Apple CEO Tim Cook and Nike President both increase their holdings in Nike stock

Glonghui, April 15 — According to documents from the U.S. Securities and Exchange Commission (SEC), Apple CEO and Nike board member Tim Cook, as well as Nike President and CEO Elliott Hill, have both recently increased their holdings of Nike stock, drawing heightened attention from investors regarding the company's prospects. Disclosure materials show that on April 10, Cook purchased 25,000 shares of Nike Class B common stock at a weighted average price of $42.43 per share. After the transaction, Cook directly holds over 130,000 shares of Nike. In addition, Elliott Hill bought approximately 23,700 shares of Nike Class B common stock on April 13 at a transaction price of $42.27 per share. After the deal, Hill directly holds more than 260,000 shares of Nike.