Form 4: Nutanix Director Steven Gomo Reports Share Transfers and Sales

Director Steven Gomo reports gifts, transfers, and sales of Nutanix Class A Common Stock, along with adjustments to previously reported holdings.

Summary

• Steven Gomo, a director at Nutanix, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's Class A Common Stock.
• On October 5, 2021, Gomo gifted 80 shares to a donor advised fund.
• On October 6, 2021, Gomo gifted 3,200 shares to a donor advised fund.
• On October 25, 2021, Gomo gifted 300 shares to a donor advised fund.
• He transferred an aggregate of 32,462 shares to The Steven & Chris Gomo Trust ('Trust 1'), changing his ownership from direct to indirect.
• A previous Form 4 filed on December 12, 2023, overreported the amount of shares beneficially owned by 9 shares, which has been corrected in this filing.
• On December 8, 2021, 96,200 shares were transferred from Trust 1 to The Chris Gomo Legacy Trust ('Trust 2').
• On March 1, 2024, Gomo sold 25,000 shares at a weighted average price of $64.1086 per share, with prices ranging from $64.10 to $64.21.
• Following these transactions, Gomo indirectly owns 3,962 shares through Trust 1, 96,200 shares through Trust 2, and directly owns 6,088 shares.
• Gomo also holds rights to 6,088 shares through restricted stock units (RSUs) that will vest on the earlier of the day prior to the next annual meeting or the one-year anniversary of the grant date, contingent upon continued service to Nutanix.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The reporting person holds RSUs for 6,088 shares, vesting on the earlier of the day prior to the next annual meeting or the one-year anniversary of the grant date, contingent upon continued service to Nutanix.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in ownership structure.

Key Dates