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

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

Summary

• On August 1, 2024, Ann M. Miller, EVP and Chief Legal Officer of Nike, reported changes in her beneficial ownership of Nike Class B Common Stock.
• 2,094 shares were withheld by the company to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs) at a price of $73.85 per share.
• Miller's direct ownership following the transaction is 27,284.754 shares.
• She also indirectly owns 2,870 shares through the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.
• The report indicates shares were acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey strong positive or negative sentiment.

Positives

• The reporting person participates in the Employee Stock Purchase Plan, indicating confidence in the company's future.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates standard compensation and investment activities.

Stakeholder Impact

• The transactions reported have a minimal direct impact on stakeholders.

Key Dates