Trust linked to Crocs director sells 5,000 shares

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Form Type

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.

Insider Trade Summary

Net Seller: 5,000 shares

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 — 113,209 shares (Indirect, By Trust); Common Stock — 88,958 shares (Direct); Common Stock — 10,000 shares (Indirect, By Child); Common Stock — 6,416 shares (Indirect, By Spouse)

Footnotes (4)

F1. 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.
F2. 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.
F3. 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.
F4. 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

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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.

At what prices were the Crocs (CROX) shares sold in the reported trust transaction?

The 5,000 Crocs shares were sold at a weighted average price of $98.414 per share. According to the filing, individual sale prices for these open-market transactions ranged from $98.190 to $98.955, and detailed trade breakdowns are available upon request from the reporting person.

Who actually held the Crocs (CROX) shares sold in the Thomas J. Smach filing?

The sold shares were held in a family trust for the benefit of Thomas J. Smach’s children. The filing notes his spouse serves as trustee and that he disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest he may have.

How many Crocs (CROX) shares does Thomas J. Smach hold directly after the reported sale?

After the reported activity, the filing shows Thomas J. Smach with direct ownership of 88,958 Crocs common shares. In addition to this direct position, the Form 4 lists further indirect holdings through trusts, a child, and a spouse, reflecting different ownership arrangements.

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.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/18/2026 - 05:01 PM EST

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMACH THOMAS J

(Last)

(First)

(Middle)

C/O CROCS, INC.

500 ELDORADO BLVD #5

(Street)

BROOMFIELD

80021

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Crocs, Inc. [ CROX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/13/2026		S		5,000	D	$98.414⁽¹⁾	0	I	By Trust⁽²⁾
Common Stock								88,958	D
Common Stock								113,209	I	By Trust⁽³⁾
Common Stock								10,000	I	By Child⁽⁴⁾
Common Stock								6,416	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

2. 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.

3. 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.

4. 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.

Remarks:

	/s/Sara Hoverstock, Attorney-in-Fact	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR