Nutanix Files 8-K Report
Ticker: NTNX · Form: 8-K · Filed: Sep 12, 2024 · CIK: 1618732
| Field | Detail |
|---|---|
| Company | Nutanix, INC. (NTNX) |
| Form Type | 8-K |
| Filed Date | Sep 12, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.000025, $10,000, $800,000, $520,000, $475,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure
Related Tickers: NTNX
TL;DR
Nutanix dropped an 8-K on 8/26, details TBD.
AI Summary
On August 26, 2024, Nutanix, Inc. filed an 8-K report to disclose information regarding an event. The filing does not contain specific details about the event itself, but rather serves as a notification of its occurrence. Further information is expected to be provided in subsequent filings or through other official channels.
Why It Matters
This filing indicates a material event has occurred for Nutanix, Inc., which could impact investors' understanding of the company's current status and future prospects.
Risk Assessment
Risk Level: low — The filing is a standard procedural disclosure and does not contain negative information or specific financial impacts.
Key Players & Entities
- Nutanix, Inc. (company) — Registrant
- August 26, 2024 (date) — Date of earliest event reported
FAQ
What specific event is Nutanix, Inc. reporting in this 8-K filing?
The filing does not specify the exact nature of the event, only that an event occurred on or before August 26, 2024.
When was the earliest event reported by Nutanix, Inc. in this filing?
The earliest event reported was on August 26, 2024.
What is the principal executive office address for Nutanix, Inc.?
The principal executive offices are located at 1740 Technology Drive, Suite 150, San Jose, California 95110.
What is the telephone number for Nutanix, Inc.?
The telephone number is (408) 216-8360.
What is the Standard Industrial Classification (SIC) code for Nutanix, Inc.?
The SIC code is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 1,330 words · 5 min read · ~4 pages · Grade level 13 · Accepted 2024-09-12 16:05:14
Key Financial Figures
- $0.000025 — hich registered Class A Common Stock, $0.000025 par value per share NTNX The Nasdaq
- $10,000 — rement date until December 31, 2024 for $10,000 per month. Fiscal Year 2025 Annual Ba
- $800,000 — Annual Base Salary Rajiv Ramaswami $800,000 Rukmini Sivaraman $520,000 David
- $520,000 — aswami $800,000 Rukmini Sivaraman $520,000 David Sangster $475,000* Brian Ma
- $475,000 — Sivaraman $520,000 David Sangster $475,000* Brian Martin $475,000 * Mr. Sang
- $520,000 B — ivaraman 100% of annual base salary $520,000 Brian Martin 75% of annual base salary
- $356,250 — an Martin 75% of annual base salary $356,250 * The equivalent dollar amounts are c
- $267.30 — he Achievement Percentage cannot exceed $267.30. SIGNATURES Pursuant to the require
Filing Documents
- ntnx-20240826.htm (8-K) — 59KB
- 0000950170-24-105903.txt ( ) — 180KB
- ntnx-20240826.xsd (EX-101.SCH) — 32KB
- ntnx-20240826_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. The Compensation Committee (the "Compensation Committee") of the Board of Directors of Nutanix, Inc. (the "Company"), following its annual review of executive compensation, approved fiscal year 2025 annual base salaries, annual incentive targets and annual equity grants for the Company's executive officers: (i) Rajiv Ramaswami, the Company's President and Chief Executive Officer, (ii) Rukmini Sivaraman, the Company's Chief Financial Officer, (iii) David Sangster, the Company's Chief Operating Officer, and (iv) Brian Martin, the Company's Chief Legal Officer. As previously reported in the Company's Current Report on Form 8-K filed on September 3, 2024, Mr. Sangster notified the Company of his decision to retire as Chief Operating Officer, effective October 31, 2024. Accordingly, Mr. Sangster's fiscal year 2025 annual base salary will be prorated for the days he will be employed until his retirement, and Mr. Sangster will not be eligible for a fiscal year 2025 annual incentive or a fiscal year 2025 annual equity award. As previously reported, as part of Mr. Sangster's transition, the Company and Mr. Sangster have entered into a Senior Advisor Agreement under which he will provide advisory services to the Company following his retirement date until December 31, 2024 for $10,000 per month. Fiscal Year 2025 Annual Base Salaries On August 26, 2024, the Compensation Committee approved the following annual base salaries for the Company's executive officers, effective as of August 1, 2024: Name Annual Base Salary Rajiv Ramaswami $800,000 Rukmini Sivaraman $520,000 David Sangster $475,000* Brian Martin $475,000 * Mr. Sangster's base salary will be prorated for the days he will be employed until his retirement on October 31, 2024. Fiscal Year 2025 Annual Incentive Targets Mr. Ramaswami, Ms. Sivaraman, and Mr. Martin will participate in the Company's Executive Incentive Compensation Plan for fiscal year 2025. Their fiscal
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NUTANIX, INC. Date: September 12, 2024 By: /s/ Brian Martin Brian Martin Chief Legal Officer