Nike (NYSE: NKE) EVP has 853 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NIKE, Inc. executive Heinle Treasure reported a tax-related share withholding tied to restricted stock vesting. On 02/10/2026, 853 shares of NIKE Class B Common Stock were disposed of under code F at $62.41 per share, with the company withholding the shares to cover RSU tax obligations rather than selling them in the open market.
After this transaction, Heinle Treasure directly beneficially owned 59,759.489 NIKE Class B shares and indirectly held 600 additional shares through The NIKE, Inc. 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Heinle Treasure
Role
EVP: CHIEF PEOPLE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock | 853 | $62.41 | $53K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 59,759.489 shares (Direct);
Class B Common Stock — 600 shares (Indirect, by Retirement Plan)
Footnotes (1)
- Shares withheld by the Company to satisfy tax withholding obligations upon vesting of RSUs; not an open market transaction. Shares held in account under The NIKE, Inc. 401(k) Plan.
FAQ
What insider transaction did NIKE (NKE) report for Heinle Treasure?
NIKE reported that EVP and Chief People Officer Heinle Treasure had 853 Class B shares withheld on 02/10/2026 to cover RSU tax obligations. This was a code F transaction, not an open market trade, linked to restricted stock vesting.
Was the Heinle Treasure NIKE (NKE) Form 4 transaction an open market sale?
No, the Form 4 states the 853 NIKE Class B shares were withheld by the company to satisfy tax withholding on RSU vesting. It explicitly notes this was not an open market transaction, distinguishing it from a discretionary share sale.
What does transaction code F mean in the NIKE (NKE) Form 4 for Heinle Treasure?
Transaction code F indicates payment of a tax liability or exercise price by delivering securities. In this NIKE filing, 853 shares were withheld by the company to cover RSU-related tax withholding, rather than being sold for cash in the market.
What role does Heinle Treasure hold at NIKE (NKE) in this Form 4 filing?
The filing identifies Heinle Treasure as an officer of NIKE, serving as Executive Vice President and Chief People Officer. This means the reported equity holdings and RSU-related share withholding relate to equity compensation for a senior executive role.
How are Heinle Treasure’s indirect NIKE (NKE) holdings structured?
The Form 4 shows 600 NIKE Class B shares held indirectly in an account under The NIKE, Inc. 401(k) Plan. These shares are coded as indirect ownership, reflecting that they are held within the company’s retirement plan rather than directly in a brokerage account.