PARKER MARK G 4
Research Summary
AI-generated summary
NIKE (NKE) Executive Chairman Mark G. Parker Gifts 22,230 Shares
What Happened
Mark G. Parker, Executive Chairman and Director of NIKE, reported a gift (code G) of 22,230 NIKE shares on May 14, 2026. The Form 4 shows the shares were disposed at $0.00 (gift), so there were no sale proceeds reported. The filing indicates the transaction was effected pursuant to a pre-established 10b5‑1 trading plan.
Key Details
- Transaction date: 2026-05-14; Report filed: 2026-05-15 (timely filing).
- Transaction type/code: Gift (G); Shares transferred: 22,230; Reported price: $0.00; Reported proceeds: $0.
- 10b5‑1 plan: The transaction was effected under a 10b5‑1 plan adopted by Mr. Parker on December 24, 2025 (Footnote F2).
- Source of shares: Filing notes shares held in an account under The NIKE, Inc. 401(k) Plan (Footnote F3).
- Shares owned after transaction: Not specified in the filing.
- Company policy note (F1): NIKE restricts market sales to certain trading windows unless a 10b5‑1 plan applies.
Context
A gift is a non‑market disposition and does not generate proceeds for the insider; it should not be interpreted as a buy or sell signal. The use of a 10b5‑1 plan indicates the transfer was pre‑arranged, which commonly reduces the immediacy of any link between the insider’s action and current views on the stock.