Nutanix CLO vests RSUs, 12.6K shares withheld
Nutanix’s Chief Legal Officer saw RSUs vest into common shares while 12,570 shares were withheld to cover tax obligations.
Rhea-AI Filing Summary
Nutanix, Inc. (NTNX) reported that Chief Legal Officer Brian Martin had Restricted Stock Units (RSUs) vest on September 15, 2026, resulting in the conversion of 2,825 and 1,902 RSUs into the same number of Class A common shares at no cash cost. In connection with RSU vesting, 12,570 shares of Class A common stock were withheld by Nutanix at a price of $67.99 per share to satisfy tax withholding obligations. The RSU awards vest over time in quarterly installments, contingent on continued service.
Positive
- None.
Negative
- None.
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 F2, F3 | 2,825 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 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 |
| Tax Withholding | Class A Common Stock F1 | 12,570 | $67.99 | $855K |
Holdings After Transaction:
Restricted Stock Units — 45,423 contracts (Direct);
Class A Common Stock — 28,676 shares (Direct)
Footnotes (4)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations arising from the vesting of Reporting Person's Restricted Stock Units, or RSUs.
- F2. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
- F3. 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.
- F4. 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 converted (first grant): 2,825 units/shares
RSUs converted (second grant): 1,902 units/shares
Shares withheld for taxes: 12,570 shares
+3 more
6 metrics
RSUs converted (first grant)
2,825 units/shares
RSUs converted into Class A common stock on September 15, 2026
RSUs converted (second grant)
1,902 units/shares
RSUs converted into Class A common stock on September 15, 2026
Shares withheld for taxes
12,570 shares
Shares withheld to satisfy tax withholding obligations on September 15, 2026
Tax withholding price per share
$67.99 per share
Value used for shares withheld to cover tax liabilities
Initial cliff vesting portion
25%
One RSU grant vested 25% of underlying shares on September 15, 2025
Quarterly vesting installments
16 installments
RSUs vest in 16 equal quarterly installments starting December 15, 2025
Key Terms
Restricted Stock Units, Class A common stock, tax withholding obligations, quarterly installments
4 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"
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.
Class A common stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations arising from the vesting"
quarterly installments financial
"The RSUs vest in 16 equal quarterly installments, with the first of such quarterly installments"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity activity did NTNX report for Chief Legal Officer Brian Martin?
Nutanix reported that 2,825 and 1,902 RSUs held by Chief Legal Officer Brian Martin vested on September 15, 2026 and were converted into the same number of Class A common shares at no cash cost, as part of his equity compensation.
Were any of Brian Martin’s NTNX transactions under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and there is no footnote stating that the September 15, 2026 transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
What vesting schedule applies to Brian Martin’s NTNX RSUs that vested on September 15, 2026?
One RSU grant vested 25% of the underlying shares on September 15, 2025, with 1/16 of the remaining shares vesting quarterly thereafter. Another RSU grant vests in 16 equal quarterly installments beginning December 15, 2025, subject to his continued service.
What types of NTNX securities are involved in Brian Martin’s filing?
The filing involves Restricted Stock Units (RSUs), each representing a right to receive one share of Class A common stock, and the resulting Class A common shares issued upon RSU vesting, plus shares withheld to meet associated tax liabilities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
