NIKE executive reports tax-withheld RSU shares
NIKE, Inc. executive Philip McCartney reported a tax-withholding disposition of 494 shares of Class B Common Stock on 2026-08-03 at 41.7100 per share, covering tax obligations upon vesting of restricted stock units and not involving any open-market sale.
Rhea-AI Filing Summary
NIKE, Inc. executive Philip McCartney reported a tax-withholding disposition of 494 shares of Class B Common Stock on 2026-08-03 at 41.7100 per share, covering tax obligations upon vesting of restricted stock units and not involving any open-market sale.
After this event he directly owns 52,638.9272 Class B shares, which include shares acquired through the Employee Stock Purchase Plan, and indirectly holds 1,839 shares in an account under The NIKE, Inc. 401(k) Plan.
Positive
- None.
Negative
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Insider Trade Summary
Tax Withholding: 494 shares
Tax Withholding
2 txns
Insider
McCartney Philip
Role
EVP: CHIEF INN,PROD&DSG OFCR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock F1, F2 | 494 | $41.71 | $21K |
| holding | Class B Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 52,638.9272 shares (Direct);
Class B Common Stock — 1,839 shares (Indirect, by Retirement Plan)
Footnotes (3)
- F1. Shares withheld by the Company to satisfy tax withholding obligations upon vesting of RSUs; not an open market transaction.
- F2. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
- F3. Shares held in account under The NIKE, Inc. 401(k) Plan.
Key Figures
Shares withheld for taxes: 494 shares
Withholding price: 41.7100 per share
Direct holdings after transaction: 52638.9272 shares
+1 more
4 metrics
Shares withheld for taxes
494 shares
Class B Common Stock withheld on 2026-08-03 to satisfy RSU-related tax obligations
Withholding price
41.7100 per share
Valuation used for the 494 tax-withholding shares on 2026-08-03
Direct holdings after transaction
52638.9272 shares
Directly held NIKE Class B Common Stock after the tax-withholding disposition
Indirect 401(k) holdings
1839.0000 shares
Shares held in an account under The NIKE, Inc. 401(k) Plan
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, 401(k) Plan, Class B Common Stock
4 terms
Restricted Stock Units financial
"tax withholding obligations upon vesting of RSUs; not an open market"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Purchase Plan financial
"Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
401(k) Plan financial
"Shares held in account under The NIKE, Inc. 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Class B Common Stock financial
"security_title: Class B Common Stock reported in the transaction table"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NIKE (NKE) executive Philip McCartney report?
Philip McCartney reported a tax-withholding disposition of 494 Class B shares on 2026-08-03. The shares were withheld by NIKE to satisfy tax obligations on vesting restricted stock units, and the event did not involve an open-market sale.
Was Philip McCartney's NIKE (NKE) transaction an open-market stock sale?
No. The 494 NIKE shares were withheld by the company to pay taxes on vesting restricted stock units. A footnote specifies this was not an open-market transaction, distinguishing it from a voluntary purchase or sale in the market.
Are Philip McCartney’s NIKE (NKE) holdings tied to company benefit plans?
Yes. His direct total includes shares from NIKE’s Employee Stock Purchase Plan, and he also indirectly holds 1,839 shares in an account under The NIKE, Inc. 401(k) Plan, reflecting participation in multiple equity-related benefit programs.
Did Philip McCartney use a Rule 10b5-1 plan for this NIKE (NKE) transaction?
The report indicates the Rule 10b5-1 checkbox is not affirmed, so this tax-withholding event is not reported as occurring under a pre-arranged trading plan, and instead reflects automatic share withholding tied to RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
