Nike (NYSE: NKE) CEO Elliott Hill adds to stake with open-market buy
Rhea-AI Filing Summary
NIKE, Inc. President and CEO Elliott Hill acquired 23,660.235 shares of Class B Common Stock in an open-market purchase at $42.265 per share. After this April 13, 2026 transaction, his direct holdings rose to 265,247.235 shares. A company policy footnote explains that officers and directors may trade only during specified post-earnings trading windows or under approved Rule 10b5-1 trading plans.
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Insights
Nike’s CEO made a direct open-market share purchase during an allowed trading window.
Elliott Hill, President and CEO of NIKE, Inc., completed an open-market purchase of 23,660.235 Class B shares at $42.265 per share on April 13, 2026. Following this transaction, his direct ownership increased to 265,247.235 shares.
The transaction is coded as an open-market purchase (P), which is typically a discretionary decision rather than compensation-related. There are no remaining derivative holdings listed in this filing, and the transactionSummary shows a net-buy profile with buyShares of 23,660.235 and no sales.
A footnote describes a company policy that permits market transactions by officers and directors only during a defined window after quarterly earnings releases, or under approved Rule 10b5-1 trading plans. This provides context that such trades occur within structured compliance periods, though the excerpt does not label this specific trade as plan-based.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Common Stock | 23,660.235 | $42.265 | $1000K |
Footnotes (1)
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