Heinle Treasure 4

What Happened Heinle Treasure, NIKE’s Executive Vice President & Chief People Officer, had 853 shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units (RSUs). The withholding was recorded at $62.41 per share, totaling $53,236. This was not an open-market sale but an internal disposition to cover taxes.

Key Details

• Transaction date: 2026-02-10; Filing date: 2026-02-12 (filed within the typical two-business-day window).
• Price per share: $62.41; Total value of shares withheld: $53,236.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Shares were withheld by the company to satisfy tax withholding on RSU vesting — not an open market transaction.
  • F2: Some shares may be held in the NIKE, Inc. 401(k) Plan (per filing footnote).
• No indication in the filing of a 10b5-1 plan or a late filing status.

Context Withholding shares to cover taxes on vested RSUs is a routine administrative action and does not represent a discretionary sale by the insider. Such transactions reduce the number of shares delivered to the insider but generally do not signal a change in their view of the company’s prospects.