Form 4: NIKE Legal Officer's RSU Tax Withholding

NIKE's EVP and Chief Legal Officer, Robert Leinwand, reported the withholding of 4,647 shares of Class B Common Stock to cover tax obligations from RSU vesting.

Summary

• Robert Leinwand, Executive Vice President and Chief Legal Officer of NIKE, Inc. (NKE), reported a transaction on February 10, 2026.
• The transaction involved the disposition of 4,647 shares of Class B Common Stock at a price of $62.41 per share.
• These shares were withheld by NIKE, Inc. to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs) and was not an open market sale.
• Following this transaction, Mr. Leinwand directly beneficially owns 70,727.2318 shares of Class B Common Stock.
• An additional 1,481 shares are indirectly held in an account under The NIKE, Inc. 401(k) Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine, non-discretionary transaction related to executive compensation and tax obligations, which does not indicate a change in company performance or management's sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that the withholding of shares for tax obligations upon RSU vesting is a standard and routine event for executives receiving equity compensation. This type of transaction is common across all industries for publicly traded companies and does not typically reflect a discretionary decision by the insider to sell shares.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in company fundamentals or management's view.

Key Dates

Keywords

NIKE, NKE, Form 4, Insider Transaction, RSU Vesting, Tax Withholding, Executive Compensation, Robert Leinwand