Nike COO Alagirisamy Venkatesh offloaded 3,671 shares in a pre-planned sale, maintaining a significant remaining stake of 104,861 shares as the company navigates a 49% year-over-year stock decline.
Nike COO sold 3,671 shares under a pre-arranged 10b5-1 plan, but retains 104,861 shares, indicating continued alignment.
Nike Chief Operating Officer Alagirisamy Venkatesh sold 3,671 shares of Class B common stock on September 9, 2026. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan established in February, signaling that the move was scheduled rather than a reactive decision to the company's recent market performance.
The sale was executed under a Rule 10b5-1 trading plan adopted on February 12, 2026, which allows insiders to schedule transactions in advance to avoid potential conflicts regarding material non-public information.