Stocks
Nike Executive Sells $96K Worth of Shares Under Rule 144
Nike's executive officer, Philip McCartney, plans to sell 2,559 Class B shares under Rule 144 on behalf of Nike, Inc. (NKE). The planned resale is valued at $96,192.81 as of September 9, 2026.
The sale relates to restricted stock vesting on September 1, 2026, which granted the shares as compensation. This marks McCartney's second and third sales in the past three months, with previous trades totaling over $825,000.
According to regulatory requirements, Rule 144 sets conditions for the resale of restricted or insider-held shares, including required holding periods and filing requirements.