NIKE (NKE) president reports 31,216 performance-based RSUs and updated holdings

Rhea-AI Filing Summary

NIKE, Inc. reported an insider equity grant to its president. On 12/10/2025, the president of NIKE received 31,216 shares of Class B common stock at a stated price of $0, described as performance-based restricted stock units granted under the NIKE, Inc. Stock Incentive Plan. These units are scheduled to vest on the second anniversary of the grant date, meaning the executive gains full ownership only if the vesting conditions are met.

Following this grant, the executive beneficially owned 62,544 shares of NIKE Class B common stock directly, plus 1,078 shares held indirectly through a retirement plan. The filing notes that the total includes shares acquired through NIKE’s Employee Stock Purchase Plan and shares held in the NIKE 401(k) Plan, illustrating how the executive’s stake is spread across multiple company-sponsored programs.

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

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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^*

Montagne Amy

(Last) (First) (Middle)

ONE BOWERMAN DRIVE

(Street)

BEAVERTON OR 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2025

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)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock	12/10/2025		A(1)		31,216	A	$0	62,544(2)	D
Class B Common Stock								1,078	I	by Retirement Plan(3)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Performance-Based Restricted Stock Units granted under the NIKE, Inc. Stock Incentive Plan which vest on the second anniversary of the date of the grant.

2. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.

3. Shares held in account under The NIKE, Inc. 401(k) Plan.

	/s/ Kelsey A. Baldwin, attorney-in-fact for Ms. Montagne	12/12/2025
	** 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).
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FAQ

What insider transaction did NIKE (NKE) disclose in this Form 4?

NIKE disclosed that its president received 31,216 shares of Class B common stock, reported as performance-based restricted stock units granted on 12/10/2025 at a stated price of $0.

Who is the reporting person in this NIKE (NKE) Form 4 filing?

The reporting person is an officer of NIKE, Inc., identified with the title PRESIDENT, NIKE, filing the form as a single reporting person.

How many NIKE (NKE) shares does the executive own after this transaction?

After the reported grant, the executive beneficially owned 62,544 shares of NIKE Class B common stock directly and 1,078 shares indirectly through a retirement plan.

What are the terms of the restricted stock units granted to the NIKE (NKE) president?

The filing describes them as Performance-Based Restricted Stock Units under the NIKE, Inc. Stock Incentive Plan that vest on the second anniversary of the grant date.

How are indirect NIKE (NKE) share holdings reported for this executive?

The Form 4 shows 1,078 shares held indirectly in an account under The NIKE, Inc. 401(k) Plan, reflecting retirement plan holdings.

What other NIKE (NKE) plans contribute to the executive’s share ownership?

The filing notes that the beneficial ownership figure includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan as well as shares held in the NIKE 401(k) Plan.