Deckers (DECK) Chief Supply Chain Officer Receives Time-Based and Performance RSUs
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
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
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.
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