Nike (NKE) insider Philip McCartney plans Rule 144 sale of 524 Class B shares
Rhea-AI Filing Summary
Philip McCartney, associated with Nike, Inc., filed to potentially sell 524 shares of Class B common stock under Rule 144. These shares are linked to restricted stock vesting dated August 1, 2026 and are described as compensation. The proposed sale would be through Fidelity Brokerage Services LLC on the NYSE.
Over the prior three months, McCartney previously sold 17,398 Class B shares on June 12, 2026 for aggregate proceeds of $803,439.64.
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Key Figures
Proposed shares to be sold: 524 shares
Vesting date: 08/01/2026
Brokerage account shares: 524 shares
+2 more
5 metrics
Proposed shares to be sold
524 shares
Class B common stock proposed for sale under Rule 144
Vesting date
08/01/2026
Restricted stock vesting date linked to the 524 shares
Brokerage account shares
524 shares
Held at Fidelity Brokerage Services LLC for potential NYSE sale
Shares sold in past 3 months
17,398 shares
Class B shares sold on 06/12/2026
Proceeds from recent sale
$803,439.64
Aggregate value for 17,398 Class B shares sold on 06/12/2026
Key Terms
Rule 144, restricted stock vesting, Class B common stock
3 terms
Rule 144 regulatory
"filed to potentially sell 524 shares of Class B common stock under 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
"These shares are linked to restricted stock vesting dated August 1, 2026"
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.
Class B common stock financial
"sell 524 shares of Class B common stock under Rule 144"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Nike (NKE) executive Philip McCartney plan to sell under Rule 144?
Philip McCartney plans to potentially sell 524 shares of Nike Class B common stock under Rule 144. These shares are tied to restricted stock vesting on August 1, 2026 and are categorized as compensation.
What prior Nike (NKE) stock sales has Philip McCartney reported in the last three months?
Philip McCartney reported selling 17,398 Class B shares of Nike on June 12, 2026 for total proceeds of $803,439.64. This prior activity is disclosed as securities sold during the past three months.
What dollar value was realized in Philip McCartney’s recent Nike (NKE) stock sale?
McCartney’s recent sale of 17,398 Class B shares on June 12, 2026 generated $803,439.64 in aggregate proceeds. This transaction is disclosed as part of securities sold during the past three months.