Deckers (DECK) Director Granted 377 Shares as Board Compensation
Rhea-AI Filing Summary
David A. Burwick, a director of Deckers Outdoor Corp (DECK), received 377 shares of common stock as quarterly board compensation. The transaction was reported with an effective date of 09/02/2025 and filed 09/04/2025. The shares were issued at no cash price ($0) under the company’s compensation plan for board members, bringing Mr. Burwick’s direct beneficial ownership to 12,755 shares following the issuance. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Burwick.
Positive
- Timely disclosure of director stock issuance under the board compensation plan
- Shares issued without cash as part of standard compensation, simplifying record-keeping
- Director holdings updated to reflect 12,755 shares after the issuance
Negative
- None.
Insights
TL;DR: Routine director compensation issuance; small ownership change, no cash paid.
The Form 4 documents a standard issuance of 377 common shares to a director under the board compensation plan. The issuance is non-cash (price reported as $0) and increases the director’s direct holdings to 12,755 shares. This is a recurring, non-material equity grant typical for board compensation and does not indicate a change in company operations or financial performance.
TL;DR: Governance-normal grant; properly reported and signed by attorney-in-fact.
The filing shows timely disclosure of a quarterly equity award to a director with transaction date 09/02/2025 and signature dated 09/04/2025. The explanation states the shares were issued pursuant to the board compensation plan. Documentation appears procedural and consistent with Section 16 reporting obligations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 377 | $0.00 | -- |
Footnotes (1)
- [object Object]