NKE Form 4: Robert Leinwand Disposed of 697 Shares at $75.13
Rhea-AI Filing Summary
NIKE, Inc. insider Robert Leinwand reported a sale of 697 shares of Class B common stock on 10/02/2025 at a price of $75.1322 per share. After the reported transaction, Mr. Leinwand beneficially owns 44,158.2318 shares directly and an additional 1,464 shares indirectly through the company's 401(k) plan. The filing notes that some shares are held via the Employee Stock Purchase Plan and that market transactions are governed by company policy and 10b5-1 plans. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Leinwand on 10/03/2025.
Positive
- Substantial retained stake: reporting person still holds 44,158.2318 shares after the sale
- Retirement plan ownership: 1,464 shares held indirectly via NIKE's 401(k) plan, indicating continued long-term exposure
- ESPP participation: some shares include purchases under NIKE's Employee Stock Purchase Plan
Negative
- Insider sale disclosed: 697 shares sold on 10/02/2025 at $75.1322 per share
- Sale could reduce perceived insider conviction: an executed market sale (code S) removes a portion of the insider's direct holdings
Insights
Insider sold 697 shares at $75.1322; sizable residual stake remains.
The filing shows a sale (S) of 697 Class B shares on 10/02/2025 and a remaining direct beneficial ownership of 44,158.2318 shares. This indicates ongoing exposure to the issuer despite the disposals.
The report also discloses 1,464 shares held indirectly in the company's 401(k) and inclusion of shares from the Employee Stock Purchase Plan, which can signal continued long-term alignment via retirement and ESPP holdings. The signature by an attorney-in-fact is noted and routine.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 697 | $75.1322 | $52K |
| holding | Class B Common Stock | -- | -- | -- |
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. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan. Shares held in account under the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.