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NIKE (NYSE: NKE) EVP Chief Legal Officer reports 31,216-share equity award

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

Rhea-AI Filing Summary

NIKE, Inc. reported that its EVP and Chief Legal Officer acquired 31,216 shares of Class B common stock on 12/10/2025, recorded at a price of $0 per share. After this transaction, the executive directly held 75,374.2318 Class B shares and indirectly held 1,481 shares through a retirement plan. The acquisition is linked to performance-based restricted stock units granted under NIKE’s stock incentive plan, which vest on the second anniversary of the grant date, and also reflects shares accumulated under the employee stock purchase plan and the company’s 401(k) plan.

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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*
Leinwand Robert

(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)
EVP: Chief Legal Officer
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 75,374.2318(2) D
Class B Common Stock 1,481 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 Mr. Leinwand 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).
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.

FAQ

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

NIKE reported that its EVP and Chief Legal Officer acquired 31,216 shares of Class B common stock on 12/10/2025 at a stated price of $0 per share.

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

Following the reported transaction, the executive beneficially owns 75,374.2318 Class B shares directly and 1,481 shares indirectly through a retirement plan.

What type of equity award did the NIKE (NKE) executive receive?

The filing states the executive received performance-based restricted stock units granted under the NIKE, Inc. Stock Incentive Plan, which vest on the second anniversary of the grant date.

When do the NIKE (NKE) performance-based restricted stock units vest?

The performance-based restricted stock units described in the filing vest on the second anniversary of the date of grant.

What plans contributed to the NIKE (NKE) share totals in this Form 4?

The share totals include stock granted under the NIKE, Inc. Stock Incentive Plan, shares acquired through the Employee Stock Purchase Plan, and shares held in The NIKE, Inc. 401(k) Plan.

Is this NIKE (NKE) Form 4 filed for one reporting person or a group?

The document shows that the Form 4 is filed by one reporting person, the EVP and Chief Legal Officer of NIKE.

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Footwear & Accessories
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