Nutanix Director Teresa Sheppard Sells 3,500 Shares Under Rule 10b5-1 Plan

Executive Summary

On October 9, 2026, Teresa Gayle Sheppard, a Director at Nutanix, Inc. ($NTNX), executed open-market sales totaling 3,500 shares of Class A Common Stock for aggregate gross proceeds of approximately $257,861. Following the transactions, Sheppard directly holds 23,488 shares (which includes 4,588 unvested RSUs).

Transaction Breakdown

• Tranche 1: 2,800 shares sold at a weighted average price of $73.557 (range: $73.06 to $74.00), totaling $205,959.60.
• Tranche 2: 700 shares sold at a weighted average price of $74.145 (range: $74.11 to $74.19), totaling $51,901.50.
• Total Disposed: 3,500 shares at a blended average price of ~$73.67.

Plan & Governance Context

Both transactions were carried out pursuant to a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on July 10, 2026. The affirmative defense checkbox for Rule 10b5-1 was selected.

Market & Signaling Implications

The market significance of this filing is categorized as Low. The disposition constitutes a small fraction of the insider's holdings, amounts to a routine dollar value (~$258K), and was conducted automatically under a 10b5-1 plan established three months prior, indicating standard scheduled liquidity rather than a sentiment-driven trade.