Summary by Futu AI
Travis A. Knight, reported a completed transaction involving Nike, Inc. (NKE) Class B Common Stock on 10/29/2024. Knight acquired 3,180,141 shares directly at no cost, described as a bona fide gift, bringing his direct holdings to 4,836,462 shares. Concurrently, an equal number of shares were disposed of indirectly through a GRAT, leaving an indirect holding of 1,694,859 shares. The transactions did not involve any monetary exchange and were completed on the same day.