This cluster is too small in dollar terms to warrant a trading response. Monitor NIKE's next quarterly earnings for fundamental signals; insider sales at this scale are routine portfolio diversification and carry no predictive value for the stock.
Price Chart
Executive Summary
Five NIKE executives, including the CFO, President, and Chief Legal Officer, sold a total of ~$400K in open-market sales over a one-week window. The aggregate dollar value is 0.00065% of NIKE's $61.3B market cap — far below the 0.1% threshold for materiality — making this a routine, non-informative cluster likely driven by tax-planning or blackout-window timing rather than a shared bearish view. Per academic literature, cluster sales are not predictive of stock returns, and the tiny absolute size confirms no actionable signal.
Key Financial Metrics
Key Facts
- 5 insiders sold a total of ~$400K in open-market transactions from July 31 to August 7, 2026
- Sales include CFO Matthew Friend ($102K), President Amy Montagne ($205K), Chief Legal Officer Robert Leinwand ($34K), Chief Innovation Officer Philip McCartney ($22K), and COO Venkatesh Alagirisamy ($37K)
- Total sales represent 0.00065% of NIKE's $61.3B market cap — trivial and routine
- No insider purchases were reported in the cluster window
- Historical calibration shows prior NKE reports had a 50% win rate at T+20 with average negative alpha, but this event is too small to be informative
Financial Impact
Total insider sales of ~$400K, or 0.00065% of market cap — immaterial
Risk Factors
- No material risk from this cluster — sales are trivial relative to market cap
- If a larger insider sale cluster (>0.5% of market cap) emerges in future filings, that would warrant attention
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-NKE-1786526679021 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 25, 2026 7d ago | ANALYST-DOWNGRADE | — | awaiting T+5 | — | — |
Sep 22, 2026 10d ago | ANALYST-UPGRADE | $36.10 $35.84 | ▼ −0.72% | ▲ +0.28% | $32.82 (−9.09%) |
Sep 14, 2026 17d ago | ANALYST-DOWNGRADE | $37.05 $36.10 | ▲ +2.56% | ▲ +2.67% | $32.82 (+11.42%) |
Sep 10, 2026 21d ago | Insider Cluster | $36.80 $35.51 | ▼ −3.51% | ▼ −3.28% | $32.82 (−10.82%) |
Sep 9, 2026 23d ago | ANALYST-UPGRADE | $37.35 $35.78 | ▼ −4.20% | ▼ −3.55% | $32.82 (−12.13%) |
Aug 26, 2026 5w ago | ANALYST-DOWNGRADE | $38.59 $38.24 | ▲ +0.91% | ▲ +0.79% | $32.82 (+14.95%) |
Aug 11, 2026 7w ago | Insider Cluster | $41.32 $40.06 | ▼ −3.05% | ▼ −2.65% | $32.82 (−20.57%) |
Aug 10, 2026 7w ago | 8-K | $41.32 $40.06 | ▼ −3.05% | ▼ −2.65% | $32.82 (−20.57%) |
Aug 7, 2026 8w ago | Insider Cluster | $41.70 $40.73 | ▼ −2.33% | ▼ −2.72% | $32.82 (−21.29%) |
Aug 5, 2026 8w ago | Court Ruling | $42.44 $40.50 | ▲ +4.57% | ▲ +4.92% | $32.82 (+22.66%) |
US Market Status
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