NIKE, Inc. — Director's Dealing 2025

Sep 4, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE, Inc. (NKE)
CIK: 0000320187
Period of Report: 2025-09-01

Reporting Person: Leinwand Robert (EVP: Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-09-01	Class B Common Stock	A	17986	—	Acquired	46738.2318	Direct
2025-09-02	Class B Common Stock	F	864	$77.37	Disposed	45874.2318	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-09-01	Non-Qualified Stock Option (Right to Buy)	$77.37	A	58362	Acquired	2035-09-01	Class B Common Stock (58362)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	1464	Indirect

Footnotes

F1: Restricted Stock Units ("RSUs") granted under the NIKE, Inc. Stock Incentive Plan; 25% of the total number of RSUs granted vest on each of the first four anniversaries of the date of the grant.

F2: Shares withheld by the Company to satisfy tax withholding obligations upon vesting of RSUs; not an open market transaction.

F3: Includes shares acquired pursuant to NIKE, Inc.'s Employee Stock Purchase Plan.

F4: Shares held in account under the NIKE, Inc. 401(k) Savings and Profit Sharing Plan.

F5: Stock Option granted under the NIKE, Inc. Stock Incentive Plan; it becomes exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of the grant.