Nike COO Alagirisamy Venkatesh Sells 3,671 Shares
The insider sold 3,671 shares but still retains 104,861 shares.
Overview
Alagirisamy Venkatesh, Executive Vice President and Chief Operating Officer of Nike (NYSE:NKE), reported a sale of 3,671 shares of Class B common stock on Sept. 9, 2026, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($37.59); post-transaction value based on Sept. 9, 2026, market close ($37.35).
Details
Nike represents a global leader in athletic footwear and apparel with a diversified portfolio of iconic brands and substantial scale, generating approximately $46.4 billion in TTM revenue. The company maintains competitive advantages through brand equity, innovation in product design and materials technology, and an extensive distribution network spanning direct-to-consumer digital channels and wholesale partnerships. Despite recent market headwinds reflected in a 49.25% one-year share price decline, Nike's market capitalization of $54.5 billion underscores its position as a cornerstone holding within the consumer discretionary sector.
Source
Originally published at www.fool.com.