Summary by Futu AI
Nike, Inc. has announced that Officer and Director Mark G. Parker is set to sell 110,000 Class B shares of the company. The sale, with an aggregate market value of $8,026,700, is scheduled for 07/18/2024. These shares were originally acquired on the same date as part of an option granted ten years prior, on 07/18/2014, directly from the issuer. Parker will be purchasing the shares on the date of sale using cash. This transaction follows a recent history of Parker selling 168,378 shares over the past three months, with total gross proceeds of $15,682,726.92.