NIKE, Inc. SEC Filings

NIKE, Inc. insider activity centers on a large internal equity move involving Class A shares. A derivative position tied to 5,000,000 shares of Class A Common Stock, which is convertible at any time on a one-for-one basis into 5,000,000 shares of Class B Common Stock, was reported with transaction code J. The notes state this was a private pro rata distribution to members of Swoosh, LLC, indicating a redistribution among that entity’s members rather than an open-market trade. Following the transaction, 221,750,000 derivative securities linked to Class B Common Stock were reported as beneficially owned on a direct basis.

NIKE, Inc. reported that its President & CEO, who is also a director, bought additional shares of the company’s Class B Common Stock. On 12/29/2025, the executive purchased 16,388 shares in an open-market transaction at a weighted average price of $61.1 per share. The shares were acquired in multiple trades priced between $61.09 and $61.10.

Following this transaction, the executive directly owns 241,587 shares of NIKE Class B Common Stock. The company notes that, under its policy, market transactions by officers and directors are generally allowed only in a defined trading window following quarterly earnings releases, unless made under approved Rule 10b5-1 trading plans.

NIKE, Inc. reported lower profitability for the quarter ended November 30, 2025, despite essentially flat sales. Quarterly revenues were $12,427 million, slightly above $12,354 million a year earlier, but net income fell to $792 million from $1,163 million, and diluted earnings per share declined to $0.53 from $0.78. Cost of sales rose faster than revenues, reducing gross profit to $5,045 million from $5,389 million, while demand creation and operating overhead expenses together stayed roughly flat.

For the first six months, revenues edged up to $24,147 million from $23,943 million, but net income decreased to $1,519 million from $2,214 million. Operating cash flow declined to $801 million from $1,443 million, reflecting higher working capital needs, including larger receivables and inventories. Cash and equivalents were $6,974 million versus $7,464 million at May 31, 2025, while total shareholders’ equity increased to $14,085 million, supported by earnings and other comprehensive income.

NIKE, Inc. director reported buying 50,000 shares of Class B common stock on 12/22/2025 in an open-market transaction. The shares were acquired at a weighted average price of $58.97 per share, with individual trade prices ranging from $58.96 to $58.97.

Following this purchase, the director now beneficially owns 105,480 shares of NIKE Class B common stock held directly. The filing notes that, under company policy, market transactions in NIKE stock by officers and directors are generally allowed only during a limited trading window after quarterly earnings releases or under approved Rule 10b5-1 trading plans.

NIKE, Inc. executive updates reported share ownership. The company’s Executive Vice President and Chief Operating Officer filed an amended beneficial ownership report to correct the number of NIKE Class B Common Stock shares reported. The amended filing now shows beneficial ownership of 49,418 shares of Class B Common Stock held directly. The change reflects the addition of 23 shares that were unintentionally omitted from the original filing and from one subsequent Form 4 submitted after that original report.

NIKE, Inc. director reported buying Class B common stock in an open-market transaction. On 12/22/2025, the director purchased 8,691 shares of Class B common stock at $57.54 per share. After this transaction, the director beneficially owned 43,293 Class B shares directly and an additional 1,580 shares indirectly through the Swan Family Revocable Trust.

The filing also notes that, under company policy, market transactions in NIKE stock by officers and directors are allowed only after the first full trading day following the release of quarterly earnings and continue through the fourteenth day of the third month of the following fiscal quarter, except for transactions under approved Rule 10b5-1 trading plans.

NIKE, Inc. filed a current report stating that it has issued a press release with its financial results for the fiscal quarter ended November 30, 2025. The press release, dated December 18, 2025, is included as Exhibit 99.1, making the quarter’s performance details available to investors through that exhibit.

NIKE, Inc.'s Executive Vice President and Chief Operating Officer reported new equity awards granted on 12/10/2025 under the NIKE, Inc. Stock Incentive Plan. The filings show acquisitions at no cash cost of 5,429 restricted stock units of Class B Common Stock and 31,216 performance-based restricted stock units of Class B Common Stock.

The time-based RSUs vest in four equal 25% installments on 09/01/2026, 09/01/2027, 09/01/2028, and 09/01/2029. The performance-based RSUs vest on the second anniversary of the grant date. The executive was also granted a non-qualified stock option for 17,615 shares of Class B Common Stock at an exercise price of $65.79 per share, vesting 25% on each of 09/01/2026, 09/01/2027, 09/01/2028, and 09/01/2029, with an expiration date of 12/10/2035.

NIKE, Inc. executive vice president and chief operating officer Mr. Alagirisamy reports his beneficial ownership as of 12/08/2025. He directly owns 49,395 shares of NIKE Class B Common Stock. He also holds multiple non-qualified stock options to buy NIKE Class B shares, with individual grants ranging from 10,000 to 50,232 shares, exercise prices between $57.87 and $167.51, and expiration dates from 07/15/2026 through 09/01/2035. Each option grant either became or will become exercisable with respect to 25% of the shares on each of the first four anniversaries of its grant date.