Deckers CAO reports RSU grants and tax withholding
Thomas Garcia, Deckers Outdoor’s Chief Administrative Officer, reported equity compensation changes on August 15, 2025.
Rhea-AI Filing Summary
Thomas Garcia, Deckers Outdoor’s Chief Administrative Officer, reported equity compensation changes on August 15, 2025. The company withheld 2,576 common shares to satisfy tax obligations and granted 5,827 common shares plus 17,324 performance-based RSUs. Garcia now holds 60,062 common shares and 77,386 performance RSUs, subject to plan vesting and performance conditions.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine executive equity vesting and awards; this is compensation-related with limited immediate market impact.
The reported transactions are standard for executive compensation: tax-withheld shares from vested RSUs and new Time-Based and performance-based RSU awards. The Time-Based RSUs vest over three years (one-third annually beginning 8/15/2026) and will convert to common stock upon satisfying service conditions, while the LTIP Performance RSUs are reported at their maximum potential. These changes adjust Garcia's beneficial ownership counts but do not indicate sales or cash proceeds and therefore are unlikely to directly affect near-term liquidity or signal a change in corporate strategy.
TL;DR: Disclosure reflects standard governance practice for executive awards and proper Section 16 reporting.
The Form 4 provides clear disclosure of RSU vesting, tax withholding, and award mechanics, which aligns with good disclosure practices for insider transactions. The Time-Based RSU vesting tied to continuous service underscores retention incentives. The LTIP Performance RSUs are disclosed as maximum potential amounts and will require performance/service confirmation to vest. No departures, option exercises for cash, or sales were disclosed, suggesting no immediate governance or insider-activity concerns.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,576 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 5,827 | $0.00 | $0.00 |
| Grant/Award | Common Stock (Long-Term Incentive Performance-Based RSUs) | 17,324 | $0.00 | $0.00 |
Footnotes (4)
- F1. These shares have been withheld and not issued to the Reporting Person in order to satisfy certain tax witholding obligations incident to the vesting on August 15, 2025 of one-third of the restricted stock units previously granted to the Reporting Person on August 15, 2022, August 15, 2023 and August 15, 2024 pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan.
- F2. The Time-Based Restricted Stock Units (the Time-Based RSUs) were granted pursuant to the Issuer's 2024 Stock Incentive Plan. The Time-Based RSUs vest as to 33.33% of the underlying shares on 8/15/2026, 33.33% on 8/15/2027, and 33.34% on 8/15/2028, subject to the satisfaction of continuous service requirements. At the time that continuous service requirements cease to be met, no further vesting will occur and the remaining Time-Based RSUs will not be earned. The Time-Based RSUs will be settled in the Issuer's common stock upon satisfaction of the vesting conditions.
- F3. Refer to Exhibit 99 for additional information.
- F4. The amounts listed are the maximum number of LTIP Performance RSUs that may vest.
Key Figures
Key Terms
Time-Based Restricted Stock Units financial
Long-Term Incentive Performance-Based RSUs financial
2015 Stock Incentive Plan financial
continuous service requirements financial
FAQ
What transactions did DECK’s Thomas Garcia report on August 15, 2025?
What performance-based RSUs did DECK’s CAO report on this Form 4?
How do DECK’s time-based RSUs for Thomas Garcia vest?
Was Garcia’s DECK Form 4 a market sale or tax withholding event?
AI-generated analysis. How Rhea-AI works. Not financial advice.