Maner Tarkan 4
4 · Nutanix, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Nutanix (NTNX) President Maner Tarkan Receives RSUs; Shares Withheld
What Happened
Maner Tarkan, President and Chief Commercial Officer of Nutanix (NTNX), had RSUs convert to 11,041 shares on March 15, 2026 (reported on Form 4 filed March 17, 2026). The conversion entries are coded as M (exercise/conversion of derivative) and show an acquisition price of $0.00 because these were RSU settlements. To satisfy withholding tax obligations (code F), 4,093 of those shares were withheld by the issuer at an implied value of $39.29 per share, totaling $160,814. This was not an open-market sale of shares—it was routine vesting and issuer tax withholding.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (filed within typical 2-business-day window).
- Shares converted (vested): 11,041 shares (sum of 4,791 + 2,647 + 1,701 + 1,902). Acquired at $0.00 (RSU conversion).
- Shares withheld for tax: 4,093 shares disposed to issuer at $39.29/share = $160,814 (tax withholding).
- Net shares delivered to insider: 11,041 − 4,093 = 6,948 shares (net increased position).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1 = shares withheld to satisfy tax withholding; F2 = each RSU equals one share; F3–F6 = RSU grants vest in 16 equal quarterly installments with first vesting dates on Dec 15 of 2022, 2023, 2024 and 2025 respectively.
Context
This is a standard RSU vesting and withholding event (derivative conversion followed by issuer withholding to cover taxes), not an open-market sale or purchase. Code explanations: M = exercise/conversion of derivative (here, RSU-to-share conversion); F = payment of tax liability via share withholding. Routine vesting and withholding transactions are common and do not alone indicate an insider buying or selling stock in the open market.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-03-15+4,791→ 101,836 total - Exercise/Conversion
Class A Common Stock
2026-03-15+2,647→ 104,483 total - Exercise/Conversion
Class A Common Stock
2026-03-15+1,701→ 106,184 total - Exercise/Conversion
Class A Common Stock
2026-03-15+1,902→ 108,086 total - Tax Payment
Class A Common Stock
[F1]2026-03-15$39.29/sh−4,093$160,814→ 103,993 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-15−4,791→ 9,584 total→ Class A Common Stock (4,791 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-03-15−2,647→ 15,885 total→ Class A Common Stock (2,647 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F5]2026-03-15−1,701→ 17,015 total→ Class A Common Stock (1,701 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F6]2026-03-15−1,902→ 26,627 total→ Class A Common Stock (1,902 underlying)
Footnotes (6)
- [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 December 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, 2023, 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, 2024, 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, 2025, subject to the Reporting Person continuing to provide service to the Issuer through each vesting date.