Nike, Inc.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 15, 2026, the Board of Directors (the “Board”) of NIKE, Inc. (the “Company”) increased the size of the Board to twelve directors and appointed Alexandre Arnault as a director of the Company, effective immediately, for an initial term expiring at the Company’s 2027 annual meeting of shareholders. Committee assignments for Mr. Arnault have not yet been determined. Alexandre Arnault, 34, has been the Deputy Chief Executive Officer of Moët Hennessy, the wines and spirits division of LVMH Moët Hennessy Louis Vuitton SE (“LVMH”), since February 2025, and has served on the board of directors of LVMH since April 2024. Mr. Arnault previously served as the Executive Vice President of Products and Communications at Tiffany & Co. from January 2021 until February 2025, where he developed and implemented the company’s communications and products strategy. He also served as Chief Executive Officer of RIMOWA from October 2016 to December 2020. In addition to his roles at LVMH, Mr. Arnault previously served on the boards of directors of Birkenstock Holding plc, Carrefour SA, and Moncler S.p.A. There are no arrangements or understandings between Mr. Arnault and any other person pursuant to which Mr. Arnault was selected as a director, and no family relationships exist between Mr. Arnault and any director or executive officer of the Company. Mr. Arnault is not a party to any transaction to which the Company is or was a participant and in which Mr. Arnault has a direct or indirect material interest subject to disclosure under Item 404(a) of Regulation S-K. Mr. Arnault will participate in the Company’s standard director compensation program, which is described in “Corporate Governance-Director Compensation for Fiscal 2026” in the Company’s proxy statement for its 2026 annual meeting of shareholders (filed with the Securities and Exchange Commission on July 15, 2026) (the “Director Compensation Program”). Pursuant to the Director Compensation Program, on September 15, 2026, Mr. Arnault was granted a sign-on award of restricted shares of the Company’s Class B Common Stock valued at $200,000. These shares are subject to forfeiture in the event that Mr. Arnault’s service as a director of the Company terminates prior to the first anniversary of the grant.

Item 7.01. Regulation FD Disclosure The Company issued a press release on September 16, 2026, announcing the appointment of Mr. Arnault to the Board, which is furnished as Exhibit 99.1 to this Current Report on Form 8-K. A copy of the press release is being furnished pursuant to Item 7.01 of Form 8-K and the information included therein shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.