Crocs (NASDAQ: CROX) EVP has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crocs, Inc. executive Terence Reilly reported a routine tax-related share disposition. On the reported date, 7,820 shares of Crocs common stock were withheld by the company at $100.14 per share to cover tax withholding obligations triggered by the vesting of a restricted stock unit award. This was not an open-market trade but an issuer withholding mechanism. After this non-market transaction, Reilly directly owned 104,531 shares of Crocs common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
REILLY TERENCE
Role
EVP, Chief Brand Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,820 | $100.14 | $783K |
Holdings After Transaction:
Common Stock — 104,531 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 7,820 shares
Withholding price per share: $100.14 per share
Shares owned after transaction: 104,531 shares
+2 more
5 metrics
Shares withheld for taxes
7,820 shares
Withheld to cover tax obligations on vested RSU award
Withholding price per share
$100.14 per share
Value used for tax-withholding disposition
Shares owned after transaction
104,531 shares
Directly owned Crocs common stock following tax withholding
Transaction code
F
Payment of tax liability by delivering securities
Tax-withholding shares count
7,820 shares
Reported as taxWithholdingShares in transaction summary
Key Terms
restricted stock unit award, tax withholding obligations, Common Stock, tax-withholding disposition
4 terms
restricted stock unit award financial
"upon vesting of a restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax withholding obligations financial
"to cover tax withholding obligations upon vesting"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Crocs (CROX) executive Terence Reilly report in this Form 4?
Crocs executive Terence Reilly reported a tax-related share disposition. The company withheld 7,820 common shares at $100.14 each to satisfy tax obligations on a vested restricted stock unit award, leaving him with 104,531 directly owned shares afterward.
What does transaction code F mean in the Crocs (CROX) Form 4 for Terence Reilly?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 7,820 Crocs common shares were withheld by the issuer to cover tax withholding obligations when a restricted stock unit award vested for executive Terence Reilly.