RAMASWAMI RAJIV 4
4 · Nutanix, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Nutanix (NTNX) CEO Rajiv Ramaswami Exercises RSUs, Withholds Shares for Taxes
What Happened
Rajiv Ramaswami, CEO of Nutanix (NTNX), had a set of restricted stock units (RSUs) vest and converted into a total of 50,429 shares on March 15, 2026 (derivative code M). To satisfy tax withholding obligations, 23,428 of those shares were withheld by the issuer at a price of $39.29 per share, resulting in withholding of approximately $920,486 (transaction code F). No open-market sale of remaining shares is reported in the supplied filing.
Key Details
- Transaction date: March 15, 2026; Form 4 filed March 17, 2026 (reporting period Mar 15, 2026). No indication in the supplied data that the filing was late.
- Derivative activity: 50,429 RSUs converted to shares (multiple entries coded M with $0 exercise price reflecting RSU vesting).
- Tax withholding: 23,428 shares withheld at $39.29/share → ~$920,486 (coded F for tax withholding).
- Shares owned after transaction: Not specified in the supplied filing summary.
- Relevant footnotes: F1 = shares withheld to satisfy tax withholding; F2–F6 = each RSU equals one share and vest in 16 equal quarterly installments across multiple grant vintages (first installments noted Dec 15 of 2022, 2023, 2024, and 2025).
Context
These entries reflect RSU vesting and conversion rather than a cash purchase or a voluntary open-market sale. Withholding shares to cover taxes is a routine administrative step (a form of "net settlement") and not necessarily a signal about the CEO's view of the stock. Transaction codes: M = exercised/converted derivative (RSU vesting), F = shares withheld for tax withholding.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-03-15+17,207→ 565,085 total - Exercise/Conversion
Class A Common Stock
2026-03-15+15,885→ 580,970 total - Exercise/Conversion
Class A Common Stock
2026-03-15+8,507→ 589,477 total - Exercise/Conversion
Class A Common Stock
2026-03-15+8,830→ 598,307 total - Tax Payment
Class A Common Stock
[F1]2026-03-15$39.29/sh−23,428$920,486→ 574,879 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-15−17,207→ 34,413 total→ Class A Common Stock (17,207 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F4]2026-03-15−15,885→ 95,307 total→ Class A Common Stock (15,885 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F5]2026-03-15−8,507→ 85,073 total→ Class A Common Stock (8,507 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F6]2026-03-15−8,830→ 123,623 total→ Class A Common Stock (8,830 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.