NIKE CEO Elliott Hill Receives Annual Equity Awards & Stock Options

Executive Summary

On September 1, 2026, Elliott Hill, President, CEO, and Director of NIKE, Inc. ($NKE), was granted routine equity compensation consisting of Restricted Stock Units (RSUs) and stock options. In addition, shares were withheld to satisfy tax liabilities stemming from RSU vesting. None of these transactions represent open-market purchases or sales.

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Transaction Breakdown

1. Restricted Stock Unit (RSU) Award:

   • Security: Class B Common Stock
   • Shares Granted: 108,400
   • Price: $0.00 (Incentive Grant)
   • Vesting Schedule: 25% vests annually on each of the first four anniversaries of the grant date.

2. Stock Option Grant:

   • Security: Non-Qualified Stock Option (Right to Buy)
   • Option Shares: 395,570
   • Exercise Price: $38.12
   • Expiration Date: September 1, 2036
   • Vesting Schedule: 25% becomes exercisable on each of the first four anniversaries of the grant date.

3. Tax Withholding Disposition (Code F):

   • Security: Class B Common Stock
   • Shares Withheld: 9,462
   • Price per Share: $39.06
   • Total Value: $369,585.72
   • Purpose: Payment of tax withholding obligations resulting from RSU vesting.

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Beneficial Ownership Post-Transaction

• Direct Ownership: 373,729.586 Class B Common shares (including shares acquired under the Employee Stock Purchase Plan and an administrative correction of 82.351 shares).
• Option Holdings: 395,570 derivative stock options.

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Trading Significance

• Significance Level: Low
• Rationale: The reported transactions consist entirely of standard equity compensation award grants and non-discretionary tax withholding dispositions under the NIKE, Inc. Stock Incentive Plan. No discretionary open-market buying or selling occurred.