Deckers Outdoor (NYSE: DECK) exec shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Deckers Outdoor Corp executive Anne Spangenberg reported a tax-withholding disposition of 7,623 shares of common stock tied to performance-based restricted stock unit vesting. The shares were withheld to cover tax obligations when long-term incentive LTIP Performance RSUs vested and were certified, leaving her holding 72,953 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Spangenberg Anne
Role
President, Fashion Lifestyle
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 7,623 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 72,953 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 7,623 shares
Shares held after transaction: 72,953 shares
Vesting date: March 31, 2026
+2 more
5 metrics
Tax-withheld shares
7,623 shares
Shares withheld to satisfy tax obligations on RSU vesting
Shares held after transaction
72,953 shares
Direct common stock holdings after tax-withholding disposition
Vesting date
March 31, 2026
Vesting of LTIP Performance RSUs
Certification date
May 20, 2026
Compensation Committee certification of performance conditions
Grant date of LTIP RSUs
August 15, 2023
Original grant date of long-term incentive Performance RSUs
Key Terms
long-term incentive performance-based restricted stock units, LTIP Performance RSUs, tax withholding obligations, 2015 Stock Incentive Plan, +1 more
5 terms
long-term incentive performance-based restricted stock units financial
"vesting on March 31, 2026 of the long-term incentive performance-based restricted stock units (LTIP Performance RSUs)"
LTIP Performance RSUs financial
"Shares underlying the LTIP Performance RSUs were issued upon Compensation Committee certification"
tax withholding obligations financial
"withheld and not issued ... to satisfy certain tax withholding obligations incident to the vesting"
2015 Stock Incentive Plan financial
"previously granted ... pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan"
Compensation Committee certification financial
"issued upon Compensation Committee certification of the achievement of performance vesting conditions"
FAQ
What insider transaction did DECKERS OUTDOOR CORP (DECK) report for Anne Spangenberg?
Anne Spangenberg reported a disposition of 7,623 common shares. The shares were withheld by the company to satisfy tax obligations related to the vesting of long-term incentive performance-based restricted stock units granted in August 2023.
Was the DECK Form 4 transaction an open-market sale by Anne Spangenberg?
No, it was not an open-market sale. The 7,623 shares were withheld by the company to cover tax withholding obligations triggered by the vesting of LTIP Performance RSUs, rather than shares being sold into the market.
What equity plan governs the LTIP Performance RSUs mentioned in the DECK Form 4?
The LTIP Performance RSUs were granted under the Deckers Outdoor Corporation 2015 Stock Incentive Plan. These performance-based restricted stock units vested based on certified performance conditions, leading to share issuance and related tax-withholding share disposition.