NIKE chair gifts 22,230 Class B shares
NIKE, Inc. executive chairman and director Mark G. Parker reported a bona fide gift of Class B Common Stock.
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Form Type
4
Rhea-AI Filing Summary
NIKE, Inc. executive chairman and director Mark G. Parker reported a bona fide gift of Class B Common Stock. On May 14, 2026, he gifted 22,230 shares at a reported price of $0.00 per share. After the gift, he directly holds 625,385 Class B shares and indirectly holds 39,823 shares through an account under The NIKE, Inc. 401(k) Plan. The filing notes that the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Parker on December 24, 2025, indicating the gift was pre-arranged rather than opportunistic trading.
Insider Trade Summary 10b5-1
22,230 shares gifted
Gift
2 txns
Insider
PARKER MARK G
Role
EXECUTIVE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 22,230 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 625,385 shares (Direct);
Class B Common Stock — 39,823 shares (Indirect, by Retirement Plan)
Footnotes (3)
- F1. Pursuant to Company policy, market sales of Company stock by officers and directors are permitted only after the first full trading day after the public 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 December 24, 2025.
- F3. Shares held in account under The NIKE, Inc. 401(k) Plan.
Key Figures
Gifted shares: 22,230 shares
Gift price per share: $0.00 per share
Direct holdings after transaction: 625,385 shares
+4 more
7 metrics
Gifted shares
22,230 shares
Bona fide gift of Class B Common Stock on May 14, 2026
Gift price per share
$0.00 per share
Reported transaction price for gifted shares
Direct holdings after transaction
625,385 shares
Class B Common Stock directly owned following the gift
Indirect 401(k) holdings
39,823 shares
Class B Common Stock held in The NIKE, Inc. 401(k) Plan
Gift transaction count
1 transaction
Bona fide gift reported in the period
Shares gifted total
22,230 shares
Total gift shares per transactionSummary
10b5-1 plan adoption date
December 24, 2025
Date Parker adopted the trading plan used for the transaction
Key Terms
Class B Common Stock, bona fide gift, Rule 10b5-1 trading plan, The NIKE, Inc. 401(k) Plan, +1 more
5 terms
Class B Common Stock financial
"security_title: "Class B Common Stock""
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a 10b5-1 trading plan"
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.
The NIKE, Inc. 401(k) Plan financial
"Shares held in account under The NIKE, Inc. 401(k) Plan."
executive chairman financial
"officer_title: "EXECUTIVE CHAIRMAN""
An executive chairman is the board leader who also takes an active role in running the company, combining oversight of the board with hands-on involvement in strategy and major decisions. For investors, this matters because it concentrates influence in one person—like a team captain who both sets the game plan and plays on the field—so their judgment can speed decisions but also increases governance and succession risk that can affect stock value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NIKE (NKE) report for Mark G. Parker?
Mark G. Parker reported a bona fide gift of NIKE shares. On May 14, 2026, he gifted 22,230 shares of NIKE Class B Common Stock at a stated price of $0.00 per share, reflecting a non-market, non-cash transfer.
Was the NIKE (NKE) insider transaction made under a Rule 10b5-1 plan?
Yes, the filing states the transaction used a Rule 10b5-1 plan. The Form 4 notes that the gift transaction was effected pursuant to a 10b5-1 trading plan adopted by Mark G. Parker on December 24, 2025, indicating it was pre-arranged.
What does the transaction code G mean in the NIKE (NKE) Form 4?
The transaction code G indicates a bona fide gift. In this Form 4, code G is used for Parker’s transfer of 22,230 NIKE Class B Common Stock shares, signifying a gratuitous disposition with no sale proceeds reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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