STOCK TITAN

Deckers CAO reports RSU grants and tax withholding

Thomas Garcia, Deckers Outdoor’s Chief Administrative Officer, reported equity compensation changes on August 15, 2025.

(Neutral)
(Neutral)
Form Type
4

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 Garcia Thomas
Role Chief Administrative Officer
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
Holdings After Transaction: Common Stock — 60,062 shares (Direct); Common Stock (Long-Term Incentive Performance-Based RSUs) — 77,386 shares (Direct)
Footnotes (4)
  1. 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.
  2. 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.
  3. F3. Refer to Exhibit 99 for additional information.
  4. F4. The amounts listed are the maximum number of LTIP Performance RSUs that may vest.
Tax-withheld shares 2,576 shares Common stock withheld on 2025-08-15 to satisfy tax obligations
Common stock grant 5,827 shares Non-derivative common stock granted on 2025-08-15
Performance RSU grant 17,324 RSUs Long-Term Incentive Performance-Based RSUs granted on 2025-08-15
Common shares held 60,062 shares Canonical post-transaction direct holding of common stock
Performance RSUs held 77,386 RSUs Post-transaction balance of LTIP Performance RSUs
Time-based RSU vesting 33.33% / 33.33% / 33.34% Tranches vesting on 8/15/2026, 8/15/2027, 8/15/2028, subject to service
Time-Based Restricted Stock Units financial
"The Time-Based Restricted Stock Units (the Time-Based RSUs) were granted"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
Long-Term Incentive Performance-Based RSUs financial
"Common Stock (Long-Term Incentive Performance-Based RSUs)"
2015 Stock Incentive Plan financial
"previously granted to the Reporting Person ... pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan"
continuous service requirements financial
"subject to the satisfaction of continuous service requirements"

FAQ

What transactions did DECK’s Thomas Garcia report on August 15, 2025?

Thomas Garcia reported tax-withholding of 2,576 common shares and grants of 5,827 common shares plus 17,324 performance-based RSUs. These are compensation-related entries rather than open-market trades, updating his common stock and RSU holdings.

How many DECK common shares does Thomas Garcia hold after this Form 4?

After these transactions, Thomas Garcia holds 60,062 Deckers Outdoor common shares directly. This canonical post-transaction balance reflects equity retained following tax withholding and new stock grants, separate from his performance-based RSU awards.

What performance-based RSUs did DECK’s CAO report on this Form 4?

Garcia received 17,324 Long-Term Incentive Performance-Based RSUs, with a reported post-transaction balance of 77,386 such RSUs. The filing notes that the amounts listed represent the maximum number of performance RSUs that may ultimately vest under plan conditions.

How do DECK’s time-based RSUs for Thomas Garcia vest?

The filing describes Time-Based RSUs that vest 33.33% on 8/15/2026, 33.33% on 8/15/2027, and 33.34% on 8/15/2028. Vesting is subject to continuous service, and earned RSUs are settled in Deckers Outdoor common stock upon vesting.

Was Garcia’s DECK Form 4 a market sale or tax withholding event?

It shows a tax-withholding disposition (code F), not an open-market sale. On August 15, 2025, 2,576 common shares were withheld and not issued to Garcia to satisfy tax obligations triggered by the vesting of previously granted restricted stock units.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing 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
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*
Garcia Thomas

(Last) (First) (Middle)
250 COROMAR DRIVE

(Street)
GOLETA CA 93117

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DECKERS OUTDOOR CORP [ DECK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Administrative Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
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(1) 08/15/2025 F 2,576 D $0 54,235 D
Common Stock(2) 08/15/2025 A 5,827 A $0 60,062 D
Common Stock (Long-Term Incentive Performance-Based RSUs)(3) 08/15/2025 A 17,324(4) A $0 77,386 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. 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.
2. 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.
3. Refer to Exhibit 99 for additional information.
4. The amounts listed are the maximum number of LTIP Performance RSUs that may vest.
Remarks:
/s/ Lisa Bereda for Thomas Garcia as Attorney in Fact 08/19/2025
** 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.

Keep reading