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.
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.
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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 Trade Summary
| 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 |
Footnotes (4)
- 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.
- 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.
- F3. Refer to Exhibit 99 for additional information.
- F4. The amounts listed are the maximum number of LTIP Performance RSUs that may vest.
Key Figures
Key Terms
restricted stock units financial
Long-Term Incentive Performance RSUs financial
Stock Incentive Plan financial
continuous service requirements financial
Time-Based Restricted Stock Units financial
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.
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.