NIKE COO Alagirisamy Venkatesh Sells 890 Shares

What Happened
Alagirisamy Venkatesh, Chief Operating Officer of NIKE, Inc. (NKE), sold 890 shares of NIKE common stock on 2026-08-05 at $41.60 per share, resulting in proceeds of $37,024. This was a sale (not a purchase) and was executed pursuant to a pre-established 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-08-05 — 890 shares sold at $41.60 each.
• Total proceeds: $37,024.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes of note:
  • F2: The sale was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on February 12, 2026.
  • F1: NIKE policy limits officer/director trades to certain windows unless under an approved 10b5-1 plan.
  • F3: Reported holdings may include shares acquired under NIKE’s Employee Stock Purchase Plan.
• Filing timeliness: Form 4 was filed on 2026-08-07 (two days after the trade), which appears to be within the standard 2-business-day reporting window.

Context
Sales under 10b5-1 plans are pre-arranged and commonly used by insiders to systematically sell shares; they are generally considered routine and do not by themselves indicate a change in insider sentiment. For retail investors, purchases typically carry more informational weight than routine sales, but noting that this sale was under a 10b5-1 plan helps clarify it was pre-planned.