Form 4: Nike Director Robert Swan Acquires Shares in Market Transaction
SEC Form 4 Filing
Director Robert Swan purchased 8,600 shares of Nike Class B Common Stock at $58.46 per share.
Summary
- On April 4, 2025, Robert Holmes Swan, a director of NIKE, Inc., acquired 8,600 shares of Class B Common Stock at a price of $58.46 per share.
- Following the transaction, Swan directly owns 31,983 shares of Class B Common Stock.
- Swan also indirectly owns 1,580 shares through the Swan Family Revocable Trust.
- The purchase was a market transaction permitted under company policy after the release of quarterly earnings.
- Kelsey A. Baldwin, acting as attorney-in-fact, signed the report on April 7, 2025.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of a stock purchase by a director. The purchase itself could be seen as slightly positive, but the document is primarily informational.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by regulators and investors as they can provide insights into a company's performance and future prospects. This transaction is a routine disclosure of a director's stock purchase.
Comparison to Industry Standards
- Comparing Robert Swan's transaction to other directors' dealings in similar large-cap companies like Adidas or Under Armour, the size of the purchase is relatively standard for a director.
- Typically, such transactions are governed by company policies and insider trading regulations to ensure fairness and transparency.
- Similar filings can be seen from directors at companies like Apple or Microsoft, where stock ownership is a significant part of executive compensation and wealth.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it indicates confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 09/11/2022 | Date of Power of Attorney, authorizing Mary I. Hunter, Kelsey A. Baldwin, and Ron J. Edwards to act on Robert Swan's behalf for Section 16 reports. |
| 04/04/2025 | Date of transaction: Robert Swan acquired 8,600 shares of Nike Class B Common Stock. |
| 04/07/2025 | Date of Form 4 filing. |
Keywords
Nike, Robert Swan, Director, Class B Common Stock, Share Acquisition, Form 4, SEC, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.