Alagirisamy Venkatesh 4
Research Summary
AI-generated summary
NIKE COO Alagirisamy Venkatesh Sells 9,853 Shares (Tax Withholding)
What Happened
Alagirisamy Venkatesh, Chief Operating Officer of NIKE, reported a disposition on 2026-06-10 in which 9,853 shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The shares were valued at $44.65 each for a total of approximately $439,936. This was a tax withholding (code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-10; filing date: 2026-06-12 (appears timely).
- Price per share: $44.65; shares withheld/disposed: 9,853; aggregate value: ~$439,936.
- Transaction code: F (shares withheld to satisfy tax withholding upon RSU vesting) — not a market sale.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 confirms shares were withheld by the company to cover taxes (not an open-market trade). F2 (present in filing) refers to ESPP participation but is not directly related to this transaction.
Context
Tax-withholding dispositions are routine when RSUs vest — the company retains shares to cover the officer’s tax bill. These actions do not necessarily indicate a change in the insider’s view of the stock; they are administrative, not discretionary open-market sales.