Crocs (NASDAQ: CROX) CFO granted 44,222 performance RSUs

Rhea-AI Filing Summary

REAGAN PATRAIC reported acquisition or exercise transactions in this Form 4 filing.

Crocs, Inc. reported that EVP and Chief Financial Officer Patraic Reagan received a grant of 44,222 restricted stock units (RSUs) of common stock under the company’s 2020 Equity Incentive Plan. Following this award, he directly holds 89,594 shares or share-equivalents.

The award includes time-based and performance-based RSUs. 8,042 RSUs vest in three equal annual installments on March 10, 2027, 2028 and 2029. Up to 16,080 additional RSUs vest in three equal annual installments starting on a 2027 date when the compensation committee certifies that specified performance metrics are achieved. Up to 20,100 RSUs vest on a 2029 date when the committee certifies that further performance metrics are achieved, in each case subject to Reagan’s continued employment through the applicable vesting dates.

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

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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^*

REAGAN PATRAIC

(Last) (First) (Middle)

500 ELDORADO BLVD

BLDG. 5

(Street)

BROOMFIELD CO 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/10/2026		A		44,222(1)	A	$0	89,594	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents 44,222 restricted stock units (RSUs) granted to the reporting person under the issuer's 2020 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest as follows: (i) 8,042 of the RSUs vest in three equal annual installments on March 10, 2027, March 10, 2028 and March 10, 2029, (ii) up to 16,080 of the RSUs vest in three equal annual installments beginning on the date in 2027 that the issuer's compensation committee certifies that certain performance metrics are achieved and (iii) up to 20,100 of the RSUs vest on the date in 2029 that the issuer's compensation committee certifies that certain performance metrics are achieved, provided, in each case, that the reporting person remains employed by the issuer as of each applicable vesting date.

Remarks:

	/s/Sara Hoverstock, Attorney-in-Fact	03/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Crocs (CROX) report for CFO Patraic Reagan?

Crocs reported that EVP and CFO Patraic Reagan received a grant of 44,222 restricted stock units. These RSUs were awarded under the 2020 Equity Incentive Plan and increase his direct holdings to 89,594 share-equivalents, subject to multi-year time-based and performance-based vesting conditions.

How many Crocs RSUs were granted to CFO Patraic Reagan and under which plan?

Patraic Reagan was granted 44,222 restricted stock units of Crocs common stock. The grant was made under Crocs’ 2020 Equity Incentive Plan and consists of both time-based and performance-based RSUs, each with specific vesting schedules tied to future dates and performance certification.

What are the vesting terms for Patraic Reagan’s Crocs RSU award?

8,042 RSUs vest in three equal annual installments on March 10, 2027, 2028 and 2029. Up to 16,080 RSUs vest in three annual installments beginning on a 2027 certification date, and up to 20,100 vest on a 2029 certification date, all contingent on performance and continued employment.

Are Patraic Reagan’s new Crocs RSUs performance-based?

Part of the award is performance-based. Up to 16,080 RSUs vest over three years starting in 2027, and up to 20,100 vest in 2029, only after Crocs’ compensation committee certifies that specified performance metrics are achieved and Reagan remains employed through each relevant vesting date.

How did this RSU grant change Patraic Reagan’s Crocs share holdings?

Following the RSU grant, Patraic Reagan’s direct holdings increased to 89,594 shares or share-equivalents. This total reflects the newly awarded 44,222 restricted stock units, which convert to common shares only upon satisfying the stated time-based and performance-based vesting conditions in future years.