NIKE legal chief sells 3,646 shares at $37.59
NIKE’s EVP and Chief Legal Officer sold 3,646 Class B shares under a pre-arranged Rule 10b5-1 trading plan, retaining over 87,000 shares directly plus additional 401(k) holdings.
Rhea-AI Filing Summary
NIKE, Inc. (NKE) reports that Executive Vice President and Chief Legal Officer Robert Leinwand sold shares of NIKE Class B common stock. On September 9, 2026, he sold 3,646 shares at a price of $37.59 per share in a market transaction. The sale was made under a Rule 10b5-1 trading plan that he adopted on February 5, 2026. After this transaction, he directly holds 87,758.159 shares of NIKE Class B common stock, which include shares acquired through NIKE’s Employee Stock Purchase Plan, and indirectly holds 1,507 shares through an account under The NIKE, Inc. 401(k) Plan.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock F1, F2, F3 | 3,646 | $37.59 | $137K |
| holding | Class B Common Stock F4 | -- | -- | -- |
Footnotes (4)
- F1. 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.
- F2. The transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on February 5, 2026.
- F3. Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
- F4. Shares held in account under The NIKE, Inc. 401(k) Plan.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Employee Stock Purchase Plan financial
401(k) Plan financial
FAQ
What insider transaction did NIKE (NKE) report for Robert Leinwand?
Was the September 9, 2026 NKE insider sale made under a Rule 10b5-1 plan?
What type of NIKE (NKE) security did Robert Leinwand sell?
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