STOCK TITAN
  1. Home
  2. Sec-filings
  3. NKE
  4. [Form 4] NIKE, Inc. Insider Trading Activity

NIKE, Inc. (NKE) director details major trust and partnership moves

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NIKE, Inc. director Travis A. Knight reported several internal transfers of Class B Common Stock involving personal and related entities. On December 22, 2025, he contributed 1,694,859 shares to Three Strings Investors, L.P., a partnership he fully controls, reflecting a change in the form of beneficial ownership. These shares had previously been transferred to him on October 29, 2025 from a grantor retained annuity trust in final satisfaction of that trust’s annuity obligations. On December 31, 2025, the Travis A. Knight 2009 Irrevocable Trust II distributed 3,000,000 shares to him for no consideration, and he then contributed those shares to Three Strings, also for no consideration. Following these moves, he holds large positions both directly and indirectly through the partnership and a separate GRAT, and no derivative securities are reported.

Positive

  • None.

Negative

  • None.
Insider Knight Travis A
Role Director
Type Security Shares Price Value
Other Class B Common Stock 3,000,000 $0.00 --
Other Class B Common Stock 3,000,000 $0.00 --
Other Class B Common Stock 3,000,000 $0.00 --
holding Class B Common Stock -- -- --
Other Class B Common Stock 1,694,859 $0.00 --
Holdings After Transaction: Class B Common Stock — 3,033,940 shares (Direct); Class B Common Stock — 4,694,859 shares (Indirect, by Partnership)
Footnotes (1)
  1. On December 22, 2025, the reporting person contributed 1,694,859 shares to Three Strings Investors, L.P. ("Three Strings"), representing a change in form of beneficial ownership of those shares. The reporting person exercises full management authority over Three Strings and owns, directly or indirectly, 100 % of the economic interests in Three Strings. The 1,694,859 shares contributed to Three Strings were transferred to the reporting person on October 29, 2025, from a grantor retained annuity trust formed by the reporting person, in final satisfaction of the trust's annuity obligations in a transaction that constituted a change in the form of beneficial ownership and was therefore exempted by Rule 16a-13 under the Securities Act of 1934. Such shares were owned directly by the reporting person prior to their contribution to Three Strings. These shares are held by Three Strings. On December 31, 2025, the Travis A. Knight 2009 Irrevocable Trust II, which is managed by an independent trustee, distributed the shares to the reporting person, the beneficiary of the trust, for no consideration. On December 31, 2025, the reporting person contributed the shares to Three Strings for no consideration.
Form 4 Insider Transactions: What Each Field Means →
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*
Knight Travis A
(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025
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 12/22/2025 J 1,694,859(1) A $0 1,694,859(2) I by Partnership(3)
Class B Common Stock 12/31/2025 J 3,000,000(4) A $0 3,033,940 D
Class B Common Stock 12/31/2025 J 3,000,000(5) D $0 33,940 D
Class B Common Stock 12/31/2025 J 3,000,000(5) A $0 4,694,859 I by Partnership(3)
Class B Common Stock 4,805,141 I by GRAT
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. On December 22, 2025, the reporting person contributed 1,694,859 shares to Three Strings Investors, L.P. ("Three Strings"), representing a change in form of beneficial ownership of those shares. The reporting person exercises full management authority over Three Strings and owns, directly or indirectly, 100 % of the economic interests in Three Strings.
2. The 1,694,859 shares contributed to Three Strings were transferred to the reporting person on October 29, 2025, from a grantor retained annuity trust formed by the reporting person, in final satisfaction of the trust's annuity obligations in a transaction that constituted a change in the form of beneficial ownership and was therefore exempted by Rule 16a-13 under the Securities Act of 1934. Such shares were owned directly by the reporting person prior to their contribution to Three Strings.
3. These shares are held by Three Strings.
4. On December 31, 2025, the Travis A. Knight 2009 Irrevocable Trust II, which is managed by an independent trustee, distributed the shares to the reporting person, the beneficiary of the trust, for no consideration.
5. On December 31, 2025, the reporting person contributed the shares to Three Strings for no consideration.
/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Knight 01/05/2026
** 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 insider transaction did NIKE (NKE) report in this Form 4?

The filing shows director Travis A. Knight reporting multiple transfers of Class B Common Stock between himself and related entities, including a partnership and trusts, with no cash consideration.

How many NIKE (NKE) shares did Travis A. Knight move into his partnership?

He contributed 1,694,859 shares of Class B Common Stock to Three Strings Investors, L.P. on December 22, 2025 and later contributed an additional 3,000,000 shares on December 31, 2025.

What role do trusts play in this NIKE (NKE) insider filing?

A grantor retained annuity trust previously transferred 1,694,859 shares to Travis A. Knight in final satisfaction of its annuity obligations, and the Travis A. Knight 2009 Irrevocable Trust II distributed 3,000,000 shares to him on December 31, 2025, all for no consideration.

Were the NIKE (NKE) insider transactions reported as sales or changes in ownership form?

The transactions are described as changes in the form of beneficial ownership or distributions and contributions for no consideration, rather than open-market sales or purchases.

How does Travis A. Knight indirectly own NIKE (NKE) shares after these transactions?

After the reported transactions, significant holdings are reported as indirectly owned through Three Strings Investors, L.P., which he fully controls, and through a separate GRAT that continues to hold shares.

Does this NIKE (NKE) Form 4 include any derivative securities like options or warrants?

Table II for derivative securities shows no reported entries, indicating no options, warrants, or other derivative securities in this filing.