Apple CEO Tim Cook Receives 5,047 Restricted Shares as Nike Director Grant
NIKE, Inc.
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Filing Summary
NIKE, Inc. ($NKE) Form 4 Filing Summary • Insider: Timothy D. Cook (Director) • Transaction: Grant / Award of 5,047 Class B Common Shares • Price: $0.00 (Stock Incentive Plan Grant) • Post-Transaction Holdings: 135,527 shares • Significance: Low (Routine annual equity compensation for board service)
Comprehensive Analysis
Executive Summary
On September 10, 2026, NIKE, Inc. ($NKE) filed a Form 4 reporting an equity grant to board member Timothy D. Cook. On September 8, 2026, Mr. Cook was granted 5,047 restricted shares of Class B Common Stock at $0.00 per share as part of the company's director compensation program under the NIKE, Inc. Stock Incentive Plan.
Transaction Details
- Security: Class B Common Stock
- Transaction Code:
A(Grant / Award) - Shares Acquired: 5,047
- Price Per Share: $0.00
- Total Consideration: $0.00
- Ownership Type: Direct
- Post-Transaction Direct Holdings: 135,527 shares
Vesting & Terms
According to footnote disclosure, the 5,047 restricted shares lapse with respect to 100% of the grant on the earlier of:
- The date of the next annual meeting of shareholders, or
- The last day of the 12th full calendar month following the grant date.
Market & Governance Impact
This filing represents standard annual board equity compensation and does not reflect open-market buying or selling activity. Trading significance is assessed as Low.
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