Director Luis Victor receives 644 DECK shares via LLC compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Luis Victor reported acquisition or exercise transactions in this Form 4 filing.
Deckers Outdoor director Luis Victor, through an LLC he manages, received an award of 644 shares of common stock. The shares were granted with a stated price of $0.00 per share, reflecting equity compensation rather than a market purchase.
After this grant, the LLC’s indirect holdings reported for Victor increased to 18,363 common shares. Footnotes explain the grant is part of the company’s Board compensation plan, including 285 shares issued instead of a quarterly cash retainer of $33,750.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Luis Victor
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 644 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,363 shares (Indirect, LLC Managed by Filer)
Footnotes (1)
- Quarterly shares issued pursuant to the Compensation Plan for the Company's Board of Directors. 285 shares issued in lieu of quarterly Board cash retainer of $33,750 pursuant to the Compensation Plan for the Company's Board of Directors.
FAQ
What did Deckers Outdoor (DECK) director Luis Victor report on this Form 4?
Director Luis Victor reported an acquisition of 644 shares of Deckers Outdoor common stock. The shares were granted at $0.00 per share as part of Board compensation and are held indirectly through an LLC he manages.
Was the Deckers Outdoor (DECK) Form 4 transaction a market purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The Form 4 describes it as a grant or award at $0.00 per share, issued under the company’s Board compensation plan, including shares in lieu of a cash retainer.
What portion of Luis Victor’s Deckers Outdoor (DECK) grant replaced cash compensation?
Footnotes state that 285 shares were issued instead of a quarterly Board cash retainer of $33,750. This means a portion of Victor’s normal cash compensation was delivered as Deckers Outdoor stock, aligning director pay partly with equity.
How is Luis Victor’s ownership in Deckers Outdoor (DECK) characterized on the Form 4?
The Form 4 reports indirect ownership coded as “I,” with the nature of ownership described as an LLC managed by the filer. This indicates the reported shares are held through a managed LLC rather than directly in Victor’s personal brokerage account.