NIKE director buys 11.8K shares at $42.44
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common Stock | 11,781.387 | $42.44 | $500K |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (3)
- 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 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.
- F3. These shares are held by the Swan Family Revocable Trust.
Key Figures
Key Terms
open-market purchase financial
weighted average price financial
10b5-1 trading plans regulatory
Revocable Trust financial
indirect ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NIKE (NKE) director Robert Holmes Swan report?
What does NIKE’s trading window policy mean for this Robert Holmes Swan purchase?
How are Robert Holmes Swan’s indirect NIKE (NKE) holdings structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.