NIKE (NKE) CEO boosts stake with April open-market share buy
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
NIKE, Inc. President & CEO Elliott Hill reported an open-market purchase of Class B Common Stock. On April 13, 2026, he acquired 23,660.235 shares at a weighted average price of $42.27 per share, based on multiple trades within a narrow price range.
Following this transaction, Hill directly holds 265,247.235 NIKE Class B shares. The amended Form 4 updates the disclosure to reflect the correct weighted average price across the separate trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 23,660.235 shares ($1,000,118)
Net Buy
1 txn
Insider
Hill Elliott
Role
PRESIDENT & CEO
Bought
23,660.235 shs ($1.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common Stock | 23,660.235 | $42.27 | $1.00M |
Holdings After Transaction:
Class B Common Stock — 265,247.235 shares (Direct, null)
Footnotes (1)
- The original Form 4 is being amended by this Form 4/A to report the weighted average price. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.265 to $42.300, inclusive. The reporting person undertakes to provide NIKE, Inc., any security holder of NIKE, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote (2) to this Form 4.
Key Figures
Shares purchased: 23,660.235 shares
Weighted average price: $42.27 per share
Shares owned after transaction: 265,247.235 shares
3 metrics
Shares purchased
23,660.235 shares
Open-market purchase on April 13, 2026
Weighted average price
$42.27 per share
Price for April 13, 2026 trade
Shares owned after transaction
265,247.235 shares
Direct holdings after April 13, 2026 purchase
Key Terms
Class B Common Stock, open-market purchase, weighted average price, Form 4/A
4 terms
Class B Common Stock financial
"security_title: "Class B Common Stock""
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The original Form 4 is being amended ... to report the weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4/A regulatory
"The original Form 4 is being amended by this Form 4/A"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
What insider transaction did NIKE (NKE) CEO Elliott Hill report?
Elliott Hill reported an open-market purchase of NIKE Class B Common Stock. He acquired 23,660.235 shares on April 13, 2026 at a weighted average price of $42.27 per share, according to the amended Form 4/A filing.
Why was this NIKE (NKE) Form 4/A filed as an amendment?
The filing states the original Form 4 is amended to report the weighted average price. It clarifies that the reported $42.27 reflects multiple trades within a specified price range, updating the transaction pricing details without changing the reported share count.
What does the weighted average price mean in NIKE (NKE) CEO’s filing?
The weighted average price of $42.27 represents the combined pricing of several trades executed that day. The filing notes these trades occurred within a narrow range, and the average price is reported rather than each individual execution price.