NIKE COO Alagirisamy Venkatesh Withholds 837 Shares for Taxes

What Happened
Alagirisamy Venkatesh, Chief Operating Officer of NIKE, Inc. (NKE), had 837 shares withheld on August 3, 2026 to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The withholding was recorded at $41.71 per share, representing $34,911 in total. This was a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date and price: 2026-08-03; 837 shares withheld at $41.71/share (total $34,911).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — shares were withheld by the company to satisfy tax withholding upon RSU vesting (not an open-market transaction). F2 — filing references shares acquired pursuant to NIKE's Employee Stock Purchase Plan.
• Filing timeliness: Report filed 2026-08-05 for a 2026-08-03 transaction (timely under Form 4 rules).

Context
Tax-withholding via share retention is a routine administrative action when RSUs vest and does not represent an open-market sale or necessarily signal the insider’s view on the stock. For retail investors, purchases and open-market sales generally carry more interpretive weight than withholding events.