NIKE ex-officer plans $199K stock sale
A former NIKE, Inc. officer filed a Rule 144 notice to sell 5,304 Class B shares, following a prior 2,463-share sale in August 2026.
Rhea-AI Filing Summary
NIKE, Inc. (NKE) is the issuer for a planned resale of Class B shares under Rule 144 by former officer Matthew Friend. A notice was filed for the potential sale of 5,304 Class B shares of NIKE, Inc. common stock through Fidelity Brokerage Services LLC on September 9, 2026. These shares are reported as having been acquired on September 1, 2026 via restricted stock vesting as compensation. The filing also lists an earlier sale during the prior three months of 2,463 Class B shares on August 5, 2026 for aggregate proceeds of $102,460.80.
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Key Figures
Shares to be sold under Rule 144: 5,304 shares
Aggregate market value of shares to be sold: $199,377.36
Shares sold in prior 3 months: 2,463 shares
+2 more
5 metrics
Shares to be sold under Rule 144
5,304 shares
Planned sale of NIKE, Inc. Class B shares reported in the notice
Aggregate market value of shares to be sold
$199,377.36
Value associated with the 5,304 Class B shares in the securities information
Shares sold in prior 3 months
2,463 shares
Class B shares sold on August 5, 2026 by Matthew Friend
Proceeds from prior sale
$102,460.80
Aggregate sale price for 2,463 Class B shares on August 5, 2026
Acquisition date of shares to be sold
September 1, 2026
Restricted stock vesting date for the 5,304 Class B shares
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact, compensation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Class B | 09/01/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Matthew Friend."
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
compensation financial
"09/01/2026 | Compensation"
FAQ
What does the Form 144 filing disclose for NIKE, Inc. (NKE)?
The filing discloses that former officer Matthew Friend has notified of a planned sale under Rule 144 of 5,304 Class B shares of NIKE, Inc. through Fidelity Brokerage Services LLC, with the notice dated September 9, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.