Form 4: NIKE Director Monica Gil Receives Restricted Stock Grant

NIKE Director Monica Gil was granted 2,619 restricted shares of Class B Common Stock as part of the company's Stock Incentive Plan.

Summary

• Monica Gil, a Director at NIKE, Inc. (NKE), acquired 2,619 shares of Class B Common Stock on September 9, 2025.
• The shares were granted as restricted stock under the NIKE, Inc. Stock Incentive Plan, with an acquisition price of $0 per share.
• Following this transaction, Monica Gil beneficially owns a total of 8,893 shares of Class B Common Stock.
• The restrictions on these shares will lapse 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 grant date.

Sentiment

Score: 6

Explanation: Slightly positive, as it represents a routine compensation event that aligns director interests with shareholders, without indicating any negative operational or financial news.

Positives

• The grant of restricted stock aligns the financial interests of Director Monica Gil with those of NIKE's shareholders, encouraging long-term value creation.
• Equity compensation is a standard practice for attracting and retaining qualified board members in publicly traded companies.

Future Outlook

The acquired restricted shares are subject to a vesting schedule, with restrictions lapsing on the earlier of the next annual meeting of shareholders or 12 months from the grant date (September 9, 2025).

Industry Context

Equity grants, such as restricted stock, are a common component of compensation packages for directors and executives in large, publicly traded companies across various industries. This practice is designed to incentivize long-term performance and align leadership interests with shareholder value.

Comparison to Industry Standards

• The use of restricted stock grants for director compensation is a widely adopted practice among S&P 500 companies, including peers like Adidas and Lululemon, as it ties compensation directly to the company's stock performance over time.
• The vesting period, typically 12 months or until the next annual meeting, is consistent with standard corporate governance practices for non-employee director equity awards, ensuring continued commitment.

Stakeholder Impact

• Shareholders: The grant aligns the director's interests with long-term shareholder value, potentially leading to more focused governance and strategic decisions.
• Employees: No direct impact on employees is indicated by this specific filing.

Next Steps

• The restricted shares will vest on the earlier of the next annual meeting of shareholders or September 9, 2026.

Key Dates

Keywords

NIKE, NKE, Monica Gil, Director, Restricted Stock, Stock Grant, Insider Transaction, SEC Form 4, Equity Compensation