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Tech — Software

Nutanix Executive Compensation (FY26)

NTNX · San Jose, CA · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
Rajiv Ramaswami
Latest say-on-pay support
=
December 12, 2025
Chief executive pay ratio
◇
To the median employee
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Data as of November 12, 2026Latest filing (DEF 14A): October 20, 2026
15 filings cited on this page
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265 figures on this page: 257 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Rajiv Ramaswami: $22,569,085 → $29,485,213 (30.6% higher)
Say-on-pay support: 73.0% → 91.8% (18.8 points higher)
CEO pay ratio: 153:1 → 201:1 (31.4% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Nutanix's chief executive and what were they paid?
Rajiv Ramaswami was paid $29,485,213 in total compensation as CEO for fiscal 2026. Ramaswami's total moved 30.6% higher from the $22,569,085 reported for fiscal 2025.
What was Nutanix's say-on-pay result?
The say-on-pay proposal drew 91.8% of votes cast including abstentions in favor at the meeting held December 12, 2025 for fiscal 2025.
Which companies are in Nutanix's peer group?
Companies named in the disclosed peer group include Cloudflare, Datadog, Dropbox, Dynatrace and Elastic N.V., among others. Companies named in the Fiscal Year 2027 Peer Group include Akamai Technologies, Commvault Systems and DocuSign.
What is Nutanix's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2026 is 201:1, against median employee compensation of $146,606.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rajiv Ramaswami
President and Chief Executive Officer
◇—◇—◇——◇
Rukmini Sivaraman
Chief Financial Officer
◇—◇—◇——◇
Duston Williams
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇——◇
David Sangster
Chief Operating Officer
◇—◇—◇——◇
Tyler Wall
Chief Legal Officer
◇—◇—◇——◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rajiv Ramaswami
President and Chief Executive Officer
◇—◇—◇——◇
David Sangster
Chief Operating Officer
◇—◇—◇——◇
Rukmini Sivaraman
Chief Financial Officer
◇—◇—◇——◇
Tyler Wall
Former Chief Legal Officer
Departed during or after this year
◇—◇—◇——◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rajiv Ramaswami
President and Chief Executive Officer
◇—◇—◇—◇◇
Rukmini Sivaraman
Chief Financial Officer
◇—◇—◇—◇◇
Tyler Wall
Former Chief Legal Officer
Departed during or after this year
◇—◇———◇◇
David Sangster
Former Chief Operating Officer
Departed during or after this year
◇—◇—◇—◇◇
Brian Martin
Chief Legal Officer
◇—◇—◇——◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rajiv Ramaswami
CEO
◇—◇—◇—◇◇
Rukmini Sivaraman
Chief Financial Officer
◇—◇—◇—◇◇
Brian Martin
Chief Legal Officer
◇—◇—◇—◇◇
David Sangster
Former Chief Operating Officer
Departed during or after this year
◇——————◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rajiv Ramaswami
CEO
◇—◇—◇—◇◇
Rukmini Sivaraman
Chief Financial Officer
◇—◇—◇—◇◇
Brian Martin
Chief Legal Officer
◇—◇—◇—◇◇
Tarkan Maner
Former President and Chief Commercial Officer
Departed during or after this year
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brian MartinRSU◇——◇——◇
Brian MartinPSU◇◇◇—◇—◇
Rajiv RamaswamiPSU◇◇◇—◇—◇
Rajiv RamaswamiRSU◇——◇——◇
Rukmini SivaramanPSU◇◇◇—◇—◇
Rukmini SivaramanRSU◇——◇——◇
Tarkan ManerPSU◇◇◇—◇—◇
Tarkan ManerRSU◇——◇——◇
Fiscal 2022, 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Rajiv RamaswamiPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Rukmini SivaramanPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Brian MartinPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Tarkan ManerPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Brian Martin
Chief Legal Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Rukmini Sivaraman
Chief Financial Officer · Terms as described in the company’s compensation discussion
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Virginia Gambale
Board chair
◇◇————◇
Greg Lavender
◇◇————◇
Steven J. Gomo
◇◇————◇
Mark Templeton
◇◇————◇
Gayle Sheppard
◇◇————◇
Max de Groen
◇◇————◇
Eric K. Brandt
◇◇————◇
Craig Conway
◇◇————◇
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Cloudflare NET
  • Datadog DDOG
  • Dropbox DBX
  • Dynatrace DT
  • Elastic N.V. ESTC
  • Everpure symbol not shown
  • F5 Networks FFIV
  • Guidewire Software GWRE
  • HubSpot HUBS
  • MongoDB MDB
  • NetApp NTAP
  • Okta OKTA
  • Pegasystems PEGA
  • PTC PTC
  • Snowflake SNOW
  • Twilio TWLO
  • Zscaler ZS
Fiscal Year 2027 Peer Group
  • Akamai Technologies AKAM
  • Commvault Systems CVLT
  • DocuSign DOCU

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025December 12, 2025=◇◇◇
2024December 13, 2024=◇◇◇
2023December 8, 2023=◇◇◇
2022December 9, 2022=◇◇◇
2021December 10, 2021=◇◇◇
2020December 11, 2020=◇◇◇
2019December 13, 2019=◇◇◇
2018December 17, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Rajiv Ramaswami (CEO), FY2026 total compensation $29,485,213 (base salary $800,000) [exec_comp, SEC accession 0001193125-26-426829, filed 2026-10-20]

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What this page does not include

Everything above is a fact Nutanix disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Nutanix sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $299
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $299
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $299
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
265 figures on this page: 257 cited to the filing that reported them, 8 calculated from figures it prints.
257 cited to the filing
8 calculated from the filing

Documents cited

  1. 0001193125-26-426829
    CEO Pay Ratio · Director Compensation · Executive Compensation Tables
  2. 0001193125-25-319180
    Proposal 3 – Non-Binding Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers .
  3. 0001193125-25-246962
    Executive Compensation Tables
  4. 0001193125-24-279708
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001308179-24-000763
    Fiscal Year 2025 Summary Compensation Table · Summary Compensation Table
  6. 0000950170-24-108159
    EX-10.18
  7. 0000950170-23-069686
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001308179-23-001040
    Summary Compensation Table
  9. 0000950170-22-026399
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001308179-22-000381
    Fiscal Year 2022 Summary Compensation Table
  11. 0001157523-22-000417
    EX-10.14
  12. 0000950170-21-005219
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001618732-20-000177
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001618732-19-000136
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001618732-18-000176
Cite this data
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Velarion, “Nutanix executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/NTNX (accessed 2026).
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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $299 for the board report; $449 for both.
Get the executive briefGet the board briefNo account needed.
15 filings cited on this page
Method: intel.velarion.ai/methodology
If a report fails to generate we keep working until you have it. No refunds on one-time reports.
Published by Velarion Company Intelligence
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Nutanix discloses

The companies named in NTNX's own disclosed peer group.

CloudflareDatadogDropboxDynatraceElastic N.V.F5 NetworksGuidewire SoftwareHubSpotMongoDBNetAppOktaPegasystemsPTCSnowflakeTwilioZscalerAkamai TechnologiesCommvault SystemsDocuSign

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy