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Nike CEO, Directors Signal Confidence in Company Turnaround to the Tune of $4.45 Million
Yahoo Finance· 2026-01-03 03:18
Nike Inc. insiders are putting their personal money at risk in a move that typically shows they have confidence in the future of the company and the direction it is headed. Nike’s president and chief executive officer Elliott Hill on Monday spent $1 million to acquire 16,388 shares of the company’s Class B Common stock at $61.10 per share, according to a regulatory filing — a Form 4 — with the Securities and Exchange Commission (SEC) on Tuesday. The acquisition appears to represent his first purchase of Ni ...