CEO Rajiv Ramaswami Files to Sell $23.9M in Nutanix Stock
NTNX has more than doubled off its 52-week low of $34.01.
Summary
CEO Rajiv Ramaswami filed to sell 324,955 shares (~$23.9M) under a pre-existing 10b5-1 plan adopted July 7, 2026; he later sold 400,000 shares for $29.5 million under the plan, leaving 634,849 shares.
Updated with an SEC 4 filing · What changed
Updates
· SEC 4 — CEO Rajiv Ramaswami sold 400,000 shares for $29.5 million under his 10b5-1 plan, leaving 634,849 shares.
Key Events · Ownership and Investor Activity · NTNX
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Updated · · SEC 4
CEO Sells 400,000 Shares for $29.5M
Rajiv Ramaswami filed a Form 144 to sell 324,955 shares worth approximately $23.9 million under a 10b5-1 plan adopted July 7, 2026. He later sold 400,000 shares for $29.5 million under the plan, leaving 634,849 shares.
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Largest Insider Sale Notice in 90 Days
This is the largest Form 144 in the recent window, exceeding the prior CFO sale (~$2.67M) and President sale (~$4.76M).
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Pre-Planned 10b5-1 Sale
The sale is executed under a 10b5-1 trading plan adopted July 7, 2026, which reduces the informational value of the sale.
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Context: Strong Results, But Governance Concerns
The filing follows strong FY26 results and a $150M AMD investment, but also a workforce reduction and a newly disclosed DOJ investigation.
Analysis · NTNX · Technology
A Form 144 filed by CEO Rajiv Ramaswami disclosed plans to sell 324,955 shares worth approximately $23.9 million under a 10b5-1 plan adopted July 7, 2026. He subsequently sold 400,000 shares for $29.5 million under the plan, leaving 634,849 shares. This is the largest insider sale notice in the recent 90-day window and comes from the company's top executive, making it a more significant signal than the prior CFO and President sales. The sale is pre-planned under a 10b5-1 plan, which reduces the informational value somewhat, but the size and the CEO's role elevate its importance. The filing follows a period of strong financial results and a $150 million AMD investment, but also a workforce reduction and a DOJ investigation disclosure.
How filings like this one have moved
In the 30 days to Oct 9, 2026, 28.5% of the 1660 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.51%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NTNX was trading at $73.41 on NASDAQ in the Technology sector, with a market capitalization of approximately $19.9B. The 52-week trading range was $34.01 to $77.90. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.