NIKE (NKE) EVP sells 524 shares under 10b5-1 plan, retains 52K
Rhea-AI Filing Summary
NIKE EVP Philip McCartney reported selling 524 shares of Class B Common Stock on 2026-08-05 at $41.6000 per share. Following the sale, he holds 52114.9272 shares directly, including shares acquired through the Employee Stock Purchase Plan, and 1839.0000 shares indirectly via The NIKE, Inc. 401(k) Plan. The sale was executed under a Rule 10b5-1 trading plan adopted on January 24, 2026, in line with company policies that limit when officers may trade.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 524 shares
Net Sell
2 txns
Insider
McCartney Philip
Role
EVP: CHIEF INN,PROD&DSG OFCR
Sold
524 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock F1, F2, F3 | 524 | $41.60 | $22K |
| holding | Class B Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 52,114.9272 shares (Direct);
Class B Common Stock — 1,839 shares (Indirect, by Retirement Plan)
Footnotes (4)
- F1. Pursuant to Company policy, market transactions in Company stock by officers and directors are permitted only after the first full trading day after the release of quarterly earnings and ending on the fourteenth day of the third month of the following fiscal quarter, except pursuant to approved 10b5-1 trading plans.
- F2. The transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on January 24, 2026.
- F3. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
- F4. Shares held in account under The NIKE, Inc. 401(k) Plan.
Key Figures
Shares sold: 524 shares
Sale price per share: $41.6000
Direct holdings after sale: 52114.9272 shares
+2 more
5 metrics
Shares sold
524 shares
Class B Common Stock sold on 2026-08-05
Sale price per share
$41.6000
Price per share for 524 Class B shares sold
Direct holdings after sale
52114.9272 shares
Directly held Class B Common Stock following reported sale
Indirect 401(k) holdings
1839.0000 shares
Shares held indirectly via The NIKE, Inc. 401(k) Plan
10b5-1 plan adoption date
January 24, 2026
Date reporting person adopted Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, Employee Stock Purchase Plan, 401(k) Plan, Class B Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Purchase Plan financial
"Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NIKE (NKE) EVP Philip McCartney report?
Philip McCartney reported selling 524 shares of NIKE Class B Common Stock on 2026-08-05 at $41.6000 per share, classified as a sale in the open market or a private transaction under company reporting rules.
What does NIKE (NKE) disclose about trading windows for officers and directors?
NIKE states that officers’ and directors’ market transactions in company stock are generally permitted only in a limited post-earnings trading window, except when made under approved Rule 10b5-1 trading plans, which can allow trades outside that window.