NIKE Director Travis A. Knight Receives Annual Equity Grant and Reports GRAT Distribution
NIKE, Inc.
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Filing Summary
📢 Insider Transaction Report: NIKE, Inc. ($NKE) Insider: Knight Travis A (Director) Transaction Date: September 8, 2026 Type: Equity Award / Grant Shares: 5,047 Class B Common Stock Price: $0.00 Direct Shares Owned After: 2,889,704 Indirect Holdings: 1,954,424 (GRAT) + 4,694,859 (Partnership) Details: Annual director restricted stock grant under the NIKE Stock Incentive Plan, vesting at the next annual meeting or 12 months. Also reported an exempt GRAT annuity transfer of 2,850,717 shares from indirect to direct ownership on July 30, 2026.
Comprehensive Analysis
Executive Summary
On September 10, 2026, NIKE, Inc. director Travis A. Knight filed Form 4 disclosing an award of restricted shares and reporting a previous exempt trust transfer:
- Equity Grant (September 8, 2026): Received 5,047 shares of Class B Common Stock as a restricted stock grant at $0 per share under the NIKE, Inc. Stock Incentive Plan.
- GRAT Annuity Distribution (July 30, 2026): Reported an exempt transfer of 2,850,717 shares from a Grantor Retained Annuity Trust (GRAT) to direct ownership to satisfy the trust's annuity obligation pursuant to Rule 16a-13.
Holdings Breakdown
- Direct Ownership: 2,889,704 Class B Common Stock shares following the reported transactions.
- Indirect Ownership:
- By GRAT: 1,954,424 shares.
- By Partnership (Three Strings Investors, L.P.): 4,694,859 shares.
Market Impact & Significance
This filing represents standard director compensation along with an estate-planning annuity disbursement. It does not reflect open-market buying or selling activity, representing low trading significance.
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