Crocs CEO exercises 200,000 stock options
Crocs, Inc. CEO Andrew Rees exercised 200,000 employee stock options on August 4, 2026 at an exercise price of $6.98 per share, receiving 200,000 shares of common stock.
Rhea-AI Filing Summary
Crocs, Inc. CEO Andrew Rees exercised 200,000 employee stock options on August 4, 2026 at an exercise price of $6.98 per share, receiving 200,000 shares of common stock. The issuer withheld 105,610 shares at $141.19 per share to cover the exercise price and tax obligations. A family trust for which Rees is trustee holds 743,293 shares of Crocs common stock with voting and investment power, and the transactions were not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
200,000 shares exercised/converted
Exercise
4 txns
Insider
Rees Andrew
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F3 | 200,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 200,000 | $6.98 | $1.40M |
| Exercise Price or Tax Liability | Common Stock F1 | 105,610 | $141.19 | $14.91M |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 570,179 shares (Direct);
Common Stock — 743,293 shares (Indirect, By Trust)
Footnotes (3)
- F1. Represents shares withheld by the issuer to cover the exercise price and tax withholding obligations upon exercise of employee stock options.
- F2. The reporting person is a trustee of the REES FAMILY LIVING TRUST U/A DTD 03/22/2019 and exercises voting and investment power for the shares beneficially owned by the trust.
- F3. The stock option vested in three tranches: 66,667 shares on June 1, 2018, 66,667 shares on June 1, 2019, and 66,666 shares on June 1, 2020.
Key Figures
Stock options exercised: 200,000 shares
Exercise price: $6.98 per share
Shares withheld for tax and exercise costs: 105,610 shares
+3 more
6 metrics
Stock options exercised
200,000 shares
Employee stock options exercised by CEO on 2026-08-04 at $6.98 per share
Exercise price
$6.98 per share
Conversion price of the employee stock options exercised into common stock
Shares withheld for tax and exercise costs
105,610 shares
Common shares withheld at $141.19 per share to cover exercise price and tax obligations
Withholding price
$141.19 per share
Per-share value used when 105,610 shares were withheld for exercise price and taxes
Trust holdings after transaction
743,293 shares
Crocs common stock beneficially owned by REES FAMILY LIVING TRUST with Rees as trustee
Option expiration date
2027-06-01
Expiration date of the employee stock option grant that was exercised
Key Terms
Employee Stock Option (Right to Buy), tax withholding obligations, beneficially owned, voting and investment power
4 terms
Employee Stock Option (Right to Buy) financial
"Security titled "Employee Stock Option (Right to Buy)" was exercised."
tax withholding obligations financial
"Shares were withheld to cover the exercise price and tax withholding obligations."
beneficially owned financial
"Shares are beneficially owned by the REES FAMILY LIVING TRUST."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
voting and investment power financial
"Rees exercises voting and investment power for shares held by the trust."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Crocs (CROX) CEO Andrew Rees report?
Andrew Rees reported exercising 200,000 employee stock options on August 4, 2026 at an exercise price of $6.98 per share, receiving 200,000 Crocs common shares and having 105,610 shares withheld to cover the exercise price and tax obligations.
How many Crocs (CROX) stock options did Andrew Rees exercise and at what price?
Andrew Rees exercised 200,000 employee stock options in Crocs common stock at an exercise price of $6.98 per share. The option had vested in three tranches between 2018 and 2020 and was fully exercised in this transaction.
What Crocs (CROX) holdings are reported for the Rees Family Living Trust?
The REES FAMILY LIVING TRUST reports holding 743,293 Crocs common shares. Andrew Rees is a trustee of the trust and exercises voting and investment power over these shares, which are beneficially owned by the trust.
Was Andrew Rees’s Crocs (CROX) transaction under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not affirmed for this Form 4, indicating the reported option exercise and related share withholding were not carried out under a pre-arranged Rule 10b5-1 trading plan.
What happened to the stock option Andrew Rees exercised at Crocs (CROX)?
The employee stock option for 200,000 shares with a $6.98 exercise price was fully exercised, leaving 0 options remaining under that grant. It had originally vested in three equal tranches from 2018 through 2020 and was set to expire June 1, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
