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Nike CEO Sells Over 9,000 Company Shares Amid a Declining Stock Price

Nike CEO Sells Over 9,000 Company Shares Amid a Declining Stock Price

Elliott Hill, President and Chief Executive Officer of NIKE, Inc. (NKE -0.95%), reported the disposition of 9,462 shares of Class B Common Stock on September 1, 2026, according to a recent SEC Form 4 filing.

Transaction summary

Metric Value
Transaction value ~$369,600
Shares sold 9,462 shares
Post-transaction shares (directly held) 373,729 shares
Post-transaction value $14.25 million

Transaction value based on SEC Form 4 weighted average sale price ($39.06); post-transaction value based on September 01, 2026 market close ($38.12).

Key questions

  • What prompted this disposition of Class B Common Stock?
    The shares were withheld by the company to meet tax requirements following the vesting of a restricted stock unit (RSU) award and did not occur as an…

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