NIKE, Inc. (NYSE: NKE) CLO has 413 shares withheld for taxes
Rhea-AI Filing Summary
NIKE, Inc. executive vice president and chief legal officer Robert Leinwand reported a tax-related share withholding connected to restricted stock vesting. On 2026-08-03, 413 shares of Class B Common Stock were withheld at $41.71 per share to satisfy tax withholding obligations, not through an open-market sale. After this event, he holds 61,586.159 Class B shares directly, including shares acquired under NIKE’s Employee Stock Purchase Plan, and 1,507 shares indirectly through an account under The NIKE, Inc. 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 413 shares
Net Sell
2 txns
Insider
Leinwand Robert
Role
EVP: Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class B Common Stock F1, F2 | 413 | $41.71 | $17K |
| holding | Class B Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 61,586.159 shares (Direct);
Class B Common Stock — 1,507 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: 413 shares
Withholding price per share: $41.71
Direct holdings after transaction: 61,586.159 shares
+1 more
4 metrics
Shares withheld for taxes
413 shares
Class B Common Stock withheld on 2026-08-03 to satisfy tax withholding obligations upon RSU vesting
Withholding price per share
$41.71
Per-share value used for the tax-withholding disposition of 413 Class B shares
Direct holdings after transaction
61,586.159 shares
Class B Common Stock directly owned by Robert Leinwand following the 2026-08-03 tax-withholding event, including ESPP shares
Indirect 401(k) holdings
1,507 shares
Class B Common Stock held in an account under The NIKE, Inc. 401(k) Plan
Key Terms
RSUs, Employee Stock Purchase Plan, 401(k) Plan, tax withholding obligations
4 terms
RSUs financial
"tax withholding obligations upon vesting of RSUs; not an open"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Employee Stock Purchase Plan financial
"Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock"
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.
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 did NIKE (NKE) executive Robert Leinwand report in this Form 4?
Robert Leinwand reported a tax-related share withholding tied to restricted stock vesting. On 2026-08-03, 413 Class B shares were withheld by NIKE to satisfy tax obligations, rather than sold in the open market, and his updated holdings were disclosed.
Was Robert Leinwand’s NIKE (NKE) transaction an open-market sale?
No. Footnotes state the 413 shares were withheld by NIKE to satisfy tax withholding obligations upon RSU vesting. The entry is explicitly described as not an open market transaction, meaning no shares were sold on the open market in this report.
What indirect NIKE (NKE) holdings does Robert Leinwand have?
In addition to his direct holdings, Robert Leinwand has 1,507 Class B shares held indirectly. A footnote explains these shares are held in an account under The NIKE, Inc. 401(k) Plan, reflecting retirement-plan ownership rather than directly held stock.
What role does Robert Leinwand hold at NIKE (NKE) in this disclosure?
Robert Leinwand is identified as NIKE’s Executive Vice President and Chief Legal Officer. The Form 4 details his leadership role and reports the tax-withholding disposition of shares associated with the vesting of his restricted stock units under NIKE equity programs.