Nike chair Mark Parker gifts 22,230 shares
NIKE, Inc. (NKE) director and executive chairman Mark G. Parker reported a bona fide gift of 22,230 shares of Class B Common Stock on May 14, 2026, at $0.00 per share, leaving him with 625,385 directly held shares.
Rhea-AI Filing Summary
NIKE, Inc. (NKE) director and executive chairman Mark G. Parker reported a bona fide gift of 22,230 shares of Class B Common Stock on May 14, 2026, at $0.00 per share, leaving him with 625,385 directly held shares. An additional 39,823 shares are held indirectly through The NIKE, Inc. 401(k) Plan. This Form 4/A amendment states it is filed solely to attach a Power of Attorney and that no financial or transactional information from the original May 15, 2026 filing has been changed.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,230 shares gifted
Gift
2 txns
Insider
PARKER MARK G
Role
EXECUTIVE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock F1 | 22,230 | $0.00 | $0.00 |
| holding | Class B Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 625,385 shares (Direct);
Class B Common Stock — 39,823 shares (Indirect, by Retirement Plan)
Footnotes (2)
- F1. This Amendment on Form 4/A is being filed solely to attach the Power of Attorney authorizing the signatory to sign on behalf of the Reporting Person. This Power of Attorney was inadvertently omitted from the original Form 4 filing made on May 15, 2026. No other changes or updates have been made to the financial or transactional information reported in the original filing.
- F2. Shares held in account under The NIKE, Inc. 401(k) Plan.
Key Figures
Shares gifted: 22,230 shares of Class B Common Stock
Gift price per share: $0.00 per share
Direct holdings after transaction: 625,385 shares
+2 more
5 metrics
Shares gifted
22,230 shares of Class B Common Stock
Bona fide gift reported for May 14, 2026
Gift price per share
$0.00 per share
Bona fide gift of 22,230 shares on May 14, 2026
Direct holdings after transaction
625,385 shares
Direct Class B Common Stock held by Mark G. Parker after the gift
Indirect retirement plan holdings
39,823 shares
Shares held in The NIKE, Inc. 401(k) Plan account
Gift transactions in this filing
1 bona fide gift
Transaction summary counts one gift transaction
Key Terms
bona fide gift, Power of Attorney, indirect, 401(k) Plan
4 terms
bona fide gift financial
"The transaction is described as a bona fide gift of shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Power of Attorney regulatory
"filed solely to attach the Power of Attorney authorizing the signatory"
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.
indirect financial
"Shares held in account under The NIKE, Inc. 401(k) Plan indicate indirect"
401(k) Plan financial
"Shares held in account under The NIKE, Inc. 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did NIKE (NKE) report for Mark G. Parker on this Form 4/A?
Mark G. Parker reported a bona fide gift of 22,230 shares of NIKE Class B Common Stock on May 14, 2026 at $0.00 per share. The filing characterizes the transaction as a gift rather than a market sale or purchase.
Does this NIKE (NKE) Form 4/A amend any previously reported transaction details?
No. The amendment states it is filed solely to attach the Power of Attorney that was omitted from the original Form 4 filed on May 15, 2026, and that no changes have been made to the financial or transactional information previously reported.
What indirect NIKE (NKE) holdings does Mark G. Parker report in this filing?
The filing reports 39,823 shares of NIKE Class B Common Stock held indirectly in an account under The NIKE, Inc. 401(k) Plan. These are shown as indirect ownership by a retirement plan, separate from his directly held shares.
Was the NIKE (NKE) insider transaction made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a Rule 10b5-1 plan. The filing does not state that the reported gift was made pursuant to any Rule 10b5-1 trading arrangement.
What role does the Power of Attorney play in this NIKE (NKE) Form 4/A?
The amendment explains that the Form 4/A is filed solely to attach the Power of Attorney authorizing the signatory to sign on behalf of Mark G. Parker. That document was inadvertently omitted from the original Form 4 submission.
AI-generated analysis. How Rhea-AI works. Not financial advice.
