NIKE Director Timothy D. Cook Receives Restricted Stock Award

What Happened Timothy D. Cook, a director of NIKE, Inc. (NKE), received a grant of 5,047 restricted common shares on 2026-09-08. The award is reported at $0.00 per share (total recorded value $0) and is classified as an award/grant rather than an open-market purchase or sale. This is a compensatory equity grant under NIKE's Stock Incentive Plan and is a routine director equity award rather than a cash transaction.

Key Details

• Transaction date: 2026-09-08; reported on Form 4 filed 2026-09-10 (appears timely under Form 4 rules).
• Amount: 5,047 restricted shares; price reported: $0.00; recorded total: $0.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Shares granted under the NIKE, Inc. Stock Incentive Plan. Restrictions lapse for 100% of the shares on the earlier of the next annual shareholder meeting or the last day of the 12th full calendar month after grant.
• No 10b5-1 plan, tax-withholding sale, or option exercise was indicated in the provided information.

Context Restricted stock grants to directors are common as part of compensation and vesting schedules (here up to ~12 months) determine when the director gains full ownership. Such awards are compensatory and do not by themselves signal a buy or sell judgement about the company’s near-term stock performance.