Form 4: Nike Director Maria Henry Granted 2,619 Shares

Nike Director Maria Henry received a grant of 2,619 shares of Class B Common Stock under the company's Stock Incentive Plan.

Summary

• Maria Henry, a Director of NIKE, Inc., acquired 2,619 shares of Class B Common Stock.
• The transaction occurred on September 9, 2025, with a price of $0 per share, indicating a grant.
• These are restricted shares granted under the NIKE, Inc. Stock Incentive Plan.
• Restrictions on these shares will lapse on the earlier of the next annual meeting of shareholders or the last day of the 12th full calendar month following the grant date.
• Following this transaction, Maria Henry beneficially owns 8,767 shares of Class B Common Stock.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates continued director alignment with shareholder interests through equity compensation, a standard and generally well-regarded practice.

Positives

• The grant of restricted shares to a director, Maria Henry, aligns her interests with those of long-term shareholders.
• The transaction is part of the company's established Stock Incentive Plan, indicating a structured approach to executive and director compensation.

Negatives

• No direct negatives are apparent from this routine insider transaction report.

Risks

• The value of the granted shares is subject to market fluctuations of NIKE, Inc.'s stock price.
• The shares are restricted and subject to a vesting schedule, meaning the director does not have full ownership until conditions are met.

Future Outlook

The restricted shares granted to Maria Henry will vest on the earlier of the next annual meeting of shareholders or the last day of the 12th full calendar month following the grant date of September 9, 2025.

Industry Context

Granting restricted stock to directors is a common practice across publicly traded companies, particularly in the consumer goods and apparel industry, to incentivize long-term commitment and align leadership interests with shareholder value creation. This practice is a standard component of non-employee director compensation packages.

Comparison to Industry Standards

• This type of restricted stock grant to a director is consistent with compensation practices observed at comparable companies in the consumer discretionary sector, such as Adidas AG, Lululemon Athletica Inc., and Under Armour, Inc.
• These companies frequently use equity-based compensation to attract and retain qualified board members, linking their financial incentives directly to company performance and shareholder returns.
• The vesting schedule, tied to either the next annual meeting or a 12-month period, is also a standard approach for director equity awards.

Corporate Governance

Related Party Transactions

• The grant of restricted shares to Maria Henry, a Director of NIKE, Inc., constitutes a related party transaction as it involves a transaction between the company and a member of its board of directors.

Stakeholder Impact

• Shareholders: The grant aligns the director's financial interests with shareholder value, potentially encouraging decisions that benefit long-term stock performance.

Next Steps

• The restricted shares will vest according to the specified schedule (earlier of next annual meeting or 12 months from grant date).

Key Dates

Keywords

Nike, NKE, Maria Henry, Director, Stock Grant, Restricted Stock, Insider Transaction, Form 4, Compensation, Equity Incentive Plan