4Filed Sep 24, 8:00 PM ET
Nutanix (NTNX) President/CCO Maner Tarkan Sells 69,778 Shares
$NTNX · Nutanix, Inc.Research Summary
AI-generated summary of this SEC filing
Nutanix (NTNX) President/CCO Maner Tarkan Sells 69,778 Shares
What Happened
- Maner Tarkan, President and Chief Commercial Officer of Nutanix (NTNX), sold 69,778 shares in an open-market transaction on 2026-09-24. The weighted average sale price was $68.23 per share, for total proceeds of approximately $4,761,176. This transaction is a sale (S) and is generally considered a routine insider sale rather than a purchase signal.
Key Details
- Transaction date: 2026-09-24; Form 4 filed: 2026-09-25 (timely).
- Price: Weighted average $68.23; reported range $68.20–$68.29 per share (footnote offers breakdown on request).
- Shares sold: 69,778; Total proceeds ≈ $4,761,176.
- Shares owned following the transaction: not specified in the information provided in this summary.
- Notable footnote: F1 states the Column 4 price is a weighted average and that the seller will provide the number of shares sold at each specific price within the $68.20–$68.29 range upon request.
- No 10b5-1 plan, option exercise, tax-withholding, or gift notation is indicated in the provided filing.
Context
- Sales by executives can be routine (diversification, tax planning, liquidity) and do not on their own indicate a change in company fundamentals. Purchases typically carry more direct signal value for investors. For a fuller view, compare this sale to recent insider activity, the insider’s remaining holdings (from the full Form 4), and company news or earnings.