[Form 4] REXFORD INDUSTRIAL REALTY, INC. Insider Trading Activity

Rhea-AI Filing Summary

NIKE, Inc. (NKE) – Form 4 filing dated 07/11/2025

Executive Vice President & Chief Commercial Officer Craig A. Williams reported an internal share‐settlement related to restricted stock units (RSUs) that vested on 07/10/2025. To satisfy statutory tax-withholding requirements, the company automatically withheld 4,689 Class B common shares at an implied price of $73.56 per share (transaction code “F”). No open-market sale or purchase occurred.

After the withholding event, Williams continues to own 92,551.8281 Class B shares directly. The filing notes that the total includes shares previously acquired through NIKE’s Employee Stock Purchase Plan.

This is a routine administrative transaction that neither signals intentional buying nor selling by the executive. It does, however, reaffirm a sizable insider stake worth roughly $6.8 million at the referenced price, suggesting continued alignment with shareholder interests.

Positive

• Executive retains a sizable holding of 92,551.8281 shares, indicating continued equity alignment with shareholders.

Negative

• 4,689 shares were removed from the executive’s direct ownership to settle taxes, marginally reducing insider stake.

Insights

Securities Analyst

TL;DR: Routine tax-withholding; insider retains ~92.6k shares – neutral signal.

The Form 4 shows a standard RSU vesting event: the company withheld 4,689 shares from Craig Williams to cover taxes. Transaction code “F” confirms no discretionary sale. Consequently, the executive’s direct ownership remains substantial at ~92.6 k shares, maintaining meaningful exposure to NIKE’s equity. Because the transaction neither adds nor removes shares through the open market, it provides no directional insight into management’s view of valuation and is unlikely to influence trading sentiment. Overall impact on investors is neutral.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schwimmer Howard

(Last) (First) (Middle)

11620 WILSHIRE BOULEVARD, SUITE 1000

(Street)

LOS ANGELES CA 90025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rexford Industrial Realty, Inc. [ REXR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-CEO, Co-President

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Operating Partnership Units(1)	(2)	07/09/2025		G			290	(3)	(3)	Common Stock, par value $0.01	290	$0	45,387	I	See Footnote(4)
Operating Partnership Units(1)	(2)							(3)	(3)	Common Stock, par value $0.01	76,383		76,383(5)	D

Explanation of Responses:

1. Represents common units of limited partnership interest ("OP Units") in Rexford Industrial Realty, L.P. (the "Operating Partnership"). The Issuer is the general partner of the Operating Partnership. OP Units are redeemable for cash equal to the then-current market value of one share of common stock, or at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis.

2. The OP Units are exchangeable for common stock of the Issuer on a one-for-one basis.

3. n/a

4. Represents 3,385 OP Units held by the Schwimmer Living Trust, for which the Reporting Person is a trustee, and 42,002 OP Units held by the Family Trust, for which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of such OP Units, except to the extent of his pecuniary interest therein.

5. The Reporting Person also owns the following securities: (i) 751,019 LTIP Units, a class of limited partnership units in the Operating Partnership, (ii) 577,616 Performance Units, a class of limited partnership units in the Operating Partnership, and (iii) 63,788 shares of common stock, of which 13,575 shares are indirectly owned shares held by the Schwimmer Family Irrevocable Trust (the "Family Trust") of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of the common stock held by the Family Trust, except to the extent of his pecuniary interest therein.

Remarks:

	/s/ Howard Schwimmer	07/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

How many NIKE (NKE) shares were involved in the Form 4?

A total of 4,689 Class B shares were withheld for tax purposes.

Was this an open-market sale by NIKE’s EVP Craig Williams?

No. The shares were withheld by the company to cover taxes on vested RSUs (transaction code “F”).

What is Craig Williams’s current NIKE share ownership after the transaction?

He directly owns 92,551.8281 Class B shares following the withholding.

Why were shares withheld instead of paid in cash?

NIKE uses share withholding to satisfy statutory tax obligations on RSU vesting events, avoiding a cash outlay by the executive.

Does this Form 4 signal confidence or concern about NIKE’s stock?

It is generally viewed as neutral; the transaction was automatic and not a discretionary trade.