Nike Inc. (NKE) EVP Sells $5,699,000.00 in Stock

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.

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