Research Summary
AI-generated summary of this SEC filing
NIKE (NKE) VP Johanna Nielsen Receives RSU Award
What Happened
Johanna Nielsen, VP and Corporate Controller of NIKE, received a grant of 11,893 restricted stock units (RSUs) on September 1, 2026 (acquisition code A, price $0.00). As part of the vesting/tax process, 263 shares were withheld to satisfy tax withholding obligations (disposition code F) at $39.06 per share, totaling approximately $10,273. The RSU grant is a compensation award rather than an open‑market purchase.
Key Details
- Transaction date: 2026-09-01 (filed with SEC on 2026-09-03). Filing appears timely.
- Grant: 11,893 RSUs (acquisition, $0.00 per share).
- Withholding: 263 shares withheld for taxes at $39.06/share = ~$10,273 (not an open market sale).
- Vesting: RSUs subject to 25% vesting on each of the first four anniversaries of the grant date (Footnote F1).
- Other footnotes: F2 confirms shares were withheld to satisfy tax obligations; F3/F4 note other share holdings may include ESPP and 401(k) accounts.
- Shares owned after the transaction: not specified in this filing.
Context
RSU grants are common compensation for executives and typically vest over time (here, 4-year annual vesting). The withholding of shares to cover taxes is a routine administrative action and not an indicator of an open‑market sale or change in ownership intent.