Nike EVP & CFO (NYSE: NKE) reports RSU tax share withholding
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,239 shares
Net Sell
1 txn
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)
- 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.
Key Figures
Shares withheld: 1,239 shares
Tax withholding price: $41.71 per share
Direct holdings after transaction: 84,628.1024 shares
3 metrics
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
Key Terms
Restricted Stock Units, Employee Stock Purchase Plan, tax withholding obligations
3 terms
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.
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.
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.
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.