NKE Form 4: Director receives 2,619 restricted Class B shares under incentive plan
Rhea-AI Filing Summary
NIKE, Inc. (NKE) director Timothy D. Cook was granted 2,619 Class B common shares under the NIKE, Inc. Stock Incentive Plan on 09/09/2025 at a reported price of $0. After the grant, Mr. Cook beneficially owned 55,480 Class B shares. The restricted shares vest in full on the earlier of the next annual shareholders meeting or the last day of the 12th full calendar month following the grant date. The Form 4 was signed on behalf of Mr. Cook by an attorney-in-fact on 09/11/2025.
Positive
- 2,619 Class B restricted shares granted to director Timothy D. Cook under the NIKE, Inc. Stock Incentive Plan
- Full vesting schedule disclosed: restrictions lapse on earlier of next annual meeting or 12 months after grant
- Post-transaction beneficial ownership disclosed: 55,480 Class B shares
Negative
- None.
Insights
TL;DR: Director received a small restricted share award that vests within a year; routine insider grant under company plan.
The filing shows a 2,619-share restricted stock grant to a director under the NIKE, Inc. Stock Incentive Plan with a $0 reported price and accelerated vesting no later than the next annual meeting or 12 months after grant. This is a customary equity-based director compensation event documented via Form 4. The disclosure is straightforward and contains the vesting condition and post-transaction beneficial ownership of 55,480 Class B shares.
TL;DR: Form 4 correctly reports a non-derivative acquisition by a director; filing appears complete for this transaction.
The report identifies transaction code A(1) for acquisition of restricted shares and includes the required details: transaction date (09/09/2025), amount acquired (2,619), price ($0), resulting beneficial ownership (55,480), and the vesting explanation. The Form is signed by an attorney-in-fact and indicates it is filed by one reporting person. No derivative holdings or additional transactions are reported on this filing.