The dollar amount is too small to trade on directly, but the C-suite cluster-selling at identical terms is a yellow flag. Watch for NKE's next quarterly earnings (due ~Oct 2026) and check whether management commentary corroborates weak demand signals. If additional Form 4 filings show further C-suite sales without buys, the signal strengthens.
Price Chart
Executive Summary
Three NIKE executives—the COO, Chief Legal Officer, and Chief Innovation Officer—collectively sold ~$371K worth of shares at $37.59 on September 9, 2026. While the dollar amount is trivial relative to NIKE's $55.4B market cap (0.0007%), C-suite cluster selling on the same day at the same price warrants attention, especially given the stock's recent decline and the company's mixed sales trajectory.
Key Financial Metrics
Key Facts
- Three EVP-level insiders sold open-market: COO Venkatesh Alagirisamy ($138K), CLO Robert Leinwand ($137K), CPIDO Philip McCartney ($96K).
- Total open-market selling value: $371K (0.0007% of $55.4B market cap).
- Three directors received non-cash grants of 5,047 shares each on Sept 8, 2026 ($0 value).
- Sales all executed at $37.59 on Sept 9 — suggests coordinated or pattern selling (e.g., 10b5-1 plan).
- Stock has fallen ~20% from its 52-week high; institutional 13F shows 9 adds but 3 trims and 1 exit in Q2.
Financial Impact
Insider sales of $371K are economically negligible for a $55.4B company.
Risk Factors
- Insider sales may be part of pre-arranged 10b5-1 plans, reducing their informational value.
- Stock is already down ~10% from the filing date; the selling may reflect personal diversification, not bearish conviction.
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-1789077705247 |
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% | $35.15 (−2.63%) |
Sep 14, 2026 17d ago | ANALYST-DOWNGRADE | $37.05 $36.10 | ▲ +2.56% | ▲ +2.67% | $35.15 (+5.13%) |
Sep 10, 2026 21d ago | Insider Cluster | $36.80 $35.51 | ▼ −3.51% | ▼ −3.28% | $35.15 (−4.48%) |
Sep 9, 2026 23d ago | ANALYST-UPGRADE | $37.35 $35.78 | ▼ −4.20% | ▼ −3.55% | $35.15 (−5.89%) |
Aug 26, 2026 5w ago | ANALYST-DOWNGRADE | $38.59 $38.24 | ▲ +0.91% | ▲ +0.79% | $35.15 (+8.91%) |
Aug 11, 2026 7w ago | Insider Cluster | $41.32 $40.06 | ▼ −3.05% | ▼ −2.65% | $35.15 (−14.93%) |
Aug 10, 2026 7w ago | 8-K | $41.32 $40.06 | ▼ −3.05% | ▼ −2.65% | $35.15 (−14.93%) |
Aug 7, 2026 8w ago | Insider Cluster | $41.70 $40.73 | ▼ −2.33% | ▼ −2.72% | $35.15 (−15.71%) |
Aug 5, 2026 8w ago | Court Ruling | $42.44 $40.50 | ▲ +4.57% | ▲ +4.92% | $35.15 (+17.17%) |
US Market Status
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