Nike Inc. (NYSE:NKE) EVP Hilary K. Krane sold 100,000
shares of the business’s stock in a transaction that occurred on Monday, July
25th. The stock was sold at an average price of $56.99, for a total transaction
of $5,699,000.00. Following the sale, the executive vice president now owns
310,795 shares of the company’s stock, valued at $17,712,207.05. The
transaction was disclosed in a legal filing with the Securities & Exchange
Commission, which can be accessed through the SEC website.
The business also recently disclosed a quarterly dividend,
which was paid on Tuesday, July 5th. Stockholders of record on Monday, June 6th
were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an
annualized basis and a dividend yield of 1.14%. The ex-dividend date of this
dividend was Thursday, June 2nd.
Source: American Banking and Market News
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