Hill Elliott 4/A
Research Summary
AI-generated summary
NIKE CEO Elliott Hill Buys 23,660 Shares
What Happened Elliott Hill, President & CEO and a director of NIKE, purchased 23,660.235 shares in an open-market transaction on April 13, 2026 at a weighted average price of $42.27 per share, for a total reported value of $1,000,118. This filing is an amendment to report the weighted average price; the trade is a purchase (insider buy).
Key Details
- Transaction date: 2026-04-13; Transaction type: Open market purchase (code P)
- Price: weighted average $42.27 per share; report notes trades occurred at prices between $42.265 and $42.300
- Total value: $1,000,118
- Shares acquired: 23,660.235
- Shares owned after transaction: Not specified in the provided filing
- Filing status: Amended Form 4/A — original filing amended to report weighted average price (see footnote F1). Footnote F2 states the shares were sold in multiple transactions across the price range and additional breakdown can be provided upon request.
- Timeliness: The Form 4/A was filed on 2026-04-22 reporting a 2026-04-13 trade (filed after the transaction date)
Context
- Purchases by executives are often watched by investors as a potential positive signal, but filings are factual records and do not explain motivation.
- This report is a straightforward open-market purchase (no options exercise, gift, or tax withholding involved).