[Form 3] Nike, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

NIKE, Inc. (NKE) – Form 3 Initial Statement of Beneficial Ownership

On 06/18/2025, newly appointed President Amy Montagne filed an initial Form 3 with the SEC. The filing establishes her baseline insider holdings under Section 16 requirements.

• Direct ownership: 19,466 Class B common shares.
• Indirect ownership: 1,067 Class B shares held through the NIKE 401(k) Savings and Profit Sharing Plan.
• Derivative holdings: Eight non-qualified stock-option grants covering a total of 225,720 Class B shares. Exercise prices range from $59.10 to $167.51, with expirations from 07/20/2027 to 09/01/2034.

No purchase or sale occurred; the document merely records existing positions as Ms. Montagne assumes her executive role. The disclosure is routine and does not, on its own, affect NIKE’s financial outlook or valuation.

Insights

Securities Analyst

TL;DR: Routine Form 3 sets baseline insider holdings; neutral for NIKE stock.

This initial filing by President Amy Montagne shows modest direct equity (≈20.5 k shares) but sizeable option exposure (225.7 k shares), typical for senior NIKE executives. Because no transaction occurred and the data merely formalise pre-existing awards, the information neither alters share count nor signals sentiment. Investors should monitor subsequent Forms 4 for actual trades, which would carry valuation implications.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Montagne Amy

(Last) (First) (Middle)

ONE BOWERMAN DRIVE

(Street)

BEAVERTON OR 97005

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/18/2025

3. Issuer Name and Ticker or Trading Symbol
NIKE, Inc. [ NKE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT, NIKE

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class B Common Stock	19,466	D
Class B Common Stock	1,067	I	by Retirement Plan(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy)	(2)	07/20/2027	Class B Common Stock	15,000	$59.1	D
Non-Qualified Stock Option (Right to Buy)	(3)	08/01/2028	Class B Common Stock	30,000	$77.54	D
Non-Qualified Stock Option (Right to Buy)	(4)	08/01/2029	Class B Common Stock	36,095	$83.12	D
Non-Qualified Stock Option (Right to Buy)	(5)	08/01/2030	Class B Common Stock	30,760	$97.61	D
Non-Qualified Stock Option (Right to Buy)	(6)	08/01/2031	Class B Common Stock	18,485	$167.51	D
Non-Qualified Stock Option (Right to Buy)	(7)	08/01/2032	Class B Common Stock	22,272	$114.3	D
Non-Qualified Stock Option (Right to Buy)	(8)	08/01/2033	Class B Common Stock	31,100	$109.4	D
Non-Qualified Stock Option (Right to Buy)	(9)	09/01/2034	Class B Common Stock	42,008	$83.32	D

Explanation of Responses:

1. Shares held in account under the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.

2. Stock Option granted on 07/20/2017 and became exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

3. Stock Option granted on 08/01/2018 and became exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

4. Stock Option granted on 08/01/2019 and became exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

5. Stock Option granted on 08/01/2020 and became exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

6. Stock Option granted on 08/01/2021 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

7. Stock Option granted on 08/01/2022 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

8. Stock Option granted on 08/01/2023 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

9. Stock Option granted on 09/01/2024 and becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Kelsey A. Baldwin, attorney-in-fact for Ms. Montagne	06/27/2025
	** Signature of Reporting Person	Date
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