Form 4: Nike Executive Ann M. Miller Reports Changes in Beneficial Ownership

Ann M. Miller, EVP at Nike, reports changes in her beneficial ownership of Nike stock due to tax withholding and employee stock purchase plan activity.

Summary

• Ann M. Miller, an Executive Vice President at Nike, Inc., filed a Form 4 with the SEC on February 12, 2025.
• The report details changes in her beneficial ownership of Nike's Class B Common Stock.
• On February 10, 2025, 345 shares were withheld by Nike to cover tax obligations related to the vesting of Restricted Stock Units (RSUs) at a price of $70.94.
• Following this transaction, Miller directly owns 37,310.4669 shares of Class B Common Stock.
• She also indirectly owns 2,930 shares through the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, and it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure of information.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies like Nike. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• It assures stakeholders that executives' interests are aligned with theirs through stock ownership.

Key Dates