Former Officer Matthew Friend Files Form 144 Notice of Proposed Sale of NIKE Shares
NIKE, Inc.
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Filing Summary
Proposed sale of 12,658 Class B shares (~$453,915.88) by Former Officer Matthew Friend under a Rule 10b5-1 plan adopted on 10/08/2025.
Comprehensive Analysis
Transaction Summary
Former Officer Matthew Friend submitted a Form 144 notice disclosing the intended sale of 12,658 shares of NIKE, Inc. Class B common stock, with an estimated aggregate market value of $453,915.88. The approximate date of sale is September 30, 2026, through Fidelity Brokerage Services LLC on the NYSE.
Origin and Prior Sales
- Acquisition: The 12,658 shares to be sold were acquired on September 4, 2026, through restricted stock vesting as compensation from the issuer.
- Past 3 Months Activity:
- August 5, 2026: Sold 2,463 Class B shares for gross proceeds of $102,460.80.
- September 9, 2026: Sold 5,304 Class B shares for gross proceeds of $199,377.36.
- Trading Plan: The filing notes a Rule 10b5-1 trading plan adoption date of October 8, 2025.
Market & Significance Assessment
The proposed transaction represents a routine disposition of equity received via equity vesting under a pre-established Rule 10b5-1 plan. Relative to NIKE's total outstanding shares (over 1.2 billion Class B shares), this transaction is immaterial and carries low trading significance.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
