Nutanix (NTNX) Chief Legal Officer Martin Brian Receives Award

What Happened Martin Brian, Chief Legal Officer of Nutanix (NTNX), was reported as acquiring two awards on Aug 24, 2026: 15,124 and 7,365 performance-based restricted stock units (PRSUs), for a total of 22,489 shares. Each grant shows an acquisition price of $0.00 (these are compensation awards, not open‑market purchases), and the shares are eligible to vest on September 15, 2026 subject to performance outcomes and the Reporting Person’s continued service.

Key Details

• Transaction date recorded: Aug 24, 2026 (Form 4 filed Aug 26, 2026). Transaction code: A (award/grant).
• Grants: 15,124 PRSUs and 7,365 PRSUs — total 22,489 PRSUs; acquisition price $0.00; total cash paid = $0.
• Vesting eligibility date: September 15, 2026, contingent on continued service and performance metrics.
• Performance determinations (as of Aug 24, 2026):
  • FY 2025 PRSUs (granted Sept 10, 2024): second-period achievement calculated at 121.93% but capped at 100% (per plan), making those 15,124 shares eligible to vest.
  • FY 2026 PRSUs (granted Nov 10, 2025): first-period achievement 72.61%, making those 7,365 shares eligible to vest.
• Shares owned after the transaction are not specified in the provided filing.
• No 10b5-1 plan, tax-withholding sale, or late-filing flag noted in the provided data.

Context These are performance-based equity awards tied to Nutanix’s total shareholder return relative to the NASDAQ Composite over one-, two- and three-year periods. Because they are conditional PRSUs (not open-market purchases or sales), they reflect compensation and vesting outcomes rather than an immediate buy/sell decision by the insider. The Form 4 appears timely (filed two days after the report date); no speculative conclusions about motivation should be drawn from the award itself.