NIKE (NKE) Director Robert Holmes Swan Receives 5,047-Share Award

What Happened

• Robert Holmes Swan, a director of NIKE, Inc., was granted 5,047 restricted shares on 2026-09-08 under the NIKE, Inc. Stock Incentive Plan. The grant price reported is $0.00 (no cash paid). This was an award (not a market purchase or sale).

Key Details

• Transaction date: 2026-09-08; Report filed: 2026-09-10 (Form 4 accession 0000320187-26-000161).
• Transaction type/code: A (award/grant). Price: $0.00; Shares: 5,047.
• Shares are restricted; restrictions lapse on the earlier of the next annual shareholders’ meeting or the last day of the 12th full calendar month after the grant (footnote F1).
• Shares are held by the Swan Family Revocable Trust (footnote F3).
• The filing corrects a prior reporting error that had overstated Swan’s directly beneficially owned shares by 1,096 shares; this correction reflects no purchase or sale (footnote F2). The Form 4 does not state a total post-transaction beneficial ownership number.
• No indication the filing was late; timeliness appears normal.

Context

• Restricted share awards to directors are a common form of compensation and do not involve an immediate cash outlay or market trade. Because the shares are subject to time-based lapsing of restrictions, they are not freely tradable until the vesting condition is met. Such grants align directors’ interests with shareholders but are not the same signal as an open-market purchase.