Dec. 27 at 7:29 AM
$NKE $AAPL The clearest sign that Tim doesn't know what he's doing are these insider selling transactions at Nike. The real insider, Mark G Parker, Executive Chairman, has been selling huge chunks, some
$45 mil in 2025. That's more than 15x Tim's purchase. This Parker fellow doesn't have any time for a turnaround. He wants to get out at any opportunity. If you also look more carefully, this Parker fellow has been issued umpteen stock options which Nike has been redeeming at market price. So it's not just his open-market selling, you have to also examine his option grants and the way NKE has been redeeming them. You count all of that and it could be more than
$100 million. Now that's a huge chunk. Don't be distracted by Tim's chickenfeed buy signal at Nike. Look at what the real insiders are doing: this could really be a signal that the real insider has no confidence in the turnaround.
