Nutanix (NASDAQ: NTNX) CEO granted performance-based stock awards
Rhea-AI Filing Summary
Nutanix, Inc. (NTNX) reported that Chief Executive Officer Rajiv Ramaswami acquired three awards of Class A Common Stock on August 24, 2026, all related to performance-based restricted stock units. These represent PRSU tranches that became eligible to vest following Compensation Committee determinations of total shareholder return performance versus the NASDAQ Composite Index.
The filing shows grants of 338,868, 45,372, and 34,194 shares tied to FY 2024, FY 2025, and FY 2026 PRSUs, respectively, each at a reported price of $0.00 per share and subject to continued service through the vesting date of September 15, 2026.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 418,434 shares
Net Buy
3 txns
Insider
RAMASWAMI RAJIV
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 338,868 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F2 | 45,372 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F3 | 34,194 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 1,016,864 shares (Direct)
Footnotes (3)
- F1. On August 29, 2023, the Reporting Person was granted performance-based restricted stock units ("FY 2024 PRSUs"). The FY 2024 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, 2023, 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 third performance period was 200%, 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 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.
- F3. 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
FY 2024 PRSU shares eligible to vest: 338,868 shares of Class A Common Stock
FY 2025 PRSU shares eligible to vest: 45,372 shares of Class A Common Stock
FY 2026 PRSU shares eligible to vest: 34,194 shares of Class A Common Stock
+5 more
8 metrics
FY 2024 PRSU shares eligible to vest
338,868 shares of Class A Common Stock
Achievement percentage for the third performance period was 200%, determined on August 24, 2026
FY 2025 PRSU shares eligible to vest
45,372 shares of Class A Common Stock
Second performance period achievement was 121.93%, capped at 100%, determined on August 24, 2026
FY 2026 PRSU shares eligible to vest
34,194 shares of Class A Common Stock
First performance period achievement was 72.61%, determined on August 24, 2026
FY 2024 PRSU achievement percentage
200%
Third performance period total shareholder return outcome relative to NASDAQ Composite Index
FY 2025 PRSU uncapped achievement percentage
121.93%
Second performance period TSR result before being capped at 100% under terms of the award
FY 2026 PRSU achievement percentage
72.61%
First performance period TSR result for the FY 2026 PRSUs
Vesting date for PRSU shares
September 15, 2026
Date when the reported PRSU shares become eligible to vest, subject to continued service
Transaction date
August 24, 2026
Date Compensation Committee determined performance achievement and Form 4 transactions were recorded
Key Terms
performance-based restricted stock units, total shareholder return, NASDAQ Composite Index, achievement percentage, +1 more
5 terms
performance-based restricted stock units financial
"the Reporting Person was granted performance-based restricted stock units ("FY 2024 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.
achievement percentage financial
"the achievement percentage for the third performance period was 200%"
vesting date financial
"subject to the Reporting Person continuing to provide service to the Issuer through the vesting date"
FAQ
What insider transaction did Nutanix (NTNX) report for CEO Rajiv Ramaswami?
Nutanix reported that CEO Rajiv Ramaswami acquired three tranches of Class A Common Stock on August 24, 2026, totaling separate awards of 338,868, 45,372, and 34,194 shares, all arising from performance-based restricted stock units that became eligible to vest after meeting TSR performance conditions.
What performance awards underlie the August 24, 2026 Form 4 for NTNX?
The transactions relate to FY 2024, FY 2025, and FY 2026 performance-based restricted stock units granted on August 29, 2023, September 10, 2024, and November 10, 2025, respectively, each tied to Nutanix’s total shareholder return versus companies in the NASDAQ Composite Index.
What were the achievement percentages for Nutanix (NTNX) PRSUs in this Form 4?
For the FY 2024 PRSUs, the third performance period achievement was 200%. For FY 2025 PRSUs, the second period achievement was 121.93% but capped at 100%. For FY 2026 PRSUs, the first performance period achievement was 72.61%, all determined on August 24, 2026.
What performance metric governs the Nutanix (NTNX) PRSUs in this filing?
The PRSUs are based on total shareholder return of Nutanix over one-, two-, and three-year performance periods starting August 1 of 2023, 2024, and 2025, respectively, measured relative to companies in the NASDAQ Composite Index.
AI-generated analysis. How Rhea-AI works. Not financial advice.