RAMASWAMI RAJIV 4

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.