Form 4: Nike Director Cathleen A. Benko Reports Acquisition of Class B Common Stock

Director Cathleen A. Benko reports acquisition of 2,437 shares of Nike Class B Common Stock on September 10, 2024, under the NIKE, Inc. Stock Incentive Plan.

Summary

• On September 10, 2024, Cathleen A. Benko, a director of NIKE, Inc., acquired 2,437 shares of Class B Common Stock.
• The acquisition was made under the NIKE, Inc. Stock Incentive Plan.
• The price per share was $0.
• Following the transaction, Ms. Benko directly owns 15,360 shares of Class B Common Stock.
• The restricted shares granted on 09/10/2024 lapse with respect to 100% of the shares on the earlier of the date of the next annual meeting of shareholders, or the last day of the 12th full calendar month following the date of grant.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock acquisition by a director under an existing incentive plan. The acquisition itself is a slightly positive signal.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Industry Context

Insider transactions are routinely monitored by investors as signals of management's perspective on the company's valuation and prospects. Purchases can be seen as a positive sign.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates