Summary by Futu AI
Nike's President & CEO, Elliott Hill, has filed an Initial Statement of Beneficial Ownership of Securities with the SEC, as per a Form 3 submission dated October 14, 2024. The document, which is a requirement under Section 16(a) of the Securities Exchange Act of 1934, indicates that Hill does not beneficially own any Nike securities as of the filing date. The form was signed by attorney-in-fact Kelsey A. Baldwin on behalf of Hill on October 16, 2024. This filing is standard procedure for directors and officers of publicly traded companies to report their ownership of company stock.