4/A: Nutanix CEO Rajiv Ramaswami Corrects Shareholding Figures in Amended SEC Filing
SEC Filing (Form 4/A)
Rajiv Ramaswami, CEO of Nutanix, files an amended SEC Form 4/A to correct the number of shares withheld for tax obligations and the resulting beneficial ownership after restricted stock units vested.
Summary
- Rajiv Ramaswami, the President and CEO of Nutanix, Inc., filed an amended Form 4/A with the SEC on February 6, 2025.
- This amendment corrects a previous filing from December 17, 2024, regarding changes in beneficial ownership.
- The correction pertains to the number of shares withheld by Nutanix to cover tax obligations arising from the vesting of Ramaswami's Restricted Stock Units (RSUs).
- The amended form updates the number of shares withheld on December 15, 2024, from 58,415 to 71,134.
- Consequently, the number of shares beneficially owned following the transaction is corrected from 712,935 to 700,216.
- Subsequent amounts appearing on Table I, Column 5, Row 8 and Row 9 are corrected from 665,136 to 652,417 and from 649,034 to 636,315 respectively.
- All other information in the original Form 4 remains unchanged.
Sentiment
Score: 7
Explanation: The document is a routine correction of a regulatory filing. It doesn't indicate any fundamental issues with the company, but the need for correction suggests a minor oversight.
Industry Context
This filing is a routine disclosure related to executive compensation and share ownership, common for publicly traded companies like Nutanix. It provides transparency to investors regarding the holdings of key executives.
Stakeholder Impact
- Shareholders receive corrected information regarding the CEO's share ownership.
- The filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 12/15/2024 | Date of the transaction involving the withholding of shares for tax obligations. |
| 12/17/2024 | Date of the original Form 4 filing that is being amended. |
| 02/06/2025 | Date of the amended Form 4/A filing. |
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