NIKE COO reports RSU tax share withholding
NIKE, Inc. Executive Vice President and Chief Operating Officer Alagirisamy Venkatesh reported a tax-related share disposition tied to equity compensation.
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Rhea-AI Filing Summary
NIKE, Inc. Executive Vice President and Chief Operating Officer Alagirisamy Venkatesh reported a tax-related share disposition tied to equity compensation. On vesting of restricted stock units, 9,853 shares of Class B Common Stock were withheld by NIKE at $44.65 per share to cover tax obligations, rather than being sold in the open market. After this withholding, Venkatesh directly holds 76,546.9272 Class B shares, including shares previously acquired through NIKE's Employee Stock Purchase Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class B Common Stock | 9,853 | $44.65 | $440K |
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
Key Terms
restricted stock units financial
Employee Stock Purchase Plan financial
Class B Common Stock financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NIKE (NKE) COO Alagirisamy Venkatesh report?
Was the NIKE (NKE) COO’s Form 4 transaction an open-market sale?
What does the tax-withholding disposition code F mean on the NIKE (NKE) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.