After 11,386-share gift, NIKE (NYSE: NKE) chair holds 613,999 shares
Rhea-AI Filing Summary
NIKE, Inc. executive chairman Mark G. Parker reported a bona fide gift of 11,386 shares of NIKE Class B Common Stock on 2026-08-14. The gift was recorded at $0.00 per share, reflecting a non-sale transfer. After the gift, Parker directly held 613,999 shares of Class B Common Stock. In addition, 39,869 shares were held indirectly through an account under The NIKE, Inc. 401(k) Plan. The transaction was effected under a Rule 10b5-1 trading plan adopted by Parker on December 24, 2025, as noted in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,386 shares
Net Sell
2 txns
Insider
PARKER MARK G
Role
EXECUTIVE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock F1, F2 | 11,386 | $0.00 | $0.00 |
| holding | Class B Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 613,999 shares (Direct);
Class B Common Stock — 39,869 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: 11,386 shares
Price per share: $0.00
Direct holdings after transaction: 613,999 shares
+3 more
6 metrics
Gifted shares
11,386 shares
Bona fide gift of Class B Common Stock on 2026-08-14
Price per share
$0.00
Recorded value per share for the gift transaction
Direct holdings after transaction
613,999 shares
Class B Common Stock held directly by Mark G. Parker after the gift
Indirect 401(k) holdings
39,869 shares
Shares held in an account under The NIKE, Inc. 401(k) Plan
Gift transaction date
2026-08-14
Date of the bona fide gift of Class B Common Stock
10b5-1 plan adoption date
December 24, 2025
Date Mark G. Parker adopted the Rule 10b5-1 trading plan
Key Terms
bona fide gift, Rule 10b5-1 trading plan, Class B Common Stock, 401(k) Plan
4 terms
bona fide gift financial
"The transaction code G is described as a 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.
Class B Common Stock financial
"Transaction involved Class B Common Stock of NIKE, Inc."
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.
401(k) Plan financial
"Shares held in account under The NIKE, Inc. 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did NKE executive chairman Mark G. Parker report on this Form 4?
Mark G. Parker reported a bona fide gift of 11,386 shares of NIKE Class B Common Stock on 2026-08-14. The transfer was recorded at $0.00 per share, indicating a non-sale disposition rather than an open-market transaction.
What type of security was involved in Mark G. Parker’s Form 4 for NKE?
The transaction involved Class B Common Stock of NIKE, Inc. The Form 4 reports a gift of 11,386 shares of this security, with updated post-transaction holdings shown for both direct and 401(k) plan-related positions.
How does NIKE’s trading window policy relate to this NKE Form 4 filing?
NIKE’s policy permits officers’ and directors’ market sales only during a defined earnings window or under approved 10b5-1 trading plans. The filing notes this policy and indicates the reported transaction occurred pursuant to such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.