Form 4: Nike Executive Heinle Reports Stock Transactions
SEC Form 4 Filing
EVP and CHRO of Nike, Treasure Heinle, reports disposition of Class B Common Stock to cover tax obligations.
Summary
- Treasure Heinle, EVP and CHRO of Nike, filed a Form 4 detailing changes in beneficial ownership of Nike stock.
- On February 10, 2025, Heinle disposed of 1,155 shares of Class B Common Stock at a price of $70.94 per share to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Heinle directly owns 16,393 shares of Class B Common Stock and indirectly owns 508 shares through a retirement plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to executive compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine transaction related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock transaction (disposal of shares). |
| 02/12/2025 | Date of signature on the Form 4 filing. |
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