Mark G. Parker - Aug 14, 2024 Form 4 Insider Report for NIKE, Inc. (NKE)

Signature
/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Parker
Stock symbol
NKE
Transactions as of
Aug 14, 2024
Transactions value $
-$4,093,986
Form type
4
Date filed
8/15/2024, 05:13 PM
Previous filing
Jul 22, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NKE Class B Common Stock Gift $0 -18.4K -1.67% $0.00 1.08M Aug 14, 2024 Direct F1, F2
transaction NKE Class B Common Stock Sale -$4.09M -52.5K -4.84% $78.00 1.03M Aug 14, 2024 Direct F1, F2
holding NKE Class B Common Stock 38K Aug 14, 2024 by Retirement Plan 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 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 November 7, 2023.
F3 Shares held in account under the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.