Nike (NKE) EVP Robert Leinwand Sells 3,646 Shares

What Happened Robert Leinwand, EVP & Chief Legal Officer of NIKE, Inc., sold 3,646 shares on September 9, 2026 at $37.59 per share, generating proceeds of approximately $137,053. The filing reports this as an open-market sale (Disposition, code S).

Key Details

• Transaction date and price: 2026-09-09 — 3,646 shares at $37.59 each.
• Total value: ~$137,053.
• Transaction type: Open-market sale (S).
• Shares owned after transaction: Not specified in the provided excerpt of the filing; check the full Form 4 for post-transaction holdings.
• Footnotes of note:
  • F2: Transaction effected pursuant to a 10b5-1 trading plan adopted Feb 5, 2026.
  • F1: Company trading policy restricts officer transactions to certain windows (unless under an approved 10b5-1 plan).
  • F3/F4: Filing notes holdings may include shares from the Employee Stock Purchase Plan and 401(k) plan.
• Filing timeliness: Form filed 2026-09-10 for a 2026-09-09 trade; no late filing indicated in the excerpt.

Context This sale was executed under a pre-established 10b5-1 plan, which typically schedules transactions in advance and is intended to avoid trading on material nonpublic information. Sales under such plans are generally considered routine and do not by themselves indicate management’s view of the company; by contrast, insider purchases tend to be more informative about insider sentiment.