{
  "id": 6852152,
  "title": "Nike COO Alagirisamy Venkatesh Sells 3,671 Shares",
  "url": "https://urgent.news/2026/09/12/nike-coo-alagirisamy-venkatesh-sells-3-671-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-12T02:44:01.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/coverage/filings/2026/09/11/nike-coo-alagirisamy-venkatesh-sells-3671-shares/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Alagirisamy Venkatesh, the Executive Vice President and Chief Operating Officer at Nike, disclosed the sale of 3,671 shares of Class B common stock on September 9, 2026, in an SEC Form 4 filing. The transaction yielded an average sale price of $37.59 per share, while the market value at the time of the trade was $37.35. Nike is a global leader in athletic footwear and apparel, boasting a diverse range of popular brands and a large scale of operations, which generated approximately $46.4 billion in TTM revenue. The company's competitive strengths lie in its strong brand recognition, innovative products and materials, and a vast distribution network that includes direct-to-consumer digital platforms and wholesale partnerships. Despite facing market challenges, as evidenced by a 49.25% decline in its share price over the past year, Nike's market capitalization of $54.5 billion highlights its status as a key player in the consumer discretionary sector.",
  "summary": "The insider sold 3,671 shares but still retains 104,861 shares.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "Nike COO Alagirisamy Venkatesh Sells 3,671 Shares",
        "url": "https://urgent.news/2026/09/12/nike-coo-alagirisamy-venkatesh-sells-3-671-shares-7080333",
        "published": "2026-09-12T03:04:01.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Nike COO Alagirisamy Venkatesh Sells 3,671 Shares",
        "url": "https://urgent.news/2026/09/12/nike-coo-alagirisamy-venkatesh-sells-3-671-shares-6853357",
        "published": "2026-09-12T03:04:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}