Nutanix (NASDAQ: NTNX) CFO exercises RSUs, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nutanix, Inc. Chief Financial Officer Rukmini Sivaraman reported the vesting of multiple Restricted Stock Unit awards on March 15, 2026, exercising derivative awards into 22,150 shares of Class A common stock at an exercise price of $0.00 per share. To satisfy tax withholding obligations from these RSU vestings, the issuer withheld 8,064 shares at a price of $39.29 per share instead of taking cash. After these compensation-related transactions, Sivaraman directly holds 279,622 shares of Nutanix Class A common stock. Footnotes explain that each RSU represents one share and that the RSU grants vest in 16 equal quarterly installments starting on dates ranging from September 15, 2022 through December 15, 2025, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,150 shares exercised/converted
Mixed
11 txns
Insider
Sivaraman Rukmini
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,760 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,250 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,766 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,978 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,396 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,760 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,250 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,766 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,978 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,396 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 8,064 | $39.29 | $317K |
Holdings After Transaction:
Restricted Stock Units — 4,761 shares (Direct);
Class A Common Stock — 270,296 shares (Direct)
Footnotes (1)
- 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 vest in 16 equal quarterly installments, with the first of such quarterly installments having vested on September 15, 2022, 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, 2022, 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, 2023, 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, 2024, 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.
FAQ
What insider transaction did Nutanix (NTNX) disclose for its CFO?
Nutanix disclosed that CFO Rukmini Sivaraman had several Restricted Stock Unit awards vest, converting into 22,150 shares of Class A common stock. These are compensation-related equity awards, not open-market purchases, and reflect scheduled vesting tied to continued service with the company.
How were taxes handled for the Nutanix CFO’s RSU vesting?
To cover tax withholding obligations arising from the RSU vesting, Nutanix withheld 8,064 shares from the CFO at a price of $39.29 per share. This share withholding is a tax-settlement mechanism and is not treated as an open-market sale by the executive.
How do the Nutanix CFO’s RSUs vest over time?
The RSU grants vest in 16 equal quarterly installments, with first vesting dates on September 15, 2022, December 15, 2022, December 15, 2023, December 15, 2024, and December 15, 2025. Continued service with Nutanix through each vesting date is required for each tranche.
Is the Nutanix CFO’s Form 4 transaction a routine compensation event?
Yes. The Form 4 reflects scheduled vesting of RSU awards and associated tax withholding by Nutanix. There are no open-market buys or sells reported, indicating these are standard equity compensation events rather than discretionary trading decisions by the CFO.