Sec Form 4 Filing - Knight Travis A @ NIKE, Inc. - 2025-12-31

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

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Knight Travis A 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) (Last) (First) (Middle) ONE BOWERMAN DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 12/31/2025 (Street) BEAVERTON, OR97005 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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) Code V Amount (A) or (D) Price Class B Common Stock 12/22/2025 J 1,694,859 ( 1 ) A $ 0 1,694,859 ( 2 ) I by Partnership ( 3 ) Class B Common Stock 12/31/2025 J 3,000,000 ( 4 ) A $ 0 3,033,940 D Class B Common Stock 12/31/2025 J 3,000,000 ( 5 ) D $ 0 33,940 D Class B Common Stock 12/31/2025 J 3,000,000 ( 5 ) A $ 0 4,694,859 I by Partnership ( 3 ) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Knight Travis A ONE BOWERMAN DRIVE BEAVERTON, OR97005 X Signatures /s/ Kelsey A. Baldwin, attorney-in-fact for Mr. Knight 01/05/2026 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On December 22, 2025, the reporting person contributed 1,694,859 shares to Three Strings Investors, L.P. ("Three Strings"), representing a change in form of beneficial ownership of those shares. The reporting person exercises full management authority over Three Strings and owns, directly or indirectly, 100 % of the economic interests in Three Strings. ( 2 )The 1,694,859 shares contributed to Three Strings were transferred to the reporting person on October 29, 2025, from a grantor retained annuity trust formed by the reporting person, in final satisfaction of the trust's annuity obligations in a transaction that constituted a change in the form of beneficial ownership and was therefore exempted by Rule 16a-13 under the Securities Act of 1934. Such shares were owned directly by the reporting person prior to their contribution to Three Strings. ( 3 )These shares are held by Three Strings. ( 4 )On December 31, 2025, the Travis A. Knight 2009 Irrevocable Trust II, which is managed by an independent trustee, distributed the shares to the reporting person, the beneficiary of the trust, for no consideration. ( 5 )On December 31, 2025, the reporting person contributed the shares to Three Strings for no consideration.

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).

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