Summary by Futu AI
Nike, Inc. has announced that Officer and Director Mark G. Parker is set to sell 45,190 Class B shares of the company. The sale, with an aggregate market value of approximately $3,463,361.60, is scheduled for 11/14/2024. These shares were acquired by Parker as part of restricted stock vesting on various dates, with the earliest being 07/17/2017 and the latest on 07/15/2018, as compensation from the issuer. This transaction follows a recent sale of 52,487 Class B shares by Parker in the past three months, which grossed $4,093,986. The notice for the upcoming sale was filed on the same date as the planned sale, 11/14/2024, with the plan for this transaction having been adopted on 11/07/2023.