[Form 4] Deckers Outdoor Corp Insider Trading Activity

Rhea-AI Filing Summary

Angela Ogbechie, Chief Supply Chain Officer of Deckers Outdoor Corporation (DECK), reported changes in her beneficial ownership on 08/15/2025. The filing shows 1,504 common shares were withheld to satisfy tax withholding related to the vesting of previously granted restricted stock units. On the same date she was granted 4,273 Time-Based Restricted Stock Units that vest in three equal tranches on 08/15/2026, 08/15/2027, and 08/15/2028, and 12,704 performance-based LTIP RSUs (maximum potential payout) subject to performance conditions. Post-transaction beneficial ownership figures reported are 18,476, 22,749, and 35,453 shares for the respective line items. The Form 4 was signed by an attorney-in-fact on 08/19/2025.

Positive

• New equity grants (4,273 Time-Based RSUs and up to 12,704 Performance RSUs) align executive incentives with shareholder value
• Structured vesting over multi-year periods supports retention (Time-Based RSUs vest 33.33%/33.33%/33.34%)

Negative

• 1,504 shares withheld to satisfy tax obligations reduced the immediate net share issuance to the reporting person
• Performance criteria not disclosed in the Form 4; the actual payout for the 12,704 LTIP RSUs depends on Exhibit 99 details

Insights

Corporate Governance Expert

TL;DR Insider received standard time-based and performance equity grants while some vested RSUs were withheld for taxes; routine executive compensation activity.

These transactions reflect common compensation mechanics: tax-withholding on vested restricted stock and new grants aimed at aligning executive incentives with shareholder outcomes. The Time-Based RSUs vest over three years contingent on continued service. The performance RSUs list the maximum potential units but the filing references an exhibit for further details on performance metrics, so the materiality of the performance award depends on criteria not contained in this Form 4.

Compensation Analyst

TL;DR Grants total 16,977 RSUs (time-based plus maximum LTIP) with staggered vesting and tax withholding; typical retention-oriented package.

The filing reports 4,273 Time-Based RSUs and up to 12,704 LTIP performance RSUs awarded on 08/15/2025, and 1,504 shares withheld from vested RSUs to satisfy taxes. Time-Based RSUs settle in common stock upon vesting. Without the LTIP performance criteria (provided in Exhibit 99), the payout probability and potential dilution cannot be assessed from this Form 4 alone.

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
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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^*

Ogbechie Angela

(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 Supply Chain 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		1,504	D	$0	18,476	D
Common Stock(2)	08/15/2025		A		4,273	A	$0	22,749	D
Common Stock (Long-Term Incentive Performance-Based RSUs)(3)	08/15/2025		A		12,704(4)	A	$0	35,453	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 Angela Ogbechie 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.

FAQ

Who filed the Form 4 for DECK and what is their role?

The reporting person is Angela Ogbechie, the company's Chief Supply Chain Officer.

What transactions were reported on the DECK Form 4 dated 08/15/2025?

The Form 4 reports 1,504 shares withheld for tax withholding, 4,273 Time-Based RSUs granted, and 12,704 LTIP performance RSUs (maximum) granted on 08/15/2025.

How do the Time-Based RSUs vest according to the filing?

Time-Based RSUs vest 33.33% on 08/15/2026, 33.33% on 08/15/2027, and 33.34% on 08/15/2028, subject to continuous service requirements.

What are the reported beneficial ownership totals after these transactions?

Post-transaction beneficial ownership amounts reported in the Form 4 are 18,476, 22,749, and 35,453 shares for the respective line items.

When was the Form 4 signed and by whom?

The Form 4 was signed on 08/19/2025 by Lisa Bereda as attorney-in-fact for Angela Ogbechie.