Research Summary
AI-generated summary of this SEC filing
NIKE Director Monica Gil Receives Restricted Share Award
What Happened Monica Gil, a director of NIKE, Inc. (NKE), received a grant of 5,047 restricted shares on 2026-09-08. The filing reports an acquisition (transaction code A) of 5,047 shares at $0.00 (no cash paid at grant). This is a compensatory award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-09-08; filing date: 2026-09-10 (appears timely; Form 4 generally due within two business days).
- Transaction type/code: Award/Grant (A).
- Shares granted: 5,047 restricted shares; reported price: $0.00.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnote: Restrictions lapse for 100% of the shares on the earlier of the next annual shareholders' meeting or the last day of the 12th full calendar month after the grant (vests within ~12 months).
- No indication this was a sale or a 10% owner transaction.
Context Restricted share awards are a common form of director compensation and become freely transferable only after vesting conditions are met; they are not an immediate market purchase or sale. Because this is an award (not an open-market purchase), it should be seen primarily as compensation disclosure rather than a direct bullish or bearish trading signal.