Robert Izquierdo, The Motley Fool
4 min read
Elliott Hill, President and Chief Executive Officer of NIKE, Inc. (NYSE:NKE), 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
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
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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 open-market sale. -
How does this impact the CEO’s overall equity exposure?
The CEO remains a substantial stakeholder with a direct position valued at $14.25 million as of the September 1, 2026 market close, representing a total insider ownership of 0.0253%. -
What additional equity interests does the insider hold?
Beyond direct common stock, the CEO holds 395,570 derivative securities, including unvested awards that vest in annual increments over a four-year term.
Company Overview
Company Snapshot
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NIKE designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories globally across all ages and genders, generating revenue through direct sales and distribution of branded products including the Jumpman trademark and Converse subsidiary brands.
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The company operates through a vertically integrated business model combining product design and development with direct-to-consumer retail channels, wholesale partnerships, and digital commerce platforms to maximize market penetration and brand control.
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NIKE primarily serves athletes, fitness enthusiasts, and casual consumers across developed and emerging markets, with particular strength in North America, Europe, and Asia-Pacific regions through both premium athletic and lifestyle segments.
NIKE, Inc. represents a global leader in athletic footwear and apparel with a market cap of $56.5 billion, demonstrating substantial scale and market presence. The company leverages iconic brand equity, extensive distribution networks, and continuous product innovation to maintain competitive differentiation in the consumer cyclical sector.
NIKE executes a sophisticated omnichannel strategy combining direct-to-consumer initiatives with wholesale partnerships to capture market share across diverse demographic segments and geographies.
