Form 4: Nike VP Johanna Nielsen Reports Stock Sale Under 10b5-1 Plan

Johanna Nielsen, VP and Corporate Controller at Nike, sold 138 shares of Class B Common Stock at $57.81 per share on April 24, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On April 24, 2025, Johanna Nielsen, VP and Corporate Controller of Nike, sold 138 shares of Class B Common Stock at a price of $57.81 per share.
• The transaction was executed under a 10b5-1 trading plan adopted on January 23, 2025.
• Following the transaction, Nielsen directly owns 843.6133 shares of Class B Common Stock.
• Nielsen also indirectly owns 288 shares through the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.
• Company policy permits market transactions by officers and directors only after the first full trading day after the public release of quarterly earnings and ending on the fourteenth day of the third month of the following fiscal quarter, except pursuant to approved 10b5-1 trading plans.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider stock sale under a pre-arranged plan, so it doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale by a company executive could have a minor impact on shareholder perception, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Form 4, Nike, NKE, Johanna Nielsen, Stock Sale, 10b5-1 Trading Plan, Insider Trading, Class B Common Stock