Sivaraman Rukmini 4

4 · Nutanix, Inc. · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Nutanix CFO Sivaraman Rukmini Exercises RSUs; Withholds Shares

What Happened

Sivaraman Rukmini, Chief Financial Officer of Nutanix (NTNX), had RSUs vest and convert into a total of 22,150 shares on March 15, 2026. Because these were RSU conversions (no exercise price), the acquisition entries show $0 per share.
To satisfy tax withholding on the vested RSUs, 8,064 shares were withheld by the issuer at a reported value of $39.29 per share, totaling approximately $316,835. The remaining vested shares (about 14,086) were retained by Rukmini.

Key Details

Transaction date: 2026-03-15 (reported on Form 4 filed 2026-03-17).
Conversion (derivative code M): 22,150 RSUs converted to common shares at $0 per share (each RSU equals one share per footnote).
Tax withholding (code F): 8,064 shares withheld at $39.29/share → ~$316,835 withheld to cover taxes.
Footnotes: Multiple RSU grants converted; each grant vests in 16 equal quarterly installments with varying initial vest dates (see F3–F7). F1 confirms shares were withheld to satisfy tax withholding.
Shares owned after transaction: Not specified in the provided summary of the filing.
Filing timeliness: Form 4 was filed two days after the transaction date (no late filing indicated in the provided data).

Context

These were RSU vesting and conversion events (not open-market purchases or sales). Withholding of shares to cover taxes is routine and not a market sale — it’s a common way companies satisfy withholding obligations on vested equity.
Transaction codes: M = option/derivative conversion (here, RSU → share conversion); F = shares withheld to pay tax liability.
This activity is typical executive compensation administration and should not be interpreted, by itself, as a signal of the officer’s view of company prospects.

Form 4

Period: 2026-03-15

Chief Financial Officer

Transactions

Exercise/Conversion
Class A Common Stock
2026-03-15+4,760→ 270,296 total
Exercise/Conversion
Class A Common Stock
2026-03-15+6,250→ 276,546 total
Exercise/Conversion
Class A Common Stock
2026-03-15+4,766→ 281,312 total
Exercise/Conversion
Class A Common Stock
2026-03-15+2,978→ 284,290 total
Exercise/Conversion
Class A Common Stock
2026-03-15+3,396→ 287,686 total
Tax Payment
Class A Common Stock
[F1]
2026-03-15$39.29/sh−8,064$316,835→ 279,622 total
Exercise/Conversion
Restricted Stock Units
[F2][F3]
2026-03-15−4,760→ 4,761 total
→ Class A Common Stock (4,760 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F4]
2026-03-15−6,250→ 12,500 total
→ Class A Common Stock (6,250 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F5]
2026-03-15−4,766→ 28,592 total
→ Class A Common Stock (4,766 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F6]
2026-03-15−2,978→ 29,775 total
→ Class A Common Stock (2,978 underlying)
Exercise/Conversion
Restricted Stock Units
[F2][F7]
2026-03-15−3,396→ 47,547 total
→ Class A Common Stock (3,396 underlying)

Footnotes (7)

[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 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.
[F4]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.
[F5]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.
[F6]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.
[F7]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.

Signature

/s/ Raymond Hum, Attorney in Fact|2026-03-17

1 file