NIKE (NKE) director Robert Holmes Swan buys 11,781 Class B shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NIKE, Inc. director Robert Holmes Swan bought 11,781.387 shares of Class B Common Stock in an open-market purchase at a weighted average price of $42.44 per share.
After this transaction, he directly owns 55,074.387 Class B shares and indirectly holds 1,580 shares through the Swan Family Revocable Trust.
The purchase took place during a trading window permitted by company policy, which allows officers and directors to trade only following quarterly earnings releases and within a defined period each quarter.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,781.387 shares ($500,002)
Net Buy
2 txns
Insider
SWAN ROBERT HOLMES
Role
Director
Bought
11,781.387 shs ($500K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common Stock | 11,781.387 | $42.44 | $500K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 55,074.387 shares (Direct);
Class B Common Stock — 1,580 shares (Indirect, by Trust)
Footnotes (1)
- 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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $42.435 to $42.44, 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 ranges set forth in the footnote (2) to this Form 4. These shares are held by the Swan Family Revocable Trust.
Key Figures
Shares purchased: 11,781.387 shares
Weighted average price: $42.44 per share
Direct holdings after trade: 55,074.387 shares
+2 more
5 metrics
Shares purchased
11,781.387 shares
Open-market buy of Class B Common Stock on April 7, 2026
Weighted average price
$42.44 per share
Average purchase price across multiple trades
Direct holdings after trade
55,074.387 shares
Class B Common Stock directly owned post-transaction
Indirect holdings via trust
1,580 shares
Class B shares held by Swan Family Revocable Trust
Price range of trades
$42.435–$42.44 per share
Range of prices for individual purchase executions
Key Terms
open-market purchase, weighted average price, 10b5-1 trading plans, Revocable Trust, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for the Class B Common Stock buy"
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 price reported in Column 4 is a 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.
10b5-1 trading plans regulatory
"except pursuant to approved 10b5-1 trading plans."
A 10b5-1 trading plan is a written, pre-set schedule that lets company insiders automatically buy or sell stock at specified times or prices, similar to setting up automatic bill payments. It matters to investors because it lowers the chance that executives are trading based on secret information and provides a clear record of planned trades, helping markets judge whether insider sales reflect business fundamentals or personal needs.
Revocable Trust financial
"These shares are held by the Swan Family Revocable Trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"total_shares_following_transaction": "1580.0000" ... "ownership_type": "indirect""
FAQ
What insider transaction did NIKE (NKE) director Robert Holmes Swan report?
Robert Holmes Swan reported an open-market purchase of 11,781.387 NIKE Class B Common shares. The weighted average purchase price was $42.44 per share, reflecting multiple trades within a narrow intraday price range disclosed in the filing’s footnotes.
What does NIKE’s trading window policy mean for this Robert Holmes Swan purchase?
NIKE’s policy allows officers and directors to trade only after the first full trading day following quarterly earnings, until the fourteenth day of the third month of the next fiscal quarter. This purchase occurred within that permitted trading window under the disclosed company policy.
How are Robert Holmes Swan’s indirect NIKE (NKE) holdings structured?
The filing shows 1,580 NIKE Class B shares held indirectly by the Swan Family Revocable Trust. This indicates those shares are owned through the trust rather than directly, and the Form 4 identifies the nature of ownership as “by Trust.”