Summary by Futu AI
On 11/25/2024, Robert Leinwand, EVP and Chief Legal Officer of Nike, was granted 4,189 shares of Class B Common Stock. The transaction was completed with a grant price of $0 per share, reflecting a typical award or acquisition process. Following this transaction, Leinwand's direct ownership increased to approximately 37,799 shares.The transaction was categorized under a grant, award, or other acquisition, indicating a non-monetary transaction. This acquisition enhances Leinwand's stake in Nike, aligning with executive compensation practices. Additionally, Leinwand holds 1,448 shares indirectly through a retirement plan, further consolidating his investment in the company. This transaction underscores Nike's commitment to rewarding its executives through stock-based incentives.