Mark Parker Granted 84,890 Nike Options; 10-Year Term, 4-Year Vesting

Rhea-AI Filing Summary

NIKE, Inc. (NKE) Form 4: Mark G. Parker, Executive Chairman and director, was granted a non-qualified stock option on 09/01/2025 for 84,890 shares at an exercise price of $77.37 per share. The option is shown with an expiration date of 09/01/2035 and is reported as direct beneficial ownership of 84,890 shares following the grant. The filing notes the option vests in four equal installments (25% each) on the first four anniversaries of the grant date. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Parker on 09/03/2025.

Insights

Financial Analyst

TL;DR: Routine executive stock option grant; adds potential future dilution but follows a standard multi-year vesting schedule.

The grant of 84,890 non-qualified stock options at a $77.37 exercise price is a common form of long-term compensation. The ten-year term to 09/01/2035 and four-year annual vesting aligns executive incentives with multi-year performance without immediate share dilution because options must be exercised to convert to stock. The reported post-grant direct beneficial ownership of 84,890 options indicates the full award is recorded immediately for Section 16 purposes. This filing does not disclose total outstanding shares or the grant's percentage of share count, so precise dilution impact cannot be calculated from the Form 4 alone.

Corporate Governance Expert

TL;DR: Standard governance practice: a time-vested option grant to an executive-chairman consistent with common incentive structures.

The documentation explicitly states the option vests 25% on each of the first four anniversaries, indicating typical service-based vesting rather than performance-based conditions. The direct ownership reporting and attorney-in-fact signature follow regulatory requirements. The filing does not include grant approval details, comparator metrics, or the grant's relation to prior awards, so evaluation of governance practices and alignment with shareholder interests is limited by the information provided.

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

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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^*

PARKER MARK G

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EXECUTIVE CHAIRMAN

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025

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

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
Non-Qualified Stock Option (Right to Buy)	$77.37	09/01/2025		A		84,890		(1)	09/01/2035	Class B Common Stock	84,890	$0	84,890	D

Explanation of Responses:

1. Stock Option granted under the NIKE, Inc. Stock Incentive Plan; it becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.

	/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Parker	09/03/2025
	** 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 did NKE insider Mark G. Parker report on Form 4?

The Form 4 reports a grant of a non-qualified stock option for 84,890 shares to Mark G. Parker on 09/01/2025.

What is the exercise price and expiration date of the option reported by Mark G. Parker (NKE)?

The option has an exercise price of $77.37 per share and is shown with an expiration date of 09/01/2035.

How does the reported option vest according to the Form 4?

The filing states the option vests 25% on each of the first four anniversaries of the grant date.

How many shares is Mr. Parker beneficially owned of after the reported transaction?

The Form 4 reports Mr. Parker beneficially owns 84,890 shares (options) following the transaction, reported as direct ownership.

Who signed the Form 4 for Mark G. Parker and when?

The Form 4 was signed by Kelsey A. Baldwin, attorney-in-fact, on 09/03/2025.