NIKE insider filing: 5,238 restricted Class B shares granted to director

Q: What did Nike director Jorgen Vig Knudstorp receive on 09/09/2025 (NKE)?

He was granted two separate awards of restricted Class B common stock , each for 2,619 shares , totaling 5,238 shares .

Q: When do the restricted shares granted to Knudstorp vest?

One award vests 100% on the first anniversary of the grant; the other vests 100% on the earlier of the next annual shareholder meeting or the last day of the 12th full calendar month after grant.

Q: How were the shares reported in terms of ownership form?

Both grants are reported as direct (D) beneficial ownership by the reporting person.

Q: When was the Form 4 filed and who signed it?

The Form 4 shows a signature by an attorney-in-fact for Mr. Knudstorp, dated 09/11/2025 .

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

NIKE, Inc. (NKE) director Jorgen Vig Knudstorp was granted restricted Class B common stock in two awards on 09/09/2025, each for 2,619 shares, resulting in 5,238 Class B shares beneficially owned following the transactions. Both grants are reported as direct ownership and were issued at a price of $0 under the NIKE, Inc. Stock Incentive Plan. One award’s restrictions lapse 100% on the first anniversary of the grant; the other lapses 100% on the earlier of the next annual shareholder meeting or the last day of the 12th full calendar month after grant. The Form 4 was signed by an attorney-in-fact and dated 09/11/2025.

Positive

Director alignment with shareholders: Time-based restricted shares vesting within 12 months align director interests with shareholder value.
Clear vesting terms: Both grants specify 100% lapse dates, improving transparency of compensation timing.
Timely disclosure: Form 4 filed and signed within two days of the transaction date, complying with reporting rules.

Negative

None.

Insights

TL;DR: Routine director equity awards align interests with shareholders without signaling material governance change.

The reported Form 4 documents two restricted share grants to a director totaling 5,238 Class B shares. Both are direct grants under the company’s equity plan and vest on clear, time-based schedules. This is a standard governance practice to link director incentives to shareholder outcomes. No unusual vesting conditions, accelerated triggers, or derivative instruments are disclosed. The disclosure is timely and complete for Section 16 reporting.

TL;DR: Time-based restricted stock awards for a director; typical compensation method with predictable vesting.

The awards are documented as restricted shares granted at $0 with 100% of each award vesting on fixed time events (first anniversary; earlier of next annual meeting or 12 months). These are straightforward, non-performance-based grants that provide retention incentives. The magnitude (2,619 shares per award) is disclosed, but without context on total outstanding shares or compensation benchmarks; therefore, materiality to pay levels cannot be assessed from this filing alone.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider KNUDSTORP JORGEN VIG

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock	2,619	$0.00	--
Grant/Award	Class B Common Stock	2,619	$0.00	--

Holdings After Transaction: Class B Common Stock — 2,619 shares (Direct)

Footnotes (1)

Restricted shares granted on 09/09/2025 under the NIKE, Inc. Stock Incentive Plan. The restrictions lapse with respect to 100% of the shares on the first anniversary of the date of grant; and upon any termination of service, any shares as to which the restrictions have not expired shall be forfeited. Restricted shares granted on 09/09/2025 under the NIKE, Inc. Stock Incentive Plan. The restrictions lapse with respect to 100% of the shares on the earlier of the date of the next annual meeting of shareholders, or the last day of the 12th full calendar month following the date of grant.

Form 4 Insider Transactions: What Each Field Means →

09/11/2025 - 04:53 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KNUDSTORP JORGEN VIG

(Last)

(First)

(Middle)

ONE BOWERMAN DRIVE

(Street)

BEAVERTON

97005

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
NIKE, Inc. [ NKE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	09/09/2025		A⁽¹⁾		2,619	A	$0	2,619	D
Class B Common Stock	09/09/2025		A⁽²⁾		2,619	A	$0	5,238	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Restricted shares granted on 09/09/2025 under the NIKE, Inc. Stock Incentive Plan. The restrictions lapse with respect to 100% of the shares on the first anniversary of the date of grant; and upon any termination of service, any shares as to which the restrictions have not expired shall be forfeited.

2. Restricted shares granted on 09/09/2025 under the NIKE, Inc. Stock Incentive Plan. The restrictions lapse with respect to 100% of the shares on the earlier of the date of the next annual meeting of shareholders, or the last day of the 12th full calendar month following the date of grant.

	/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Knudstorp	09/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Nike director Jorgen Vig Knudstorp receive on 09/09/2025 (NKE)?

He was granted two separate awards of restricted Class B common stock, each for 2,619 shares, totaling 5,238 shares.

When do the restricted shares granted to Knudstorp vest?

One award vests 100% on the first anniversary of the grant; the other vests 100% on the earlier of the next annual shareholder meeting or the last day of the 12th full calendar month after grant.

What price was paid for the granted shares reported on the Form 4?

The grants were reported at a purchase price of $0 per share, indicating they are restricted stock awards under the company plan.

How were the shares reported in terms of ownership form?

Both grants are reported as direct (D) beneficial ownership by the reporting person.

When was the Form 4 filed and who signed it?

The Form 4 shows a signature by an attorney-in-fact for Mr. Knudstorp, dated 09/11/2025.