[144] Nike, Inc. SEC Filing

Rhea-AI Filing Summary

Nike, Inc. (NKE) Form 144 notice shows an intended sale of 86,078 Class B shares through Fidelity Brokerage, with an aggregate market value of $6,535,902.54 and an approximate sale date of 08/14/2025 on the NYSE. The shares were acquired by the seller via a stock option exercise on 05/18/2017 and paid in cash.

The filing names the recent seller as Mark Parker in prior transactions: he sold 152,976 Class B shares on 05/14/2025 for $9,492,160.80 and 110,000 Class B shares on 07/16/2025 for $7,951,900.00. The filer certifies no undisclosed material adverse information is known at the time of the notice.

Positive

• Regulatory compliance: Form 144 filed, providing required disclosure of proposed insider sale and acquisition details.
• Transparency on past sales: Prior sales on 05/14/2025 and 07/16/2025 are reported with exact amounts and gross proceeds.

Negative

• Insider selling: Proposed sale plus two prior sales in 2025 total 349,054 Class B shares sold or offered, a sizable insider liquidity event.
• No 10b5-1 plan date provided: The filing does not state a plan adoption or instruction date, leaving unclear whether sales follow a pre-established trading plan.

Insights

Securities Analyst

TL;DR: Insider sale of Nike Class B shares is disclosed; transaction appears routine and compliant but is sizable.

The Form 144 documents a proposed sale of 86,078 Class B shares valued at about $6.54 million. The securities were acquired via option exercise in 2017 and are being sold through Fidelity. The filing also records two prior insider sales in 2025 totaling 262,976 shares and roughly $17.44 million in gross proceeds. From a market-impact perspective, these are individual insider liquidity events rather than corporate-level changes. Materiality depends on the insider's remaining holdings versus total outstanding shares; the filing itself does not assert a trading plan date or 10b5-1 adoption.

Corporate Governance Expert

TL;DR: Filing reflects standard insider disclosure obligations being met; pattern of sales warrants attention but not conclusive on governance concerns.

The notice meets Rule 144 disclosure requirements by stating acquisition method (stock option exercise), payment method (cash), broker details (Fidelity) and proposed sale date. Prior sales by Mark Parker in May and July 2025 are disclosed with gross proceeds. The document contains the required representation about lack of undisclosed material information. Absent a stated 10b5-1 plan adoption date or additional context about ongoing selling arrangements, this disclosure is procedurally compliant but does not answer whether sales follow a pre-existing trading plan.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class B	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	86078	6535902.54	92655504471	08/14/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class B	05/18/2017	Stock Option Exercise	Issuer			86078	05/18/2017	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Mark Parker One Bowerman Drive Beaverton OR 97005-6453	Class B	05/14/2025	152976	9492160.80
Mark Parker One Bowerman Drive Beaverton OR 97005-6453	Class B	07/16/2025	110000	7951900.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)