Form 4: NIKE Executive Chairman Sells Shares Under 10b5-1 Plan

NIKE Executive Chairman Mark G. Parker reported the sale of 86,078 Class B Common Stock shares and a gift of 11,295 shares, both executed under a pre-arranged 10b5-1 trading plan.

Summary

• Mark G. Parker, Executive Chairman and Director of NIKE, Inc., reported transactions involving Class B Common Stock.
• On November 14, 2025, Parker disposed of 86,078 shares of Class B Common Stock through a sale at a price of $64.8 per share.
• On the same date, Parker also disposed of 11,295 shares of Class B Common Stock via a gift, with a price of $0 per share.
• These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Parker on November 7, 2024.
• Following these transactions, Mr. Parker directly beneficially owns 647,615 shares of Class B Common Stock.
• Additionally, 38,731 shares are indirectly held in The NIKE, Inc. 401(k) Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reports a routine insider transaction (sale and gift of shares) executed under a pre-arranged 10b5-1 trading plan, which is a common practice for executives and does not typically convey new positive or negative information about the company's performance or prospects.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• The sale of shares by a high-ranking executive could be perceived by some shareholders as a lack of confidence, though the 10b5-1 plan mitigates this by indicating a pre-planned transaction not based on new material non-public information.

Key Dates

Keywords

NIKE, NKE, Insider Trading, Form 4, Mark G. Parker, Stock Sale, 10b5-1 Plan, Executive Chairman, Class B Common Stock