Summary by Futu AI
Nike, Inc. has announced that Officer and Director Mark G. Parker is set to sell 168,378 Class B shares on 05/14/2024, with an aggregate market value of $15,682,726.92. The shares to be sold were acquired through restricted stock vesting on 06/30/2020 and an option granted on 07/18/2014, which will be exercised on the same day as the sale. The securities were originally obtained from the issuer as part of compensation and through cash payment. This planned transaction follows a previous sale of the same amount of shares by Parker in the past three months, which grossed $17,679,690.