NIKE insider McCartney sells $96K in stock
NIKE EVP Philip McCartney reported a planned sale of 2,559 Class B shares, remaining a significant shareholder through direct holdings and a 401(k) plan.
Rhea-AI Filing Summary
NIKE, Inc. (NKE) executive Philip McCartney, EVP and Chief Innovation, Product & Design Officer, sold 2,559 shares of Class B common stock on September 9, 2026 at $37.59 per share in a market transaction. The sale was made under a Rule 10b5-1 trading plan adopted on January 24, 2026. Following this sale, he holds 78,120.9272 shares directly and 1,839 shares indirectly through a NIKE 401(k) plan account.
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Insider Trade Summary 10b5-1
Net Seller: 2,559 shares
Net Sell
2 txns
Insider
McCartney Philip
Role
EVP: CHIEF INN,PROD&DSG OFCR
Sold
2,559 shs ($96K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock F1, F2, F3 | 2,559 | $37.59 | $96K |
| holding | Class B Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 78,120.9272 shares (Direct);
Class B Common Stock — 1,839 shares (Indirect, by Retirement Plan)
Footnotes (4)
- 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 transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on January 24, 2026.
- F3. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
- F4. Shares held in account under The NIKE, Inc. 401(k) Plan.
Key Figures
Shares sold: 2,559 shares
Sale price per share: $37.59 per share
Approximate transaction value: $96,192.81
+3 more
6 metrics
Shares sold
2,559 shares
Class B common stock sold by Philip McCartney on September 9, 2026
Sale price per share
$37.59 per share
Price for the September 9, 2026 sale of 2,559 shares
Approximate transaction value
$96,192.81
2,559 shares sold at $37.59 per share
Direct holdings after transaction
78,120.9272 shares
Direct Class B common stock held by Philip McCartney after the sale
Indirect 401(k) holdings
1,839 shares
Shares held in an account under The NIKE, Inc. 401(k) Plan
Rule 10b5-1 plan adoption date
January 24, 2026
Adoption date of the trading plan used for the reported sale
Key Terms
Rule 10b5-1 trading plan, Employee Stock Purchase Plan, 401(k) Plan
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on January 24, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Purchase Plan financial
"Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
401(k) Plan financial
"Shares held in account under The NIKE, Inc. 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NIKE (NKE) report for Philip McCartney?
Philip McCartney sold 2,559 shares of NIKE Class B common stock in a market transaction on September 9, 2026, at a price of $37.59 per share, under a pre-arranged Rule 10b5-1 trading plan.
Was the NIKE (NKE) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Philip McCartney on January 24, 2026, indicating the trades were pre-arranged under that plan.
What trading window policy does NIKE (NKE) apply to officers’ stock transactions?
NIKE’s policy permits market transactions by officers and directors only from the first full trading day after quarterly earnings release through the fourteenth day of the third month of the following fiscal quarter, except for trades under approved 10b5-1 trading plans.
AI-generated analysis. How Rhea-AI works. Not financial advice.
