Nike (NKE) Chief Legal Officer Robert Leinwand sells 9,065 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NIKE, Inc. executive Robert Leinwand, EVP and Chief Legal Officer, reported an open-market sale of Class B Common Stock. On 02/12/2026, he sold 9,065 Class B shares at $62.33 per share in a transaction coded as a sale.
After this trade, Leinwand beneficially owned 61,662.2318 Class B shares directly and 1,481 Class B shares indirectly through a retirement plan account. The footnotes note that officers and directors may trade only within a defined window following NIKE’s quarterly earnings releases or under approved 10b5-1 plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,065 shares ($565,021)
Net Sell
2 txns
Insider
Leinwand Robert
Role
EVP: Chief Legal Officer
Sold
9,065 shs ($565K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 9,065 | $62.33 | $565K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 61,662.232 shares (Direct);
Class B Common Stock — 1,481 shares (Indirect, by Retirement Plan)
Footnotes (1)
- 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. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan. Shares held in account under The NIKE, Inc. 401(k) Plan.
FAQ
What insider transaction did Robert Leinwand report at NIKE (NKE)?
Robert Leinwand reported an open-market sale of NIKE Class B Common Stock. On February 12, 2026, he sold 9,065 Class B shares at $62.33 per share, as disclosed in a Form 4 insider trading report.
What role does Robert Leinwand hold at NIKE (NKE)?
Robert Leinwand serves as NIKE’s Executive Vice President and Chief Legal Officer. His status as an officer makes him a reporting person for insider transactions, which must be disclosed on Form 4 under U.S. securities regulations.
How are Robert Leinwand’s indirect NIKE (NKE) holdings structured?
Robert Leinwand’s indirect NIKE holdings are reported as 1,481 Class B shares held by a retirement plan. A footnote specifies these shares are in an account under The NIKE, Inc. 401(k) Plan, reflecting indirect beneficial ownership.
What trading window policy applies to NIKE (NKE) officers’ stock transactions?
NIKE’s policy permits officers and directors to trade company stock only from the first full trading day after quarterly earnings are released through the fourteenth day of the third month of the following fiscal quarter, or under approved Rule 10b5-1 plans.