STOCK TITAN

NKE insider files Form 144 to sell 1,019 Class B shares on NYSE

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Nike, Inc. (NKE) Form 144: The filing notifies a proposed sale of 1,019 Class B shares with an aggregate market value of $76,058.16 based on an outstanding share count of 1,188,015,740. The planned sale date is 09/05/2025 on the NYSE. The shares were acquired on 09/01/2025 through restricted stock vesting from the issuer, with payment characterized as compensation. The filer also reported a sale during the past three months by Robert Leinwand of 1,644 Class B shares on 08/05/2025 for $123,152.04. The form includes the standard representation that the selling person is not aware of undisclosed material adverse information and a signature/attestation requirement. Certain filer identification fields appear blank in the provided text.

Positive

  • Transaction transparency: Filing discloses acquisition date, nature (restricted stock vesting), number of shares, planned sale date, and aggregate market value.
  • Compliance language: Attestation that the seller is not aware of undisclosed material adverse information and signature requirement are included.

Negative

  • Missing identifier fields: Filer CIK/CCC and certain issuer contact fields are blank in the provided text, limiting traceability.
  • Concentration context absent: The filing does not state whether the seller is an officer/director or the relationship beyond the generic section, reducing context for investors.

Insights

TL;DR: A company insider plans to sell a modest block of vested Class B shares shortly after vesting; past recent sale by an insider is disclosed.

The notice documents a routine Rule 144 sale following restricted stock vesting. The block to be sold is small relative to the issuer's outstanding shares (1,019 vs 1,188,015,740), and the filing ties the acquisition to compensation with an immediate planned sale date. The prior sale by Robert Leinwand of 1,644 shares three weeks earlier is disclosed with gross proceeds of $123,152.04. These are standard insider liquidity transactions and, based on the information provided, do not indicate material corporate developments. The form lacks explicit filer CIK/issuer address details in the provided text, which limits completeness for compliance tracing.

TL;DR: Disclosure aligns with Rule 144 mechanics; signatures and attestations are present but some identifying fields are omitted in the excerpt.

The filing shows compliance with Rule 144 by documenting acquisition date, nature (restricted stock vesting), sale amount, and planned sale date on the NYSE. The required attestation about absence of undisclosed material adverse information is included. However, several filer/issuer identification fields in the supplied content are empty, which is notable from a governance and disclosure-completeness standpoint; the filing text as provided does not supply full contact/CIK data. Based solely on the submission content, this appears to be a routine insider sale rather than a governance concern.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What shares does the NKE Form 144 propose to sell?

The notice proposes sale of 1,019 Class B shares on the NYSE with an aggregate market value of $76,058.16.

When were the shares acquired and how?

The shares were acquired on 09/01/2025 by restricted stock vesting from the issuer and payment is listed as compensation.

What is the planned sale date for the proposed transaction?

The approximate date of sale is listed as 09/05/2025 on the NYSE.

Were there any insider sales in the past three months disclosed?

Yes. Robert Leinwand sold 1,644 Class B shares on 08/05/2025 for gross proceeds of $123,152.04.

Does the filing include the required attestation about material information?

Yes. The filing includes the representation that the seller does not know of any material adverse information not publicly disclosed and requires a signature.