Nutanix CEO Rajiv Ramaswami Files Form 144 to Sell $5.55M in Common Stock

Executive Summary

On October 7, 2026, Rajiv Ramaswami, President, Chief Executive Officer, and Director of Nutanix, Inc. ($NTNX), filed a Form 144 notice disclosing an intention to sell 75,045 shares of common stock through Morgan Stanley Smith Barney LLC. The proposed disposition represents an aggregate market value of approximately $5,553,330.00 at an implied share price of $74.00.

Transaction & Acquisition Context

• Securities to be Sold: 75,045 common shares
  • 47,970 shares acquired on September 15, 2024, as Performance Shares directly from the issuer.
  • 27,075 shares acquired on September 15, 2024, as Restricted Stock directly from the issuer.
• Trading Plan (Rule 10b5-1): The notice explicitly references a trading plan adopted on July 7, 2026, confirming that the sale is governed by a pre-established plan satisfying standard cooling-off requirements.
• Recent Selling Activity: In the 3-month lookback period, Mr. Ramaswami reported selling 324,955 shares on October 6, 2026, generating gross proceeds of $23,907,100.00.

Market & Ownership Impact

• Share Dilution / Float Impact: With 270,570,179 shares outstanding, this proposed sale of 75,045 shares constitutes less than 0.03% of total outstanding shares, representing minimal immediate market dilution.
• Trading Significance: Rated Medium. While the gross dollar value across both transactions ($29.46M over two days) is substantial, the sales are conducted under a pre-scheduled Rule 10b5-1 trading plan and stem from vested equity compensation (RSUs and PSUs), which mitigates negative discretionary signaling.