Form 4: Nike Executive Reports Stock Transaction
Statement of Changes in Beneficial Ownership
Nike President & CEO Elliott Hill reported a transaction involving Class B Common Stock on April 13, 2026.
Summary
- Elliott Hill, President & CEO of NIKE, Inc., reported a transaction on April 13, 2026.
- The transaction involved the acquisition of 23,660.235 shares of Class B Common Stock at a price of $42.265 per share.
- Following this transaction, Mr. Hill beneficially owns 265,247.235 shares of Class B Common Stock.
- This filing is made pursuant to Section 16(a) of the Securities Exchange Act of 1934.
- A Power of Attorney was filed on September 24, 2024, authorizing Mary I. Hunter, Kelsey A. Baldwin, and Carlos J. Wilson to execute Section 16 Reports on behalf of Mr. Hill.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider stock transaction without providing new financial or strategic information.
Positives
- The transaction indicates continued investment or management of shares by a key executive.
- The acquisition of shares at a specific price point provides a data point for valuation.
Risks
- The filing does not detail the specific reason for the stock acquisition, which could be for personal investment, compensation, or other reasons not explicitly stated.
- The filing is a routine disclosure and does not provide forward-looking financial information or strategic updates that could indicate future performance.
Future Outlook
This filing is a report of a past transaction and does not contain forward-looking statements or guidance regarding future company performance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in the apparel and footwear industry, providing transparency on executive stock holdings and activities.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | A Power of Attorney was executed to appoint attorneys and agents to prepare and execute Section 16 Reports. | 09/24/2024 | Ensures compliance with SEC filing requirements by delegating the preparation and execution of reports. |
Stakeholder Impact
- Shareholders: Gain insight into executive stock ownership and potential confidence signals, though this specific transaction is routine.
- Employees: May observe executive commitment to the company's stock.
- Creditors: No direct impact from this type of filing.
Next Steps
- Continued compliance with Section 16(a) reporting requirements for future transactions.
- Monitoring of future Form 4 filings for further insights into executive stock activity.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of Power of Attorney filing. |
| 04/13/2026 | Transaction Date for Class B Common Stock acquisition. |
| 04/14/2026 | Date of filing for the Form 4. |
Keywords
SEC Form 4, Insider Trading, Stock Transaction, NIKE, NKE, Class B Common Stock, Executive, Officer, Director, Beneficial Ownership, Section 16
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