Form 4: Nike CEO John Donahoe Reports Stock Transactions
SEC Form 4 Filing
Nike's CEO, John Donahoe, reported the disposal of Class B Common Stock to cover tax obligations and holdings in a retirement plan.
Summary
- On August 1, 2024, John Donahoe, the President & CEO of NIKE, Inc., reported transactions involving Class B Common Stock.
- A total of 10,605 shares were disposed of to satisfy tax withholding obligations at a price of $73.85 per share.
- Following the transaction, Donahoe directly owns 153,952 shares of Class B Common Stock.
- He also indirectly owns 51,591 shares through a GRAT and 195 shares through a Retirement Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock transactions by an executive. The transactions themselves don't necessarily indicate a positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies like Nike. These filings are monitored by investors for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock transaction |
| 08/05/2024 | Date of report filing |
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