Amy Montagne - Sep 1, 2025 Form 4 Insider Report for NIKE, Inc. (NKE)

Role: PRESIDENT, NIKE
Signature: /s/ Kelsey A. Baldwin, attorney-in-fact for Ms. Montagne
Stock symbol: NKE
Transactions as of: Sep 1, 2025
Transactions value $: -$68,086
Form type: 4
Date filed: 9/3/2025, 08:02 PM
Previous filing: Aug 4, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Montagne Amy	PRESIDENT, NIKE	ONE BOWERMAN DRIVE, BEAVERTON	/s/ Kelsey A. Baldwin, attorney-in-fact for Ms. Montagne	2025-09-03	0002074831

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NKE	Class B Common Stock	Award	$0	+13.7K	+74.35%	$0.00	32.2K	Sep 1, 2025	Direct	F1
transaction	NKE	Class B Common Stock	Tax liability	-$68.1K	-880	-2.73%	$77.37	31.3K	Sep 2, 2025	Direct	F2, F3
holding	NKE	Class B Common Stock						1.07K	Sep 1, 2025	by Retirement Plan	F4

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	Non-Qualified Stock Option (Right to Buy)	Award	$0	+44.6K		$0.00	44.6K	Sep 1, 2025	Class B Common Stock	44.6K	$77.37	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Restricted Stock Units ("RSUs") granted under the NIKE, Inc. Stock Incentive Plan; 25% of the total number of RSUs granted vest on each of the first four anniversaries of the date of the grant.
F2	Shares withheld by the Company to satisfy tax withholding obligations upon vesting of RSUs; not an open market transaction.
F3	Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.
F4	Shares held in account under the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.
F5	Stock Option granted under the NIKE, Inc. Stock Incentive Plan; it becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.