NIKE, Inc. — Director's Dealing 2026

Jan 5, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NIKE, Inc. (NKE)
CIK: 0000320187
Period of Report: 2025-12-31

Reporting Person: Knight Travis A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-22	Class B Common Stock	J	1694859	—	Acquired	1694859	Indirect
2025-12-31	Class B Common Stock	J	3000000	—	Acquired	3033940	Direct
2025-12-31	Class B Common Stock	J	3000000	—	Disposed	33940	Direct
2025-12-31	Class B Common Stock	J	3000000	—	Acquired	4694859	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	4805141	Indirect

Footnotes

F1: On December 22, 2025, the reporting person contributed 1,694,859 shares to Three Strings Investors, L.P. ("Three Strings"), representing a change in form of beneficial ownership of those shares. The reporting person exercises full management authority over Three Strings and owns, directly or indirectly, 100 % of the economic interests in Three Strings.

F2: The 1,694,859 shares contributed to Three Strings were transferred to the reporting person on October 29, 2025, from a grantor retained annuity trust formed by the reporting person, in final satisfaction of the trust's annuity obligations in a transaction that constituted a change in the form of beneficial ownership and was therefore exempted by Rule 16a-13 under the Securities Act of 1934. Such shares were owned directly by the reporting person prior to their contribution to Three Strings.

F3: These shares are held by Three Strings.

F4: On December 31, 2025, the Travis A. Knight 2009 Irrevocable Trust II, which is managed by an independent trustee, distributed the shares to the reporting person, the beneficiary of the trust, for no consideration.

F5: On December 31, 2025, the reporting person contributed the shares to Three Strings for no consideration.