SEC FORM 4

SEC FORM 4SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Knight Travis A

(Last)

(First)

(Middle)

ONE BOWERMAN DRIVE

(Street)

BEAVERTON

OREGON

97005

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NIKE, Inc. [ NKE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	04/02/2026		J		2,300,480⁽¹⁾	D	⁽²⁾⁽³⁾	4,694,859⁽²⁾⁽³⁾	I	by Partnership⁽²⁾⁽³⁾
Class B Common Stock	04/02/2026		J		2,300,480⁽¹⁾	A	⁽²⁾⁽³⁾	4,694,859⁽²⁾⁽³⁾	I	by Partnership⁽²⁾⁽³⁾
Class B Common Stock								33,940	D
Class B Common Stock								4,805,141	I	by GRAT

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 2,300,480 is the number of shares of Class B Common Stock attributable to a 49% limited partnership interest in Three Strings Investors, L.P. ("Three Strings") as of April 2, 2026, the date of the transaction described in footnotes (2) and (3) below in which the reporting person sold a 49% limited partnership interest in Three Strings.

2. These shares are owned by Three Strings, for which the reporting person has the right to remove and replace the sole general partner. Prior to April 2, 2026 (the "Transaction Date"), the reporting person owned, directly or indirectly, 100% of the economic interests in Three Strings. On the Transaction Date, the reporting person sold a 49% limited partnership interest in Three Strings to The Travis A. Knight 2012 Irrevocable Children's Trust u/a/d 12/13/2012 (the "Children's Trust"), a trust for the benefit of the reporting person's children and for which the reporting person is the sole trustee. The purchase price for this 49% limited partnership interest in Three Strings was $288,317,000 (cont. in footnote (3)).

3. Due to a 1000 character limit, footnote (3) is a continuation of footnote (2): The shares represent a minority of the value of all assets held by Three Strings as of the Transaction Date, and in determining the purchase price for the limited partnership interest, the average of the high and low prices of the Class B Common Stock of the issuer on the Transaction Date was used to value the shares of Class B Common Stock attributable to the 49% limited partnership interest. Also on the Transaction Date, the reporting person assigned his remaining interest in Three Strings to The Travis A. Knight Revocable Trust u/a/d 12/13/2013, a revocable trust for which the reporting person is the grantor, trustee, and beneficiary. The reporting person disclaims beneficial ownership of the issuer's common stock held by Three Strings except to the extent of his pecuniary interest therein.

	/s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Knight	04/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

SEC Form 4 filed by Knight Travis A