Nutanix CLO Awarded Shares Based on Performance Metrics
Nutanix, Inc.
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Filing Summary
Nutanix (NTNX) insider Brian Martin (Chief Legal Officer) was awarded 22,489 shares of Class A Common Stock at $0.00 per share. Martin now directly owns 36,519 shares.
Comprehensive Analysis
Brian Martin, Chief Legal Officer of Nutanix, Inc., was awarded a total of 22,489 shares of Class A Common Stock. The transaction, coded 'A', indicates an award and was executed at a price of $0.00 per share.
This acquisition is related to the vesting of two separate grants of performance-based restricted stock units (PRSUs):
- 15,124 shares from the FY 2025 PRSU grant, which achieved its performance target for the second performance period (capped at 100% achievement).
- 7,365 shares from the FY 2026 PRSU grant, which achieved 72.61% of its target for the first performance period.
Both tranches of shares are scheduled to formally vest on September 15, 2026, contingent upon continued service. This transaction reflects a compensation-related event based on company performance rather than an open-market trade. Following these awards, Martin's direct holdings in the company increased to 36,519 shares.
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