ATLANTA AP - Nike chairman and co-founder Phil Knight placed about $1.32 billion in stock in three trusts, according to a filing with the Securities and Exchange Commission Wednesday.Knight placed 20 million shares into the trusts. He still has about 65.7 million shares, worth about $4.35 billion, according to the filing.
December 31, 2009 at 12:00 AM
1 minute read
ATLANTA AP – Nike chairman and co-founder Phil Knight placed about $1.32 billion in stock in three trusts, according to a filing with the Securities and Exchange Commission Wednesday.
Knight placed 20 million shares into the trusts. He still has about 65.7 million shares, worth about $4.35 billion, according to the filing.
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