officer Brian Martin reported routine equity compensation activity. On June 15, 2026, he exercised Restricted Stock Units, converting 4,727 RSUs into the same number of Class A common shares. These RSUs carry no exercise price.
To cover related tax obligations from the RSU vesting, the issuer withheld 1,697 shares of Class A common stock, a non-market disposition. After these transactions, Martin directly holds 13,825 Class A shares, which include 602 shares acquired through the Nutanix Employee Stock Purchase Plan on March 20, 2026.
He also continues to hold 25,425 RSUs, each representing a contingent right to receive one Class A share, vesting in specified quarterly installments as long as he continues to provide service to Nutanix.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,825 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,902 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,825 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,902 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,697 | $49.40 | $84K |
Footnotes (1)
- Includes 602 shares of Class A Common Stock acquired under the Nutanix, Inc. Employee Stock Purchase Plan on March 20, 2026. Represents shares withheld by the Issuer to satisfy tax withholding obligations arising from the vesting of Reporting Person's Restricted Stock Units, or RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock. The RSUs vested as to 25% of the underlying shares on September 15, 2025, with 1/16th of the remaining shares vesting quarterly thereafter subject to the Reporting Person continuing to provide service to the Issuer through each vesting date. The RSUs vest in 16 equal quarterly installments, with the first of such quarterly installments having vested on December 15, 2025, subject to the Reporting Person continuing to provide service to the Issuer through each vesting date.