Maner Tarkan 4

What Happened

• Maner Tarkan, President and Chief Commercial Officer of Nutanix, had multiple restricted stock units (RSUs convert/derive) vest and convert into common shares on June 15, 2026. A total of 11,044 RSU-derived shares were converted (4,792 + 2,648 + 1,702 + 1,902). To satisfy tax withholding obligations, 3,965 shares were withheld by the issuer at $49.40 per share, totaling approximately $195,871. The remaining ~7,079 shares were issued to Mr. Tarkan (11,044 converted minus 3,965 withheld).
• This transaction is vesting/tax-withholding activity — not an open-market sell by the insider. The conversion lines show $0.00 exercise price because RSUs convert to shares without a cash exercise payment; the F-coded line reflects the share withholding to cover taxes.

Key Details

• Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (appears timely).
• Conversion totals: 11,044 RSU-derived shares converted to common stock (sum of 4,792 + 2,648 + 1,702 + 1,902).
• Shares withheld for taxes: 3,965 shares at $49.40 = $195,871 (reported as a disposition for tax withholding).
• Net shares delivered to insider: approximately 7,079 shares (11,044 converted − 3,965 withheld).
• Footnotes: Each RSU represents a right to one share; the grants vest in 16 equal quarterly installments (footnotes F2–F6) with varying initial vesting dates (Dec 15 of 2022–2025), subject to continued service.
• Filing timeliness: No late filing indicator in the provided data; filing date is two days after the transaction date.

Context

• These were RSU vesting and issuer share-withholding events (common to cover tax obligations). Not an open-market sale for cash proceeds to the insider beyond the withholding amount. Such withholding is routine and does not necessarily signal a change in insider sentiment.
• For retail investors, purchases are usually more informative; this record documents compensation vesting and required tax withholding rather than a discretionary sale or purchase.