Nutanix legal chief exercises RSUs, covers taxes in stock
Nutanix, Inc. Chief Legal Officer Brian Martin reported routine equity compensation activity.
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Form Type
4
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.
Insider Trade Summary
4,727 shares exercised/converted
Exercise
5 txns
Insider
Martin Brian
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,825 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,902 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,825 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,902 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,697 | $49.40 | $84K |
Holdings After Transaction:
Restricted Stock Units — 50,150 contracts (Direct);
Class A Common Stock — 14,030 shares (Direct)
Footnotes (5)
- F1. Includes 602 shares of Class A Common Stock acquired under the Nutanix, Inc. Employee Stock Purchase Plan on March 20, 2026.
- F2. Represents shares withheld by the Issuer to satisfy tax withholding obligations arising from the vesting of Reporting Person's Restricted Stock Units, or RSUs.
- F3. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
- F4. 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.
- F5. 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.
Key Figures
RSUs exercised: 4,727 RSUs
Shares withheld for taxes: 1,697 shares
Shares held after transactions: 13,825 shares
+4 more
7 metrics
RSUs exercised
4,727 RSUs
Converted into Class A common shares on June 15, 2026
Shares withheld for taxes
1,697 shares
Withheld to satisfy RSU-related tax obligations
Shares held after transactions
13,825 shares
Direct Class A holdings following June 15, 2026 transactions
Remaining RSUs
25,425 RSUs
RSU balance after reported exercises
ESPP shares
602 shares
Class A shares acquired under ESPP on March 20, 2026
RSU exercise price
$0.00 per RSU
Conversion or exercise price for reported RSU grants
Tax-withholding price reference
$49.40 per share
Price associated with 1,697 withheld shares for taxes
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, tax withholding obligations, contingent right, +1 more
5 terms
Restricted Stock Units financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations arising from the vesting of Reporting Person's Restricted Stock Units, or RSUs."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Includes 602 shares of Class A Common Stock acquired under the Nutanix, Inc. Employee Stock Purchase Plan on March 20, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations arising from the vesting of Reporting Person's Restricted Stock Units, or RSUs."
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock."
vesting date financial
"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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Nutanix (NTNX) report for Brian Martin?
Nutanix reported that Chief Legal Officer Brian Martin exercised 4,727 Restricted Stock Units into Class A shares and had 1,697 shares withheld to cover tax obligations. These are routine compensation-related equity transactions rather than open-market purchases or sales.
Were Brian Martin’s Nutanix transactions open-market buys or sells?
The transactions were not open-market trades. Martin exercised 4,727 Restricted Stock Units to receive Class A shares, while 1,697 shares were withheld by Nutanix to satisfy tax withholding obligations triggered by RSU vesting, a standard administrative mechanism.
What are the key details of Brian Martin’s RSUs at Nutanix (NTNX)?
Martin exercised 4,727 RSUs into Class A shares and continues to hold 25,425 RSUs. Each RSU represents a contingent right to receive one Nutanix Class A share, vesting in scheduled quarterly installments tied to his continued service.
How were Nutanix RSU vesting schedules described for Brian Martin?
One RSU grant vested 25% on September 15, 2025, with the remaining shares vesting in sixteen quarterly installments. Another grant vests in sixteen equal quarterly installments, beginning December 15, 2025, contingent on Martin continuing to provide service to Nutanix.
Did Brian Martin use Nutanix’s Employee Stock Purchase Plan (ESPP)?
Yes. A footnote states that his holdings include 602 shares of Nutanix Class A common stock acquired through the Nutanix Employee Stock Purchase Plan on March 20, 2026, indicating additional share accumulation via the company’s ESPP program.
AI-generated analysis. How Rhea-AI works. Not financial advice.
