Crocs CFO has shares withheld for tax payment
Crocs, Inc. executive vice president and chief financial officer Patraic Reagan reported a routine tax-related share disposition.
Rhea-AI Filing Summary
Crocs, Inc. executive vice president and chief financial officer Patraic Reagan reported a routine tax-related share disposition. On this Form 4, 3,523 shares of common stock were withheld by the company to cover tax obligations when a restricted stock unit award vested. This was not an open-market sale. After the withholding, Reagan directly holds 86,071 shares of Crocs common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 3,523 shares
Exercise Price or Tax Liability
1 txn
Insider
REAGAN PATRAIC
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,523 | $79.69 | $281K |
Holdings After Transaction:
Common Stock — 86,071 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
FAQ
What did Crocs (CROX) CFO Patraic Reagan report in this Form 4?
Patraic Reagan reported that 3,523 shares of Crocs common stock were withheld by the company to cover tax obligations on a vesting restricted stock unit award, a routine non-market transaction. He continues to hold 86,071 shares directly after this withholding.
Was the Crocs (CROX) CFO’s Form 4 transaction an open-market sale?
No, the Form 4 shows no open-market sale. The 3,523 shares were withheld by Crocs, Inc. to satisfy tax withholding obligations upon vesting of a restricted stock unit award, rather than being sold on the market by Patraic Reagan.
What does transaction code "F" mean in the Crocs (CROX) Form 4?
Transaction code "F" in this Form 4 indicates a payment of tax liability by delivering securities. Here, 3,523 shares of Crocs common stock were withheld by the issuer to satisfy tax withholding obligations when a restricted stock unit award vested.
Is the Crocs (CROX) CFO’s Form 4 transaction a strong insider signal?
The reported transaction is a tax-withholding disposition tied to restricted stock unit vesting, not a discretionary buy or sell. Such "F" code events are generally considered routine administrative actions, offering limited insight into the insider’s view of Crocs stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.