NIKE EVP & Chief Legal Officer Receives Annual Equity Award & Stock Options
NIKE, Inc.
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Filing Summary
š Form 4 Filed for NIKE, Inc. ($NKE) Insider: Robert Leinwand (EVP: Chief Legal Officer) Transaction Date: September 1, 2026
Key Highlights: ā¢ RSU Grant: Acquired 34,069 RSUs at $0.00 ā¢ Tax Withholding: 3,430 shares withheld at $39.06 ($133,975.80) ā¢ Stock Option Grant: 124,322 options (Exercise Price: $38.12, Exp: 2036-09-01) ā¢ Direct Shares Owned After: 91,404.159 Class B Common shares ā¢ Indirect Shares Owned: 1,507 shares via 401(k) Plan
Significance: Low (Routine Annual Equity Grant & Tax Withholding)
Comprehensive Analysis
Executive Equity Award Overview
On September 1, 2026, Robert Leinwand, Executive Vice President and Chief Legal Officer of NIKE, Inc. ($NKE), received annual equity grants and underwent routine tax-related share withholding under the company's Stock Incentive Plan.
Summary of Transactions:
-
Restricted Stock Units (RSUs):
- Shares Granted: 34,069 Class B Common Stock
- Price: $0.00
- Vesting Schedule: Vests 25% annually over four years on each anniversary of the grant date.
-
Shares Withheld for Taxes (Code F):
- Shares Disposed: 3,430 Class B Common Stock
- Price per Share: $39.06
- Total Value: $133,975.80 (Non-open market disposition to cover tax obligations upon RSU vesting).
-
Derivative Securities (Stock Options):
- Options Granted: 124,322 Non-Qualified Stock Options
- Exercise Price: $38.12
- Expiration Date: September 1, 2036
- Vesting Schedule: Exercisable in 25% annual increments over four years.
Post-Transaction Holdings:
- Direct Ownership: 91,404.159 Class B Common shares (including ESPP acquisitions).
- Indirect Ownership: 1,507 Class B Common shares held via The NIKE, Inc. 401(k) Plan.
- Derivative Holdings: 124,322 stock options.
Analytical Takeaway:
These transactions represent standard annual executive compensation grants and automatic tax withholdings rather than discretionary open-market trading activity, carrying Low trading significance for investors.
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