Crocs (CROX) family trust tied to director sells 5,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crocs, Inc. director Thomas J. Smach reported that a trust associated with his family sold 5,000 shares of Crocs common stock on February 13, 2026 in an open-market transaction at a weighted average price of $98.414 per share, with individual sale prices ranging from $98.190 to $98.955.
The shares sold were held in a family trust for the benefit of his children, and the filing states that Smach disclaims beneficial ownership of those securities except to the extent of his pecuniary interest. After this activity, the filing shows 88,958 shares held directly and additional indirect holdings through trusts, a child, and a spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($492,070)
Net Sell
5 txns
Insider
SMACH THOMAS J
Role
Director
Sold
5,000 shs ($492K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $98.414 | $492K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By Trust);
Common Stock — 88,958 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $98.190 - $98.955, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote. These shares were held in a trust (Thomas J Smach 2021 Irrevocable Trust UAD 12/03/21 Linda Smach TTEE) for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is or was the beneficial owner of these securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest. The reporting person is a trustee of the THOMAS J. SMACH 1996 REV TRUST & LINDA M. SMACH 1996 REV TRUST TEN COM and exercises voting and investment power for the shares beneficially owned by the trust. These shares are held in the name of the reporting person's child. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest.
FAQ
What insider transaction did Crocs (CROX) director Thomas J. Smach report?
Thomas J. Smach reported that a family trust associated with him sold 5,000 Crocs common shares. The sale occurred on February 13, 2026, as an open-market transaction at a weighted average price of $98.414 per share, with prices ranging from $98.190 to $98.955.
What indirect Crocs (CROX) holdings are disclosed for Thomas J. Smach in this Form 4?
The Form 4 lists several indirect Crocs holdings for Thomas J. Smach, including shares held by trusts, by a child, and by his spouse. One trust indicates he exercises voting and investment power, while other positions are reported with disclaimers of beneficial ownership except for any pecuniary interest.