Form 4: Nutanix CEO Rajiv Ramaswami Sells 61,057 Shares Under 10b5-1 Trading Plan

Rajiv Ramaswami, President and CEO of Nutanix, Inc., sold 61,057 shares of Class A Common Stock at $79 per share on May 13, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Rajiv Ramaswami, the President and CEO of Nutanix, Inc., sold 61,057 shares of Class A Common Stock on May 13, 2025.
• The sale was executed at a price of $79 per share.
• The transaction was conducted automatically under a Rule 10b5-1 trading plan adopted by Ramaswami on September 9, 2024.
• Following the transaction, Ramaswami still beneficially owns 497,309 shares of Nutanix stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was part of a pre-planned trading arrangement and doesn't necessarily reflect a change in the executive's confidence in the company.

Industry Context

Insider sales are a common occurrence, especially when executed under pre-arranged trading plans like Rule 10b5-1. These plans allow insiders to sell shares over a period of time without being accused of trading on non-public information. The market typically views these sales in the context of the overall health and prospects of the company.

Stakeholder Impact

• The sale could have a minor negative impact on shareholder sentiment, although it is likely to be minimal given the pre-planned nature of the transaction.

Key Dates

Keywords

Nutanix, Rajiv Ramaswami, stock sale, Form 4, Rule 10b5-1, NTNX, CEO, insider trading