NIKE director gets 5,171-share stock grant

NIKE director Alexandre Arnault received 5,171 restricted Class B shares that cliff-vest after one year, raising his direct holdings to 30,171 shares.

Rhea-AI Filing Summary

NIKE, Inc. (symbol: NKE) is the issuer of record for a Form 4 filing submitted to the SEC. Arnault Alexandre reported acquisition or exercise transactions in this Form 4 filing.

NIKE, Inc. (NKE) reported that director Alexandre Arnault received a grant of 5,171 restricted shares of Class B Common Stock on September 15, 2026 under the NIKE, Inc. Stock Incentive Plan. The award was at $0.00 per share as compensation and increases his direct holdings to 30,171 shares. All restrictions on these shares are scheduled to lapse on the first anniversary of the grant date, and any unvested shares will be forfeited upon termination of service. No Rule 10b5-1 trading plan is reported in connection with this award.

Insider Trade Summary

Grant/Award: 5,171 shares

Grant/Award 1 txn

Insider Arnault Alexandre

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class B Common Stock F1	5,171	$0.00	$0.00

Holdings After Transaction: Class B Common Stock — 30,171 shares (Direct)

Footnotes (1)

1. F1. Restricted shares granted on 09/15/2026 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.

Key Figures

Restricted shares granted: 5,171 shares Grant price: $0.00 per share Shares held after transaction: 30,171 shares +2 more

5 metrics

Restricted shares granted 5,171 shares Equity award to director Alexandre Arnault on September 15, 2026

Grant price $0.00 per share Restricted Class B Common Stock award on September 15, 2026

Shares held after transaction 30,171 shares Total direct holdings of Alexandre Arnault after the award

Vesting schedule 100% after 1 year Restrictions lapse on the first anniversary of the grant date

Termination treatment Unvested shares forfeited Any shares with unexpired restrictions are forfeited upon termination of service

Key Terms

Restricted shares, Stock Incentive Plan, forfeited

3 terms

Restricted shares financial

"Restricted shares granted on 09/15/2026 under the NIKE, Inc. Stock Incentive Plan."

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

Stock Incentive Plan financial

"Restricted shares granted on 09/15/2026 under the NIKE, Inc. Stock Incentive Plan."

A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.

forfeited financial

"upon any termination of service, any shares as to which the restrictions have not expired shall be forfeited."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did NIKE (NKE) report for director Alexandre Arnault?

NIKE reported that director Alexandre Arnault received a grant of 5,171 restricted shares of Class B Common Stock on September 15, 2026 as an equity award under the NIKE, Inc. Stock Incentive Plan.

How many NIKE (NKE) shares does Alexandre Arnault hold after this award?

After the restricted stock grant, Alexandre Arnault directly holds 30,171 shares of NIKE Class B Common Stock, as reported in the filing following the September 15, 2026 transaction.

When do Alexandre Arnault’s new NIKE (NKE) restricted shares vest?

The filing states that restrictions on 100% of the 5,171 restricted shares lapse on the first anniversary of the September 15, 2026 grant date, subject to continued service.

What happens to Alexandre Arnault’s NIKE (NKE) restricted shares if his service ends early?

NIKE discloses that upon any termination of service, any shares for which restrictions have not expired will be forfeited, meaning unvested restricted shares from this grant would be lost.

Was Alexandre Arnault’s NIKE (NKE) share grant made under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan is reported in connection with this restricted stock grant to Alexandre Arnault.

Did Alexandre Arnault pay anything for the new NIKE (NKE) shares?

No. The report shows the 5,171 restricted shares of Class B Common Stock were granted at a reported price of $0.00 per share, reflecting a compensation award rather than a market purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/17/2026 - 04:34 PM Accepted by SEC EDGAR 09/17/2026 - 04:33 PM Learn about SEC filing dates

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^*

Arnault Alexandre

(Last) (First) (Middle)

ONE BOWERMAN DRIVE

(Street)

BEAVERTON OREGON 97005

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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

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

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

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	09/15/2026		A(1)		5,171	A	$0	30,171	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted shares granted on 09/15/2026 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.

	/s/ Carlos J. Wilson, attorney-in-fact for Mr. Arnault	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)