NIKE (NKE) COO Alagirisamy Venkatesh Sells 3,671 Shares

What Happened

• Alagirisamy Venkatesh, Chief Operating Officer of NIKE, sold 3,671 shares of NIKE stock on September 9, 2026.
• The shares were sold at $37.59 per share for total proceeds of approximately $137,993.
• This was a sale (not a purchase); sales by executives are often routine and may be governed by pre-set plans rather than a statement about company prospects.

Key Details

• Transaction date and price: 2026-09-09 — 3,671 shares at $37.59 each.
• Total proceeds: ~$137,993.
• Trade execution: Reported as an open-market sale effected pursuant to a 10b5-1 trading plan (plan adopted February 12, 2026).
• Company policy note: NIKE restricts officer/director trading to certain post-earnings windows unless a 10b5-1 plan applies.
• Shares owned after transaction: Not specified in the provided filing; the filing notes that reported ownership figures include shares acquired under NIKE's Employee Stock Purchase Plan (ESPP).
• Filing timeliness: Form 4 filed on 2026-09-10 for the 2026-09-09 transaction — appears to be filed timely (Form 4s are generally due within two business days).

Context

• Because the sale was carried out under a prearranged 10b5-1 plan, it was likely scheduled in advance and should not be read as a real-time signal of the insider’s view. Retail investors often treat purchases as more informative than routine sales.