CEO Rajiv Ramaswami Sells $29.5M in Nutanix Stock Under 10b5-1 Plan
NTNX has more than doubled off its 52-week low of $34.01.
Summary
Nutanix CEO Rajiv Ramaswami sold 400,000 shares for $29.46 million under a pre-existing 10b5-1 plan, exceeding the previously noticed amount by ~23%.
Key Events · Ownership and Investor Activity · NTNX
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CEO Sells $29.5M in Stock
Rajiv Ramaswami sold 400,000 shares for $29,460,437 across three transactions on October 6-7, 2026, at prices ranging from $72.70 to $74.00.
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Sale Exceeds Prior Notice
The executed sale is ~23% larger than the 324,955 shares (~$23.9M) noticed via Form 144 on October 6, 2026, increasing the supply overhang.
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10b5-1 Plan Execution
The sale was executed automatically under a Rule 10b5-1 trading plan adopted July 7, 2026, removing insider discretion from the timing.
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Post-Sale Ownership
Ramaswami retains 634,849 shares directly following the transactions, down from approximately 1,034,849 shares before the sales.
Analysis · NTNX · Technology
CEO Rajiv Ramaswami sold 400,000 shares for $29.46 million on October 6-7 under a pre-existing 10b5-1 plan adopted July 7, 2026. The executed sale is roughly 23% larger than the 324,955 shares (~$23.9M) he had noticed via Form 144 on October 6, meaning the market is absorbing more supply than initially signaled. The sale occurred near the 52-week high of $74.42, with prices ranging from $72.70 to $74.00. While the 10b5-1 plan removes discretion from the timing, the size and CEO status make this a notable distribution event, especially against a backdrop of other insider sales and the recent departure of President Tarkan Maner.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 28.6% of the 1679 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. 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 $73.11 on NASDAQ in the Technology sector, with a market capitalization of approximately $19.8B. The 52-week trading range was $34.01 to $74.42. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.