Philip H. Knight - 29 Dec 2025 Form 4 Insider Report for NIKE, Inc. (NKE)

Role: Chairman Emeritus
Signature: /s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Knight
Issuer symbol: NKE
Transactions as of: 29 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 30 Dec 2025, 16:31:36 UTC
Previous filing: 11 Jul 2024
Next filing: 04 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
KNIGHT PHILIP H	Chairman Emeritus	ONE BOWERMAN DRIVE, BEAVERTON	/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Knight	30 Dec 2025	0000903855

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NKE	Class B Common Stock						8,335,687	29 Dec 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NKE	Class A Common Convertible	Other	$0	+4,500,000	+16%	$0.000000	31,979,487	29 Dec 2025	Class B Common Stock	4,500,000		Direct	F1, F2
holding	NKE	Class A Common Convertible						521,792	29 Dec 2025	Class B Common Stock	521,792		By Spouse	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Class A Common Stock is convertible at any time on a one-for-one basis into Class B Common Stock with no expiration date.
F2	On December 29, 2025, the reporting person acquired the shares as a result of a private pro rata distribution from Swoosh, LLC, a Delaware limited liability company.
F3	Shares held directly by spouse, Penelope P. Knight. The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.