NIKE officer files notice to sell $137K stock
Rhea-AI Filing Summary
NIKE, Inc. (NKE) reports that officer Robert Leinwand has filed a notice under Rule 144 for the potential sale of 3,646 shares of NIKE Class B stock through Fidelity Brokerage Services LLC on the NYSE, with an indicated value of $137,053.14, sourced from restricted stock vesting on September 1, 2026.
The notice also lists a prior sale by Robert Leinwand of 821 Class B shares on August 5, 2026 for $34,153.60 during the preceding three months.
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Key Figures
Shares proposed for sale: 3,646 shares
Indicated value of proposed sale: $137,053.14
Proposed sale date: September 9, 2026
+3 more
6 metrics
Shares proposed for sale
3,646 shares
Class B NIKE, Inc. stock covered by the Rule 144 notice
Indicated value of proposed sale
$137,053.14
Aggregate value associated with 3,646 Class B shares
Proposed sale date
September 9, 2026
Date tied to the proposed NYSE sale of 3,646 shares
Shares sold in prior 3 months
821 shares
Class B shares sold on August 5, 2026
Value of prior 3‑month sale
$34,153.60
Aggregate consideration for 821 shares sold August 5, 2026
Restricted stock vesting date
September 1, 2026
Date of restricted stock vesting that is the source of the shares
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 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 a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
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.
FAQ
What does NIKE (NKE) disclose in this Form 144 filing?
The filing states that officer Robert Leinwand has notified of a proposed sale of 3,646 shares of NIKE Class B stock under Rule 144, to be sold through Fidelity Brokerage Services LLC on the NYSE with an indicated value of $137,053.14.
AI-generated analysis. How Rhea-AI works. Not financial advice.