NIKE CEO Elliott Hill Surrenders 5,635 Shares for Tax Withholding
NIKE, Inc.
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Filing Summary
š¦ NIKE, Inc. ($NKE) | Form 4 Filing Reporting Owner: Elliott Hill (President & CEO, Director) Transaction Date: 2026-10-14
Details: ā¢ Transaction: Tax Withholding (Code F) ā¢ Shares: 5,635 Class B Common Stock ā¢ Price: $35.33 ā¢ Total Value: $199,084.55 ā¢ Shares Remaining: 368,094.586 (Direct)
Note: Mandatory tax withholding upon RSU vesting; does not reflect open-market trading.
Comprehensive Analysis
Executive Summary
On October 16, 2026, NIKE, Inc. ($NKE) filed a Form 4 on behalf of its President & CEO and Director, Elliott Hill. The report details the disposition of 5,635 shares of Class B Common Stock on October 14, 2026, at a price of $35.33 per share, totaling approximately $199,084.55. Following this transaction, Mr. Hill directly retains 368,094.586 shares.
Transaction Analysis
- Transaction Code F: The shares were withheld by the issuer to cover tax obligations stemming from the vesting of restricted stock units (RSUs).
- Non-Discretionary Nature: This disposition is administrative in nature rather than an active open-market sale, reflecting routine statutory tax settlement.
- Holdings Impact: Mr. Hill continues to hold an equity position of over 368,000 shares, meaning this transaction altered his ownership stake by less than 1.6%.
Market & Governance Context
Because transaction code 'F' indicates tax withholding rather than market-driven sentiment, this filing carries low predictive weight regarding operational outlook or insider sentiment.
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