craig a. williams - Sep 1, 2025 Form 4 Insider Report for NIKE, Inc. (NKE)

Role: EVP: CHIEF COMMERCIAL OFFICER
Signature: /s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Williams
Stock symbol: NKE
Transactions as of: Sep 1, 2025
Transactions value $: -$140,659
Form type: 4
Date filed: 9/3/2025, 08:01 PM
Previous filing: Aug 4, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
williams craig a.	EVP: CHIEF COMMERCIAL OFFICER	ONE BOWERMAN DRIVE, BEAVERTON	/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Williams	2025-09-03	0001848752

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NKE	Class B Common Stock	Award	$0	+26.2K	+29.15%	$0.00	116K	Sep 1, 2025	Direct	F1
transaction	NKE	Class B Common Stock	Tax liability	-$141K	-1.82K	-1.57%	$77.37	114K	Sep 2, 2025	Direct	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NKE	Non-Qualified Stock Option (Right to Buy)	Award	$0	+84.9K		$0.00	84.9K	Sep 1, 2025	Class B Common Stock	84.9K	$77.37	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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	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.