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.
FAQ
What transaction did David A. Burwick report on Form 4 for DECK?
At what price were the DECK shares issued to the director?
How many DECK shares does David A. Burwick own after the reported transaction?
When was the Form 4 for this DECK transaction signed and filed?
Why were the shares issued to the director?