---
schema_version: "secwatch.filing_event.v1"
accession: "0000320187-26-000184"
form_type: "8-K"
ticker: "NKE"
cik: "0000320187"
company_name: "NIKE, Inc."
filed_at: "2026-10-01T20:15:15+00:00"
generated_at: "2026-10-12T14:23:10.975668+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nike announces Pace restructuring with $1.0B pre-tax charges and $2.5B savings target through fiscal 2031

## Summary
- NIKE announced the multi-year Pace program on October 1, 2026, building on the March 2026 cost realignment plan.
- Pace is expected to incur about $1.0 billion in pre-tax charges, in addition to about $0.3 billion of severance costs recognized in fiscal 2026.
- NIKE expects about $0.3 billion of charges in fiscal 2027, with the remainder through fiscal 2031, and about $2.5 billion in cumulative savings through fiscal 2031.
- The program includes optimizing the global supply chain, establishing a new campus in India, and realigning the operating model into three geographies.
- NIKE also disclosed financial results for the fiscal quarter ended August 31, 2026 in a same-day press release.

## SEC filing metadata
- accession: 0000320187-26-000184
- form_type: 8-K
- ticker: NKE
- cik: 0000320187
- company_name: NIKE, Inc.
- filed_at: 2026-10-01T20:15:15+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320187/000032018726000184/0000320187-26-000184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320187/000032018726000184/nke-20261001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320187-26-000184
- JSON: https://secwatch.observer/filing/0000320187-26-000184.json
- Plain text: https://secwatch.observer/filing/0000320187-26-000184.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.