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Nike EVP & CFO (NYSE: NKE) reports RSU tax share withholding

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NIKE, Inc. executive Matthew Friend, EVP and CFO, reported a tax-related share disposition. On August 3, 2026, 1,239 shares of Class B Common Stock were withheld by the company at $41.71 per share to satisfy tax withholding obligations upon vesting of RSUs, not through an open market sale. Following this withholding, Friend directly holds 84,628.1024 shares of Class B Common Stock, including shares acquired under NIKE’s Employee Stock Purchase Plan.

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Insider Friend Matthew
Role EVP: CFO
Type Security Shares Price Value
Tax Withholding Class B Common Stock F1, F2 1,239 $41.71 $52K
Holdings After Transaction: Class B Common Stock — 84,628.1024 shares (Direct)
Footnotes (2)
  1. F1. Shares withheld by the Company to satisfy tax withholding obligations upon vesting of RSUs; not an open market transaction.
  2. F2. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
Shares withheld 1,239 shares Class B Common Stock withheld to satisfy tax withholding obligations upon RSU vesting
Tax withholding price $41.71 per share Value used for the tax-withholding disposition of Class B Common Stock
Direct holdings after transaction 84,628.1024 shares Directly held NIKE Class B Common Stock after the August 3, 2026 tax withholding
Restricted Stock Units financial
"tax withholding obligations upon vesting of Restricted Stock Units"
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.
tax withholding obligations financial
"Shares withheld by the Company to satisfy tax withholding obligations"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did NIKE (NKE) report for CFO Matthew Friend?

NIKE reported that CFO Matthew Friend had 1,239 shares of Class B Common Stock withheld on August 3, 2026 to cover tax obligations from vesting RSUs, rather than selling those shares in the open market.

How many NIKE (NKE) shares were involved in Matthew Friend’s August 3, 2026 transaction?

The transaction involved 1,239 shares of NIKE Class B Common Stock. These shares were withheld by the company at $41.71 per share specifically to satisfy tax withholding obligations tied to the vesting of restricted stock units.

Was Matthew Friend’s NIKE (NKE) Form 4 transaction an open market sale?

No. The filing states the 1,239 shares were withheld by NIKE to meet tax withholding obligations upon RSU vesting and were not an open market transaction, meaning no shares were sold on the public market in this event.

How many NIKE (NKE) shares does Matthew Friend hold after this Form 4 event?

After the tax withholding transaction, Matthew Friend directly holds 84,628.1024 shares of NIKE Class B Common Stock. This figure includes shares he acquired through NIKE’s Employee Stock Purchase Plan, as noted in the filing’s footnotes.

What price per share was used for Matthew Friend’s NIKE (NKE) tax withholding?

The filing shows a value of $41.71 per share for the 1,239 shares withheld. This price is used solely to determine the value of shares delivered for tax withholding, rather than indicating an executed market trade price.

What role do RSUs and the Employee Stock Purchase Plan play in this NIKE (NKE) Form 4?

The withheld shares covered taxes due on vesting RSUs, while Friend’s remaining 84,628.1024 shares include stock acquired under NIKE’s Employee Stock Purchase Plan, showing a mix of equity compensation and employee share purchases.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Friend Matthew

(Last)(First)(Middle)
ONE BOWERMAN DRIVE

(Street)
BEAVERTON OREGON 97005

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NIKE, Inc. [ NKE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP: CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class B Common Stock08/03/2026F(1)1,239D$41.7184,628.1024(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares withheld by the Company to satisfy tax withholding obligations upon vesting of RSUs; not an open market transaction.
2. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
/s/ Carlos J. Wilson, attorney-in-fact for Mr. Friend08/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)