NIKE legal chief sells 821 shares under plan
NIKE, Inc. executive Robert Leinwand, EVP and Chief Legal Officer, sold 821 shares of Class B Common Stock at $41.60 per share on August 5, 2026 in an open-market transaction under a Rule 10b5-1 trading plan adopted February 5, 2026.
Rhea-AI Filing Summary
NIKE, Inc. executive Robert Leinwand, EVP and Chief Legal Officer, sold 821 shares of Class B Common Stock at $41.60 per share on August 5, 2026 in an open-market transaction under a Rule 10b5-1 trading plan adopted February 5, 2026. After this sale he holds 60,765.159 shares directly, including Employee Stock Purchase Plan shares, and 1,507 shares indirectly through The NIKE, Inc. 401(k) Plan.
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Insider Trade Summary 10b5-1
Net Seller: 821 shares
Net Sell
2 txns
Insider
Leinwand Robert
Role
EVP: Chief Legal Officer
Sold
821 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock F1, F2, F3 | 821 | $41.60 | $34K |
| holding | Class B Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 60,765.159 shares (Direct);
Class B Common Stock — 1,507 shares (Indirect, by Retirement Plan)
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
Shares sold: 821 shares
Sale price per share: $41.6000
Direct holdings after sale: 60,765.159 shares
+2 more
5 metrics
Shares sold
821 shares
Class B Common Stock sold on 2026-08-05
Sale price per share
$41.6000
Price per share for the 821-share sale
Direct holdings after sale
60,765.159 shares
Direct NIKE Class B holdings after 2026-08-05 transaction, including ESPP shares
Indirect retirement-plan holdings
1,507 shares
Shares held in The NIKE, Inc. 401(k) Plan as of 2026-08-05
10b5-1 plan adoption date
February 5, 2026
Date Robert Leinwand adopted the Rule 10b5-1 trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, Employee Stock Purchase Plan, 401(k) Plan, Class B Common Stock
4 terms
Rule 10b5-1 trading plan financial
"The transaction was effected pursuant to a 10b5-1 trading plan adopted"
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.
Employee Stock Purchase Plan financial
"Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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.
Class B Common Stock financial
"security_title: Class B Common Stock"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NIKE (NKE) executive Robert Leinwand report?
Robert Leinwand, NIKE’s EVP and Chief Legal Officer, reported selling 821 shares of Class B Common Stock at $41.60 per share on August 5, 2026. The sale occurred as a standard market transaction in NIKE stock.
Was Robert Leinwand’s NIKE (NKE) stock sale made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Robert Leinwand on February 5, 2026. Such pre-arranged plans allow executives to systematically trade shares under predetermined instructions.
What does NIKE’s trading policy disclosure mean for this insider sale in NKE?
A footnote explains that NIKE permits officer market trades only in designated post-earnings windows, except pursuant to approved 10b5-1 trading plans. Leinwand’s August 5, 2026 sale is specifically noted as being under such a pre-approved 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
