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4Accepted Sep 3, 7:55 PM ET

NIKE (NKE) COO Alagirisamy Venkatesh Receives RSUs; Shares Withheld

NKENIKE, Inc.

Accepted (ET)

7:55 PM

Sep 3, 2026

Filed

Sep 3, 2026

Documents

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Size

8.9 KB

Summary

NIKE (NKE) COO Alagirisamy Venkatesh Receives RSUs; Shares Withheld

Updated

What Happened
Alagirisamy Venkatesh, Chief Operating Officer of NIKE, received RSU awards totaling 172,790 shares on 2026-09-01 (37,166 + 135,624 RSUs). The filing shows 3,453 shares were withheld to satisfy tax withholding at a reported per-share value of $39.06, totaling $134,874. The RSU grants were reported as awards (code A); the share withholding is reported as disposition for tax purposes (code F) and is not an open-market sale.

Key Details

  • Transaction date: 2026-09-01; filing date: 2026-09-03 (appears timely).
  • Awards: 37,166 RSUs (acquired) and 135,624 RSU derivative award (acquired) — total 172,790 RSUs granted.
  • Tax withholding: 3,453 shares withheld at $39.06 per share = $134,874 (reported as disposed for tax withholding; not an open-market sale).
  • Footnotes: F1 = RSUs under NIKE Stock Incentive Plan (25% vest on each of first four anniversaries). F2 = shares withheld to satisfy tax obligations upon vesting (not open market). F3 and F4 are general plan notes in the filing but do not describe these transactions.
  • Shares owned after the transactions: not specified in the provided filing excerpt.

Context
RSUs are conditional awards that convert to common shares as they vest; F1 indicates a standard four-year vesting (25% per year). The withheld 3,453 shares were used to satisfy tax withholding—this is a routine administrative action, not a directional bet on the stock. No option exercises or open-market purchases/sales were reported in this filing.

AI-written summary · check the filing