NIKE EVP & Chief Legal Officer Robert Leinwand Sells $137K in Stock Under 10b5-1 Plan
NIKE, Inc.
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Filing Summary
+ INSIDER TRANSACTION REPORT
+ Issuer: NIKE, Inc. ($NKE)
+ Insider: Leinwand Robert (EVP: Chief Legal Officer)
- Action: Sold 3,646 shares of Class B Common Stock @ $37.59
- Total Value: $137,053.14
= Remaining Ownership: 87,758.159 shares (Direct), 1,507 shares (Indirect)
* Note: Executed pursuant to a Rule 10b5-1 trading plan adopted on Feb 5, 2026.
Comprehensive Analysis
Executive Summary
On September 9, 2026, Robert Leinwand, Executive Vice President and Chief Legal Officer of NIKE, Inc. ($NKE), executed an open-market sale of 3,646 shares of Class B Common Stock at an average price of $37.59 per share, totaling approximately $137,053.14.
Transaction & Plan Details
- Security: Class B Common Stock
- Transaction Code:
S(Open market sale) - Rule 10b5-1 Plan: The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on February 5, 2026.
- Post-Transaction Holdings: Following the sale, Mr. Leinwand directly owns 87,758.159 shares (which includes ESPP shares) and indirectly holds 1,507 shares via the NIKE 401(k) Plan.
Significance
The transaction represents a low-impact routine liquidation under a pre-scheduled 10b5-1 plan, comprising less than 4% of the insider's total equity holdings in the company.
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Important Disclaimer
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