NIKE Executive Vice President Philip McCartney Sells Shares Worth Over $96k

Philip McCartney, Executive Vice President of NIKE (NYSE:NKE), has sold 2,559 shares of company stock in a transaction that took place on September 9th. The sale occurred at an average price of $37.59 per share, resulting in a total value of $96,192.81.

This trade represents a 3.17% decrease in McCartney's position as an executive vice president, with the remaining shares valued at $2,936,568.39.

The transaction was executed under a pre-arranged Rule 10b5-1 trading plan and was disclosed to the Securities & Exchange Commission through a legal filing.