COOK TIMOTHY D 4
4 · NIKE, Inc. · Filed Apr 14, 2026
Research Summary
AI-generated summary of this filing
NIKE Director Timothy D. Cook Buys 25,000 Shares
What Happened
Timothy D. Cook, a director of NIKE, Inc. (NKE), reported an open-market purchase of 25,000 shares on 2026-04-10 at a weighted average price of $42.43, for a total reported value of $1,060,750. This filing records a purchase (a net buy), which investors often view as a more informative/significant insider action than routine sales.
Key Details
- Transaction date: 2026-04-10; Weighted average price: $42.43; Total value: $1,060,750.
- Footnote F2 in the filing notes the underlying trades ranged $42.42–$42.44 and that the reporting person can provide a per-price breakdown on request.
- Footnote F1 notes company trading-window policy and that trading outside windows is only allowed under approved 10b5-1 plans; the filing does not state whether a 10b5-1 plan was used.
- Shares owned after the transaction: not stated in the provided filing excerpt.
- Filing date: 2026-04-14 — filed four days after the trade; this appears later than the typical two-business-day Form 4 filing requirement.
Context
Purchases by directors can be interpreted by some investors as a positive signal since insiders increasing holdings may reflect confidence, but filings are factual disclosures and do not state motivation. The filing’s footnotes emphasize the company’s trading-window policy and provide price-range detail; note the filing does not explicitly say this trade was under a 10b5-1 plan.
Insider Transaction Report
- Purchase
Class B Common Stock
[F1][F2]2026-04-10$42.43/sh+25,000$1,060,750→ 130,480 total
Footnotes (2)
- [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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.42 to $42.44, inclusive. The reporting person undertakes to provide NIKE, Inc., any security holder of NIKE, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote (2) to this Form 4.