NIKE grants CFO 260K options, 71K RSUs
NIKE’s EVP and CFO David Denton received new stock option and RSU awards that vest over four years.
Rhea-AI Filing Summary
NIKE, Inc. (NKE) reported that Executive Vice President and Chief Financial Officer David M. Denton received equity awards on September 1, 2026. He was granted a non-qualified stock option for 259,946 shares of Class B common stock at an exercise price of $38.12 per share, expiring September 1, 2036, which becomes exercisable as to 25% of the shares on each of the first four anniversaries of the grant date. He also received 71,234 Restricted Stock Units, which vest 25% on each of the first four anniversaries of the grant date. No Rule 10b5-1 trading plan is reported in connection with these awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 331,180 shares
Grant/Award
2 txns
Insider
Denton David M
Role
EVP: CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (Right to Buy) F2 | 259,946 | $0.00 | $0.00 |
| Grant/Award | Class B Common Stock F1 | 71,234 | $0.00 | $0.00 |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 259,946 contracts (Direct);
Class B Common Stock — 71,234 shares (Direct)
Footnotes (2)
- F1. Restricted Stock Units ("RSUs") granted under the NIKE, Inc. Stock Incentive Plan; 25% of the total number of RSUs granted vest on each of the first four anniversaries of the date of the grant.
- F2. Stock Option granted under the NIKE, Inc. Stock Incentive Plan; it becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.
Key Figures
Stock options granted: 259,946 shares
Option exercise price: $38.12 per share
Option expiration date: September 1, 2036
+5 more
8 metrics
Stock options granted
259,946 shares
Non-Qualified Stock Option for Class B Common Stock granted to CFO on September 1, 2026
Option exercise price
$38.12 per share
Exercise price of non-qualified stock option granted on September 1, 2026
Option expiration date
September 1, 2036
Expiration of non-qualified stock option granted to CFO
RSUs granted
71,234 units
Restricted Stock Units awarded to CFO on September 1, 2026
Vesting schedule (RSUs)
25% per year over 4 years
RSUs vest on each of the first four anniversaries of the grant date
Vesting schedule (options)
25% per year over 4 years
Stock option becomes exercisable as to 25% of shares on first four anniversaries
Shares held after option grant
259,946 derivative shares
Total stock options held directly following the derivative transaction
Shares held after RSU grant
71,234 shares
Non-derivative Class B Common Stock reported following RSU grant
Key Terms
Non-Qualified Stock Option, Restricted Stock Units, Stock Incentive Plan, exercise price
4 terms
Non-Qualified Stock Option financial
"Non-Qualified Stock Option (Right to Buy) granted under the plan"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") granted under the NIKE, Inc. plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Incentive Plan financial
"granted under the NIKE, Inc. Stock Incentive Plan"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
exercise price financial
"conversion or exercise price of $38.1200 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What equity awards did NIKE (NKE) grant to CFO David Denton on this Form 4?
NIKE granted CFO David M. Denton a stock option for 259,946 shares of Class B common stock at $38.12 per share, expiring September 1, 2036, and 71,234 RSUs. Both awards were made on September 1, 2026.
How do the new RSUs for NIKE (NKE) CFO David Denton vest?
The 71,234 RSUs granted to CFO David Denton vest over four years: 25% of the total number of RSUs vests on each of the first four anniversaries of the grant date, according to the Stock Incentive Plan terms.
What are the vesting terms of the new stock options granted by NIKE (NKE) to its CFO?
The stock option for 259,946 shares granted to NIKE’s CFO becomes exercisable as to 25% of the shares on each of the first four anniversaries of the grant date, with an exercise price of $38.12 and an expiration date of September 1, 2036.
Was a Rule 10b5-1 trading plan involved in this NIKE (NKE) Form 4 filing?
No. The filing indicates that the Rule 10b5-1 checkbox is not selected, meaning no Rule 10b5-1 trading plan is reported in connection with these equity awards to NIKE’s CFO.
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