STOCK TITAN

Deckers exec awarded RSUs, shares withheld for taxes

DECKERS OUTDOOR CORP executive Marco Ellerker, President, Global Marketplace, reported equity compensation changes on August 15, 2025.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DECKERS OUTDOOR CORP executive Marco Ellerker, President, Global Marketplace, reported equity compensation changes on August 15, 2025. 1,043 common shares were withheld to satisfy tax obligations as earlier RSUs vested, while he received 3,885 common shares and 11,548 Long-Term Incentive Performance-based RSUs, the maximum that may vest. He now directly holds 30,736 common shares and 42,284 performance RSUs, with additional time-based RSUs vesting annually from 2026 through 2028, settling in common stock when vesting conditions are met.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine equity compensation vesting and tax withholding increased reported beneficial ownership; not an unusual trading signal.

This Form 4 shows standard executive equity plan mechanics: tax-withholding via share retention, grant recognition of Time-Based RSUs and performance LTIP RSUs. The 11,548 LTIP RSUs are disclosed as maximum potential vesting; actual shares depend on performance and continued service. The transactions are compensation-related rather than open-market buys or sells, so they primarily reflect incentive alignment rather than directional insider trading.

TL;DR: Disclosure aligns with customary governance practices for executive compensation and transparency.

The filing documents standard disclosure for restricted stock unit vesting and tax withholding. The Time-Based RSUs include clear vesting dates and service conditions; the LTIP RSUs note maximum potential amounts and reference an exhibit for details. Signature by an attorney-in-fact is properly noted. No governance red flags or departures from typical equity-award reporting are evident in the text provided.

Insider Ellerker Marco
Role President, Global Marketplace
Type Security Shares Price Value
Exercise Price or Tax Liability Common Stock 1,043 $0.00 $0.00
Grant/Award Common Stock 3,885 $0.00 $0.00
Grant/Award Common Stock (Long-Term Incentive Performance-Based RSUs) 11,548 $0.00 $0.00
Holdings After Transaction: Common Stock — 30,736 shares (Direct); Common Stock (Long-Term Incentive Performance-Based RSUs) — 42,284 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 1,043 shares Common stock withheld on August 15, 2025 to satisfy tax obligations on RSU vesting
Common shares granted 3,885 shares Non-derivative grant/award of common stock on August 15, 2025
LTIP Performance RSUs granted 11,548 units Maximum number of Long-Term Incentive Performance-based RSUs granted on August 15, 2025
LTIP Performance RSUs holding 42,284 units Total performance-based RSUs reported as outstanding after the August 15, 2025 grant
Common stock holding 30,736 shares Canonical post-transaction direct holding of Deckers Outdoor common stock
Time-based RSU vesting 2026 33.33% Portion of underlying shares vesting on 8/15/2026 under the 2024 Stock Incentive Plan
Time-based RSU vesting 2027 33.33% Portion of underlying shares vesting on 8/15/2027 under the 2024 Stock Incentive Plan
Time-based RSU vesting 2028 33.34% Final portion of underlying shares vesting on 8/15/2028 under the 2024 Stock Incentive Plan
restricted stock units financial
"These shares have been withheld and not issued ... incident to the vesting ... of the restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long-Term Incentive Performance RSUs financial
"The amounts listed are the maximum number of LTIP Performance RSUs that may vest."
Stock Incentive Plan financial
"previously granted ... pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
continuous service requirements financial
"subject to the satisfaction of continuous service requirements."
Time-Based Restricted Stock Units financial
"The Time-Based Restricted Stock Units (the Time-Based RSUs) were granted pursuant to the Issuer's 2024 Stock Incentive Plan."
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.

FAQ

What insider transactions did DECK (Deckers Outdoor) report for Marco Ellerker?

On August 15, 2025, Marco Ellerker had 1,043 shares of common stock withheld for tax obligations and received 3,885 common shares plus 11,548 Long-Term Incentive Performance-based RSUs, representing the maximum number that may vest under the company’s incentive plans.

How many DECK (Deckers Outdoor) common shares does Marco Ellerker hold after these transactions?

Following the reported transactions, Marco Ellerker directly holds 30,736 shares of Deckers Outdoor common stock. This figure reflects his post-transaction balance and is reported as his direct ownership position in the company’s common equity.

Why were 1,043 DECK (Deckers Outdoor) shares withheld from Marco Ellerker?

The 1,043 shares were withheld and not issued to Marco Ellerker to satisfy tax-withholding obligations tied to the vesting, on August 15, 2025, of one-third of restricted stock units previously granted under the Deckers Outdoor Corporation 2015 Stock Incentive Plan.

What are the vesting terms for Marco Ellerker’s time-based RSUs at DECK?

The time-based RSUs granted under Deckers’ 2024 Stock Incentive Plan vest 33.33% of underlying shares on 8/15/2026, 33.33% on 8/15/2027, and 33.34% on 8/15/2028, subject to continuous service, and are settled in common stock upon vesting.

How many performance-based RSUs does Marco Ellerker hold at DECK after the grant?

After receiving 11,548 Long-Term Incentive Performance-based RSUs on August 15, 2025, Marco Ellerker holds 42,284 such performance RSUs. Footnotes clarify these amounts represent the maximum number of LTIP Performance RSUs that may ultimately vest.

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

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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*
Ellerker Marco

(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)
President, Global Marketplace
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 1,043 D $0 26,851 D
Common Stock(2) 08/15/2025 A 3,885 A $0 30,736 D
Common Stock (Long-Term Incentive Performance-Based RSUs)(3) 08/15/2025 A 11,548(4) A $0 42,284 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 Marco Ellerker 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.

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