Form 3 Filed for NIKE Director J. Knudstorp — No Shares Reported
Rhea-AI Filing Summary
Jorgen Vig Knudstorp filed an initial Form 3 reporting his relationship to NIKE, Inc. (NKE) as a Director. The event date is 09/09/2025. The filing states no securities are beneficially owned by the reporting person. The form was signed on behalf of Mr. Knudstorp by attorney-in-fact Kelsey A. Baldwin on 09/11/2025 and includes Exhibit 24 (Power of Attorney).
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Insights
TL;DR: Routine initial ownership filing; indicates the director currently holds no beneficial shares.
This Form 3 is a standard disclosure when an individual becomes a reporting person. It records the reporting person's status as a director of NIKE, Inc. and explicitly states that no securities are beneficially owned. The inclusion of Exhibit 24 indicates a power of attorney was used to execute the filing. There are no ownership changes, derivative positions, or transactions disclosed that would affect shareholder structure.
TL;DR: Compliance filing appears complete and routine; no material ownership to report.
The document meets the basic requirements for an initial Section 16 filing by identifying the reporting person, issuer, event date, and relationship. The absence of any listed securities means there are no reportable holdings or Section 16 transactions at filing time. From a compliance perspective, the filing documents a clean starting position but does not provide metrics or events with material investor impact.