NICE Ltd. CEO Scott Edward Russell Disposes Shares for Tax Withholding
NICE Ltd.
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Filing Summary
📊 NICE Ltd. ($NICE) Form 4 Filing Insider: Russell Scott Edward (Chief Executive Officer) Transaction: Tax Withholding (Code F) Shares Transacted: 2,051 Ordinary Shares @ $111.27 ($228,214.77) Shares Retained: 129,836 Significance: Low (Routine tax obligation disposition)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Scott Edward Russell, Chief Executive Officer of NICE Ltd. (NASDAQ: NICE), disposed of 2,051 Ordinary Shares at a price of $111.27 per share, totaling $228,214.77. The disposition was carried out under transaction code 'F', signifying shares withheld to satisfy tax withholding obligations rather than an open-market discretionary sale.
Transaction Analysis
- Transaction Nature: The transaction is non-discretionary and routine, representing shares withheld to cover tax liabilities associated with equity compensation vesting.
- Holdings Impact: Following this transaction, Mr. Russell directly retains 129,836 Ordinary Shares. The shares withheld represent approximately 1.55% of his pre-transaction equity holdings.
- Market Significance: Because transaction code 'F' does not reflect an active decision to sell stock into the open market, this event carries low trading significance and should not be interpreted as a negative sentiment signal from management.
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