NIKE (NKE) COO corrects insider ownership, adds 23 omitted shares
Rhea-AI Filing Summary
NIKE, Inc. executive updates reported share ownership. The company’s Executive Vice President and Chief Operating Officer filed an amended beneficial ownership report to correct the number of NIKE Class B Common Stock shares reported. The amended filing now shows beneficial ownership of 49,418 shares of Class B Common Stock held directly. The change reflects the addition of 23 shares that were unintentionally omitted from the original filing and from one subsequent Form 4 submitted after that original report.
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FAQ
What did NIKE (NKE) disclose in this amended insider ownership filing?
The filing discloses that NIKE’s Executive Vice President and Chief Operating Officer corrected a prior ownership report to include 23 additional shares of Class B Common Stock, bringing total directly held shares to 49,418.
Whose NIKE (NKE) share ownership is updated in this amendment?
The amendment relates to the holdings of NIKE’s Executive Vice President and Chief Operating Officer, who is a reporting person under insider ownership rules.
How many NIKE Class B shares does the officer now report owning?
The officer now reports direct beneficial ownership of 49,418 shares of NIKE Class B Common Stock.
Why was this NIKE (NKE) insider ownership form amended?
The form was amended to correct the Amount of Securities Beneficially Owned after 23 shares were unintentionally omitted from the original filing and from one subsequent Form 4.
Does this NIKE (NKE) filing report any new stock transactions?
No new transactions are described; the filing explains a correction to previously reported share amounts rather than reporting additional trades.
Is the NIKE (NKE) executive’s ownership reported as direct or indirect?
The 49,418 shares of Class B Common Stock are reported as held in direct (D) ownership.