---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-003402"
form_type: "8-K"
ticker: "NTNX"
cik: "0001618732"
company_name: "Nutanix, Inc."
filed_at: "2024-01-09T23:59:59+00:00"
generated_at: "2026-06-07T01:31:15.919533+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nutanix grants CEO Rajiv Ramaswami performance-based RSUs with stock price and operational hurdles

## Summary
- Two tranches: 238,398 Stock Price PRSUs (target) and 327,083 Operational Metrics PRSUs (target).
- Stock price hurdles: $70 (100% payout), $80 (150%), $90 (200%) based on 90-day average closing price.
- Operational metrics based on annual recurring revenue and free cash flow targets; performance period through July 31, 2027.
- Vesting subject to continuous CEO service through September 15, 2027; up to 200% of target payout.
- Max payout capped at 100% if company TSR below 50th percentile of NASDAQ Composite during performance period.

## SEC filing metadata
- accession: 0000950170-24-003402
- form_type: 8-K
- ticker: NTNX
- cik: 0001618732
- company_name: Nutanix, Inc.
- filed_at: 2024-01-09T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618732/000095017024003402/0000950170-24-003402-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618732/000095017024003402/ntnx-20240107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-003402
- JSON: https://secwatch.observer/filing/0000950170-24-003402.json
- Plain text: https://secwatch.observer/filing/0000950170-24-003402.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.