Brian Stevens
On June 14, 2025, Brian Stevens submitted his resignation as a director of Nutanix, Inc. (the “Company”), effective as of June 16, 2025.
Highest-materiality recent filing
Nutanix Q3 FY2026: ARR $2.43B (+15% YoY), revenue $703M (+10%), beats guidance, raises FY outlook
ARR grew 15% YoY to $2.43B; revenue $703M (+10% YoY), exceeding guided high end.
Nutanix closes $150M private placement of 4.14M shares to AMD at $36.26/shr
Sold 4,136,789 Class A common shares to AMD for aggregate cash proceeds of ~$150M.
Nutanix boosts share repurchase authorization by $750M to ~$779M total
Board authorized $750M increase to existing buyback program, with ~$29M remaining, totaling ~$779M.
Nutanix board adopts amended bylaws with changes to advance notice and indemnification provisions
Second Amended and Restated Bylaws adopted March 24, 2026, effective immediately.
Nutanix reports Q2 FY2026 revenue beat, announces $150M AMD investment and AI partnership
Q2 revenue $722.8M (+10% YoY); GAAP operating income $84.1M, ARR $2.36B (+16%).
Nutanix appoints Tarkan Maner as President and Chief Commercial Officer
Mr. Maner, 56, previously CCO since Nov 2019, adds oversight of sales, marketing, and customer experience.
Nutanix launches $300M accelerated share repurchase with Bank of America
ASR agreement to repurchase $300M of common stock; funded with existing cash.
Nutanix stockholders approve amended equity plan with fixed 19.5M share reserve
Stockholders approved a reduced, fixed share reserve of 19,500,000 shares, down from prior evergreen pool.
Nutanix Q1 FY2026: ARR $2.28B (+18% YoY); revenue $670.6M (+13%); raises FCF guidance
ARR $2.28B (+18% YoY); revenue $670.6M (+13% YoY); operating cash flow $196.8M.
Nutanix sets FY2026 executive compensation: no salary changes, equity grants issued
Base salaries unchanged for CEO Rajiv Ramaswami, CFO Rukmini Sivaraman, CLO Brian Martin.
Nutanix appoints former Intel CTO Greg Lavender to board of directors
Appointment effective September 17, 2025; Lavender joins Security and Privacy Committee.
Q4 revenue $653.3M (+19% YoY); FY revenue $2.54B (+18% YoY).
Nutanix director Brian Stevens resigns; Eric Brandt joins board
Brian Stevens resigned as director effective June 16, 2025; no disagreement.
Nutanix beats Q3 FY2025 guidance: ARR up 18% to $2.14B, revenue +22%
Revenue $639.0M (+22% YoY); GAAP operating income $48.6M vs loss of $11.6M a year ago.
Nutanix appoints former Broadcom CFO Eric Brandt to board; David Humphrey resigns
Eric K. Brandt appointed to Nutanix board effective May 15, 2025.
Nutanix board adopts annual advisory vote on executive compensation after shareholder approval
Shareholders approved non-binding proposal for annual say-on-pay votes at Dec 13, 2024 annual meeting.
Nutanix Q2 FY2025: ARR $2.06B (+19% YoY), Revenue $654.7M (+16% YoY), beat guidance
ARR grew 19% YoY to $2.06B; average contract duration 3.0 years (vs 2.8 years YoY).
Nutanix enters $500M senior secured revolving credit facility maturing 2030
Credit agreement dated Feb 12, 2025 provides $500M aggregate principal, including $25M letter-of-credit sublimit.
Net proceeds of ~$844.5M; used $95.5M to repurchase $75M of existing 2027 notes and $200M to buy back 3.1M shares at $64.78/share.
Nutanix plans ~$500M revolving credit facility by Q1 2025 for general corporate purposes
Expects to enter into approximately $500 million revolving credit facility during the quarter ending March 31, 2025.
ARR reached $1.97B (+18% YoY); average contract duration 3.1 years (vs 2.9 years).
Nutanix sets FY2025 exec compensation; COO Sangster retires Oct 31
Rajiv Ramaswami base salary $800k, incentive 100% ($800k); RSUs 136,116 + PRSUs 136,116.
Nutanix COO David Sangster to retire Oct 31; will advise through Dec 31
COO David Sangster retires effective Oct 31, 2024; served in role since March 2019.
Nutanix Q4 ARR $1.91B (+22% YoY); first full year of positive GAAP operating income
Q4 revenue $548M (+11% YoY); ARR $1.91B (+22% YoY); ACV billings $338M (+21% YoY).
Nutanix Q3 FY2024: ARR $1.82B (+24% YoY), revenue $524.6M (+17%), beats guidance
ARR grew 24% YoY to $1.82B; ACV billings up 20% to $288.9M.
Nutanix Q2 FY24: Revenue $565M, ARR +26% YoY, first GAAP operating profit
ARR reached $1.74B, up 26% YoY; ACV billings $329.5M, up 23% YoY.
Nutanix CLO Tyler Wall to retire; transition agreement includes $1.35M severance
Tyler Wall, Chief Legal Officer since 2017, will retire effective June 30, 2024.
Nutanix grants CEO Rajiv Ramaswami performance-based RSUs with stock price and operational hurdles
Two tranches: 238,398 Stock Price PRSUs (target) and 327,083 Operational Metrics PRSUs (target).
