NKE.NYSENike, INC

Form 4: Nike Legal Chief Sells Shares Under 10b5-1 Plan

Sentiment:

Insider Transaction Report

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Nike's EVP and Chief Legal Officer, Robert Leinwand, sold 697 shares of Class B Common Stock for $75.1322 per share.

Summary

  • Robert Leinwand, Executive Vice President and Chief Legal Officer of NIKE, Inc., reported the sale of 697 shares of Class B Common Stock.
  • The transaction occurred on October 2, 2025, at a price of $75.1322 per share.
  • The sale was executed pursuant to a Rule 10b5-1(c) trading plan, indicating a pre-arranged transaction.
  • Following this transaction, Mr. Leinwand directly beneficially owns 44,158.2318 shares, which includes shares acquired through NIKE, Inc.'s Employee Stock Purchase Plan.
  • Additionally, Mr. Leinwand indirectly beneficially owns 1,464 shares held in an account under the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 plan, which is a neutral event for company sentiment as it does not imply new information about the company's performance or outlook.

Positives

  • The transaction was executed under a Rule 10b5-1(c) trading plan, which demonstrates a pre-planned sale not based on immediate, undisclosed material information.

Negatives

  • EVP and Chief Legal Officer Robert Leinwand sold 697 shares of Class B Common Stock.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: Provides transparency regarding executive stock ownership changes and trading activities.

Key Dates

DateDescription
10/02/2025Date of transaction (sale of Class B Common Stock by Robert Leinwand).
10/03/2025Date the Form 4 was signed by Kelsey A. Baldwin, attorney-in-fact for Mr. Leinwand.

Recommendation

hold

The filing details a routine insider stock sale by a senior executive under a pre-arranged 10b5-1 plan. This type of transaction is generally considered neutral and does not provide sufficient new information to alter an investment thesis for NIKE, Inc. Therefore, a 'hold' recommendation is appropriate as the filing does not present a compelling reason to buy or sell based solely on this disclosure.

Keywords

NIKE, NKE, insider trading, stock sale, Form 4, Robert Leinwand, executive compensation, 10b5-1 plan

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