Matthew Friend - Jun 5, 2024 Form 4 Insider Report for NIKE, Inc. (NKE)

Role
EVP: CFO
Signature
/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Friend
Stock symbol
NKE
Transactions as of
Jun 5, 2024
Transactions value $
-$889,185
Form type
4
Date filed
6/7/2024, 04:40 PM
Previous filing
Jun 5, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKE Class B Common Stock Sale -$889K -9.35K -25.5% $95.10 27.3K Jun 5, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Pursuant to Company policy, market transactions in Company stock by officers and directors are permitted 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.
F2 The transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on February 14, 2024.
F3 Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.