Nutanix stockholders approve officer exculpation charter amendment; directors elected
Charter amendment approved with 156.2M for, 18.3M against, 41.1M broker non-votes.
Nutanix Q1 FY2024: ACV Billings +24% YoY to $287M; Non-GAAP OI $79.5M
ACV Billings $287.2M, up 24% YoY; ARR $1.66B, up 30% YoY.
Nutanix approves FY2024 executive compensation; CFO salary raised to $475K
CFO Rukmini Sivaraman's base salary increased from $450,000 to $475,000; CEO, COO, CLO salaries unchanged.
Nutanix Q4 ACV billings up 44% YoY, revenue up 28%; $350M buyback authorized
Q4 ACV billings $278.7M (+44% YoY); ARR $1.56B (+30% YoY).
Nutanix appoints former Citrix CEO Mark Templeton to board of directors
Board expanded from 8 to 9; Mark Templeton appointed as Class I director effective July 24, 2023.
Corrected $10.2M RSU tax withholding error; reduces Q3 operating expenses by $9.3M, cost of revenue by $0.9M.
Nutanix Q3 FY2023 ACV Billings +17% YoY, completes audit probe, files Q2 10-Q
Q3 ACV Billings $239.8M (+17% YoY); ARR $1.47B (+32%); Revenue $448.6M (+11%).
Nutanix receives Nasdaq deficiency notice for late Q1 FY2023 10-Q filing
Received Nasdaq letter on March 15, 2023 for failing to timely file Form 10-Q for quarter ended Jan 31, 2023.
Nutanix reports Q2 ACV billings up 23% YoY, but delays 10-Q due to software license investigation
ACV Billings $267.6M (+23% YoY); ARR $1.38B (+32%); Revenue $486.5M (+18%).
Proposal to declassify Board of Directors approved with ~158.8M for, 215K against; annual elections now effective.
Nutanix Q1 FY23: ACV billings +27% YoY, first positive non-GAAP operating income
ACV Billings $231.9M (+27% YoY), ARR $1.28B (+34% YoY), revenue $433.6M (+15% YoY).
Nutanix board amends bylaws: majority vote for directors, adds forum selection
Directors will be elected by majority of votes cast in uncontested elections, plurality in contested.
Nutanix to declassify board, adopt majority voting, remove supermajority provisions
Board will seek stockholder approval to declassify, moving to annual director elections by 2025.
Nutanix Q4 ACV Billings up 10% YoY, reports positive free cash flow of $23.2M
Q4 ACV Billings $193.2M (+10% YoY); full-year $756.3M (+27%).
Nutanix sets FY2023 compensation for CEO, CFO, COO, and CLO
CEO Rajiv Ramaswami: base salary $800,000, bonus target 100% ($800K), RSUs 275,302, PRSUs 275,302.
Nutanix cuts ~4% of workforce; expects $20-25M charge in Q1 FY23
Approximately 270 employees (~4% of workforce) to be let go as part of cost-cutting drive.
Nutanix appoints Andrew Brinded as CRO, updates FY2022 outlook upward
Andrew Brinded appointed CRO effective immediately, replacing Dominick Delfino who stepped down to pursue another opportunity.
Nutanix CAO Aaron Boynton to resign effective Aug 1; CFO to assume duties
CAO Aaron Boynton resigns to pursue other opportunity, effective Aug 1, 2022.
ACV billings $204.7M (+28% YoY); ARR $1.1B (+46% YoY); revenue $403.7M (+17% YoY).
Nutanix appoints Rukmini Sivaraman as CFO; reaffirms FY2022 guidance
Duston Williams resigns as CFO effective 4/30/22 to become CFO of a pre-IPO company; no disagreement with Nutanix.
Director Susan Bostrom resigns from Nutanix board; board size reduced to eight
Susan L. Bostrom resigned as Class I director effective March 30, 2022.
Nutanix Q2 FY2022: Revenue up 19% to $413.1M, ACV billings +37%
ACV billings $217.9M (+37% YoY); ARR $1.04B (+55% YoY).
On June 14, 2025, Brian Stevens submitted his resignation as a director of Nutanix, Inc. (the “Company”), effective as of June 16, 2025.
Additionally, David Humphrey resigned from Nutanix’s board of directors, effective May 15, 2025.
Nutanix (NASDAQ: NTNX ), a leader in hybrid multicloud computing, announced today that it has added Eric K. Brandt to its board of directors, effective May 15, 2025.
David Humphrey submitted his resignation as a director, effective as of May 15, 2025.
appointed Eric K. Brandt as a director.
David Sangster, Chief Operating Officer of Nutanix, Inc. (the “Company”), notified the Company of his decision to retire as Chief Operating Officer, effective October 31, 2024.
On February 6 , 2024, Tyler Wall, Chief Legal Officer of Nutanix, Inc. (the “Company”), notified the Company of his decision to retire as Chief Legal Officer.
appointed Mark Templeton as a Class I director
On March 30, 2022, Susan L. Bostrom, who currently serves as a Class I director of the Board of Directors (the “Board”) of Nutanix, Inc. (the “Company”), resigned from the Board, effective as of such date.
appointed Gayle Sheppard as a Class III director
Max materiality 0.90 · Median 0.65 · Most common event earnings