Research Summary
AI-generated summary of this SEC filing
NIKE Executive Chairman Mark Parker Gifts 22,230 Shares
What Happened
- Mark G. Parker, Executive Chairman and Director of NIKE, gifted 22,230 shares on May 14, 2026. The transaction is reported as a gift (code G) with $0 cash proceeds (price reported as $0.00). This is a disposition by gift rather than a market sale or purchase and therefore does not directly signal buying interest.
Key Details
- Transaction date: May 14, 2026 (reported on original Form 4 filed May 15, 2026).
- Amended filing: Form 4/A filed Sept 3, 2026 to attach a Power of Attorney (Exhibit 24); amendment states no changes to the original financial or transactional information.
- Shares disposed: 22,230 shares; transaction price shown as $0.00 (gift).
- Shares owned after transaction: Not specified in this amended filing.
- Footnotes: F1 — amendment solely to attach POA; F2 — shares are held in an account under The NIKE, Inc. 401(k) Plan.
- Timeliness: Original Form 4 was filed promptly (May 15, 2026). The Sept 3 filing is an administrative amendment to attach the POA, not a change to the transaction.
Context
- Gifts are non-market transfers and don't necessarily indicate insider sentiment about the company's stock price. This filing merely records a transfer of shares; the amendment only adds the Power of Attorney exhibit and does not alter the reported transaction.