Maner Tarkan 4
4 · Nutanix, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Nutanix (NTNX) President Maner Tarkan Sells Shares
What Happened
Maner Tarkan, President and Chief Commercial Officer of Nutanix (NTNX), reported open-market sales totaling 49,259 shares for approximately $2,666,778. The filing shows two disposals: 18,653 shares on 2026-05-29 at a weighted average price of $52.24 (proceeds ~$974,487) and 30,606 shares on 2026-06-01 at a weighted average price of $55.29 (proceeds ~$1,692,291). These were sales (not purchases), which are often routine insider liquidity events rather than a direct signal of company outlook.
Key Details
- Transaction dates and reported weighted-average prices:
- 2026-05-29: 18,653 shares sold @ $52.24 (weighted avg; per footnote prices ranged $52.21–$52.335).
- 2026-06-01: 30,606 shares sold @ $55.29 (weighted avg; per footnote prices ranged $55.26–$55.39).
- Total shares sold: 49,259; approximate total proceeds: $2,666,778.
- Shares acquired previously: footnote notes 331 shares were acquired under Nutanix’s ESPP on 2026-03-20 (F2).
- Filing: Form 4 filed 2026-06-02 covering transactions through 2026-05-29/06-01; filing appears timely under the two-business-day rule.
- No 10b5-1 plan, tax-withholding, or other special instructions are disclosed in the provided footnotes beyond the weighted-average price explanations (F1, F3).
Context
Sales by executives can be for personal liquidity, diversification, or other non-fundamental reasons; they are common and do not by themselves indicate company performance. Footnotes clarify the reported prices are weighted averages across multiple trades and provide the per-trade price ranges if requested.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-29$52.24/sh−18,653$974,487→ 85,671 total - Sale
Class A Common Stock
[F3]2026-06-01$55.29/sh−30,606$1,692,291→ 55,065 total
Footnotes (3)
- [F1]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $52.21 to $52.335 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Includes 331 shares of Class A Common Stock acquired under the Nutanix, Inc. Employee Stock Purchase Plan on March 20, 2026.
- [F3]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $55.26 to $55.39 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.