NIKE (NYSE: NKE) lists CFO Denton as new SEC reporting insider
Rhea-AI Filing Summary
NIKE, Inc. (NKE) reports that David M. Denton, Executive Vice President and Chief Financial Officer, has filed an initial statement of beneficial ownership of securities as a reporting person. This Form 3 does not list any specific equity holdings or transactions, and it notes an attached Power of Attorney authorizing the filing.
Positive
- None.
Negative
- None.
Key Figures
Buy transactions reported: 0
Sell transactions reported: 0
Holding entries reported: 0
+1 more
4 metrics
Buy transactions reported
0
Number of buy transactions in this Form 3
Sell transactions reported
0
Number of sell transactions in this Form 3
Holding entries reported
0
Total holding entries for David M. Denton in this Form 3
Derivative transactions reported
0
Number of derivative security transactions in this Form 3
Key Terms
Form 3, beneficial ownership, Power of Attorney, reporting person
4 terms
Form 3 regulatory
"has filed an initial statement of beneficial ownership of securities as a Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"has filed an initial statement of beneficial ownership of securities as a reporting person"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Power of Attorney regulatory
"remarks reference an Exhibit 24 - Power of Attorney authorizing SEC filings"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
reporting person regulatory
"became a reporting person for the company’s securities"
FAQ
What does the Form 3 filing by David M. Denton mean for NKE?
The filing reports that David M. Denton, EVP and CFO of NIKE, Inc. (NKE), became a reporting person for the company’s securities. It is an initial ownership statement and in this case does not list any specific holdings or transactions.
What is the role of David M. Denton at NIKE, Inc. (NKE) in this filing?
David M. Denton is identified as an officer of NIKE, Inc., serving as Executive Vice President and Chief Financial Officer (EVP: CFO). His officer status makes him a reporting person required to file ownership reports with the SEC.
What does the Power of Attorney reference in the remarks for NKE’s Form 3 indicate?
The remarks reference an Exhibit 24 - Power of Attorney, indicating David M. Denton has authorized another party to sign and submit SEC ownership filings on his behalf. This is an administrative authorization and does not itself involve any share transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.