Form 4: Nike Executive Craig A. Williams Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Craig A. Williams, a Nike executive, disposed of shares to cover tax obligations related to vesting Restricted Stock Units (RSUs).
Summary
- On August 1, 2024, Craig A. Williams, President of Geographies & Marketplace at Nike, Inc., reported a transaction involving Class B Common Stock.
- The transaction involved the disposal of 3,492 shares to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs) at a price of $73.85.
- Following the transaction, Williams beneficially owns 81,958.3389 shares, which includes shares acquired through Nike's Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an executive, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock disposal transaction. |
| 08/05/2024 | Date of signature on the Form 4 filing. |
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