Nike Grants Alexandre Arnault 5,171 Restricted Shares Under Stock Incentive Plan
Nike (NYSE: NKE) has granted director Alexandre Arnault a significant number of restricted shares. The company's latest Form 4 filing, submitted to the SEC on September 17, 2026, reveals that Arnault received 5,171 Class B shares under the NIKE, Inc. Stock Incentive Plan.
The award was made at $0.00 per share, and all restrictions will lapse after one year from the grant date of September 15, 2026. This means that Arnault's new shares will vest on September 15, 2027, subject to his continued service with the company.
The total number of shares held directly by Arnault now stands at 30,171. The restricted stock grant is a significant perk for the director, and it remains to be seen how this move will impact Nike's future share price or ownership structure.