NIKE Officer Files Form 144 for $138K Class B Share Sale
NIKE, Inc.
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Filing Summary
📢 Form 144 Notice of Proposed Sale: NIKE, Inc. ($NKE) Insider: Alagirisamy Venkatesh (Officer) Shares to Sell: 3,671 Class B Common Stock Est. Market Value: $137,992.89 (~$37.59/share) Trading Plan: Rule 10b5-1 adopted on 02/12/2026 Origin: Restricted Stock Vesting on 09/01/2026 Significance: Low
Comprehensive Analysis
Executive Summary
On September 9, 2026, NIKE, Inc. officer Alagirisamy Venkatesh filed a Form 144 notice of proposed sale for 3,671 shares of Class B Common Stock, representing an aggregate market value of approximately $137,992.89 ($37.59 per share).
Key Transaction Highlights
- Securities to be Sold: 3,671 shares of Class B Common Stock.
- Aggregate Value: $137,992.89.
- Broker: Fidelity Brokerage Services LLC.
- Acquisition Nature: Acquired via Restricted Stock Vesting on September 1, 2026, as part of executive compensation.
- Pre-set Trading Plan: The transaction is scheduled under a Rule 10b5-1 trading plan adopted on February 12, 2026.
- Prior Transactions: The filer previously sold 890 Class B shares on August 5, 2026, generating gross proceeds of $37,024.00.
Market Impact & Significance
The proposed sale carries Low market significance due to the relatively modest transaction value ($138K) in comparison to NIKE's total market capitalization and the fact that it is executed under a pre-established Rule 10b5-1 plan following routine equity vesting.
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