[Form 4] Nike, Inc. Insider Trading Activity
Form 4 — Robert Leinwand, EVP & Chief Legal Officer, reported an insider sale of NIKE, Inc. (NKE) Class B common stock.
On 08/05/2025 Mr. Leinwand effected a transaction under a 10b5-1 trading plan (adopted 11/14/2024), selling 1,644 shares at $74.91. Following the reported transaction he beneficially owned 28,752.2318 shares (direct). The filing also shows 1,464 shares held indirectly in NIKE's 401(k) Savings and Profit Sharing Plan and notes inclusion of shares acquired via the Employee Stock Purchase Plan. The Form 4 was signed by attorney-in-fact on 08/06/2025.
- Transaction executed under a 10b5-1 trading plan (adopted 11/14/2024), indicating pre-arranged, compliance-approved trading.
- Filer retains substantial direct holdings: 28,752.2318 shares beneficially owned following the reported transaction.
- Additional retirement plan holdings disclosed: 1,464 shares held indirectly in the NIKE 401(k) Savings and Profit Sharing Plan.
- ESP Purchases referenced: filing notes inclusion of shares acquired via the Employee Stock Purchase Plan, indicating participation in company plans.
- Insider sale reported: 1,644 Class B shares sold on 08/05/2025 at $74.91 (may be interpreted negatively by some investors).
Insights
TL;DR: Insider executed a pre-arranged sale; holdings remain sizable and transaction was disclosed under a 10b5-1 plan.
The filing documents a sale of 1,644 Class B shares at $74.91 on 08/05/2025 under a 10b5-1 plan adopted 11/14/2024. The reporting person still beneficially owns 28,752.2318 shares (direct), with an additional 1,464 shares held indirectly in a 401(k) plan. For investors, the key takeaways are the transaction was pre‑arranged and fully disclosed, and no other material events, purchases, grants, or derivative transactions are reported in this filing.
TL;DR: Disclosure aligns with standard insider-trading controls; use of 10b5-1 plan indicates a compliance-approved sale.
The Form 4 indicates the sale was effected pursuant to an established 10b5-1 trading plan (adopted 11/14/2024), and the filer disclosed ESPP and 401(k) holdings. The timely filing (signed 08/06/2025) and inclusion of explanatory footnotes on the ESPP and retirement plan holdings reflect standard governance and disclosure practice. The form contains no indications of unusual or undisclosed related-party or derivative activity.