How much stock has Phil Knight, Nike Inc. co-founder and Chairman, sold in the last two weeks?

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How much stock has Phil Knight, Nike Inc. co-founder and Chairman, sold in the last two weeks?

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Phil Knight, Nike Inc. co-founder and Chairman, has sold $37 million of Nike stock on Monday and Tuesday this week. According to reports, in the last two weeks he has let go of 5 million shares which adds up to about $332 million. www.nike.com According to Bizjournals, “The selling spree began on Oct. 14 when Knight acquired 5 million shares of the company’s Class B stock in exchange for 5 million shares of the company’s more powerful Class A stock.” Despite selling as many shares he did, he’s still the largest shareholder of the company. After selling is 5 million shares he still controls about 87 million more in the Class A stock section. The company said it would not talk about the sales. (c) tPC Sources: http://www.postchronicle.com/news/business/article_212265227.

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Phil Knight, Nike Inc. co-founder and Chairman, has sold $37 million of Nike stock on Monday and Tuesday this week. According to reports, in the last two weeks he has let go of 5 million shares which adds up to about $332 million. According to Bizjournals, “The selling spree began on Oct. 14 when Knight acquired 5 million shares of the company’s Class B stock in exchange for 5 million shares of the company’s more powerful Class A stock.” Despite selling as many shares he did, he’s still the largest shareholder of the company. After selling is 5 million shares he still controls about 87 million more in the Class A stock section. The company said it would not talk about the sales. Sources: http://www.postchronicle.com/news/business/article_212265227.

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Phil Knight, Nike Inc. co-founder and Chairman, has sold $37 million of Nike stock on Monday and Tuesday this week. According to reports, in the last two weeks he has let go of 5 million shares which adds up to about $332 million. According to Bizjournals, “The selling spree began on Oct. 14 when Knight acquired 5 million shares of the company’s Class B stock in exchange for 5 million shares of the company’s more powerful Class A stock.” Sources: http://www.postchronicle.com/news/business/article_212265227.

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