Question

do any of the shareholders for NIKE listed below qualify as a "Beneficial Owner"? Why or why not?

1.17%	% of Shares Held by All Insider
85.83%	% of Shares Held by Institutions
86.84%	% of Float Held by Institutions
2,440	Number of Institutions Holding Shares

Answer 1

Beneficial owners will mean that those owners who are having more than 25% of the shares of the entity and they are termed as beneficial owners.

Insider as well as those institutions who are holding floating shares are not the beneficial owners

But those institutions who are having 85.83% of shares which are held are beneficial owners because they are having 25% or more than 25% of the equity held in their name.

Correct answer will be options (b) 85.83% of shares held by institutions are beneficial owners