NIKE officer plans sale of 3,671 Class B shares
NIKE, Inc. (NKE) has a notice of proposed sale under Rule 144 filed for officer Venkatesh Alagirisamy covering 3,671 shares of Class B common stock.
Rhea-AI Filing Summary
NIKE, Inc. (NKE) has a notice of proposed sale under Rule 144 filed for officer Venkatesh Alagirisamy covering 3,671 shares of Class B common stock. The shares are tied to restricted stock vesting on September 1, 2026 and are proposed to be sold through Fidelity Brokerage Services LLC on the NYSE.
The filing also notes that 890 Class B shares were sold on August 5, 2026 for $37,024.00. The current proposed sale has an indicated market value of $137,992.89.
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Key Figures
Proposed shares to be sold: 3,671 shares
Proposed sale value: $137,992.89
Vesting date: September 1, 2026
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6 metrics
Proposed shares to be sold
3,671 shares
Class B common stock proposed for sale under Rule 144
Proposed sale value
$137,992.89
Indicated market value for 3,671 Class B shares
Vesting date
September 1, 2026
Restricted stock vesting associated with the 3,671 shares
Proposed sale date
September 9, 2026
Date listed for sale of 3,671 Class B shares
Prior shares sold
890 shares
Class B shares sold during the past three months
Proceeds from prior sale
$37,024.00
Amount received for 890 shares sold on August 5, 2026
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Class B | 09/01/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Venkatesh Alagirisamy"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What type of NIKE (NKE) security is covered by this Form 144 notice?
The notice covers Class B common stock of NIKE, Inc. All quantities and values in the filing, including the 3,671 shares proposed for sale and the 890 shares sold previously, relate to this Class B security.
Who is the broker and what exchange is listed for the NIKE (NKE) Form 144 sale?
The proposed transaction identifies Fidelity Brokerage Services LLC as broker, located in Smithfield, Rhode Island, and lists the NYSE as the exchange where the 3,671 Class B shares may be sold.
Who signed the NIKE (NKE) Form 144 on behalf of the seller?
The Form 144 is signed by /s/ Jennifer Ruchti, described as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Venkatesh Alagirisamy.
AI-generated analysis. How Rhea-AI works. Not financial advice.