[Form 4] Deckers Outdoor Corp Insider Trading Activity

Rhea-AI Filing Summary

David Powers, a director of Deckers Outdoor Corp (DECK), reported a change in his beneficial ownership on 08/15/2025. The filing shows 15,824 shares were disposed under transaction code F (shares withheld to satisfy tax withholding) tied to the vesting of one-third of restricted stock units granted on 08/15/2022 and 08/15/2023. After the withholding, Mr. Powers is reported to beneficially own 151,587 shares. The filing also notes forfeitures of restricted stock units and long-term performance awards granted on 08/15/2023 in connection with his retirement. The Form 4 was signed on behalf of Mr. Powers by an attorney-in-fact on 08/19/2025.

Positive

• Timely and clear Section 16 reporting showing the disposition and remaining beneficial ownership
• Explanation provided that shares were withheld for tax obligations tied to RSU vesting, clarifying the nature of the transaction
• Disclosure of forfeitures related to retirement, which enhances transparency around executive compensation changes

Negative

• Reduction in reported holdings by 15,824 shares which decreases the director's direct stake to 151,587 shares
• Forfeiture of 2023 RSUs and performance awards related to retirement, indicating a change in long-term incentive realization

Insights

Securities Analyst

TL;DR: Routine tax-withholding disposition of vested RSUs; reduces reported shares but reflects governance compliance and retirement-related award adjustments.

The Form 4 discloses a standard withholding action (code F) for tax obligations when RSUs vested, resulting in a reported disposition of 15,824 shares on 08/15/2025. The post-transaction beneficial ownership is 151,587 shares. The filing explicitly states forfeitures of awards from 08/15/2023 tied to Mr. Powers' retirement, which may modestly affect his long-term equity exposure. The disclosure is precise and timely, executed by an attorney-in-fact, indicating procedural adherence to Section 16 reporting rules.

Corporate Governance Expert

TL;DR: Clear insider reporting of RSU vesting and tax-withholding; retirement-related forfeitures are documented.

The filing provides transparent details on the mechanics behind the share reduction: shares were withheld to satisfy tax withholding for vested RSUs granted in 2022 and 2023. It also documents forfeitures of RSUs and performance awards granted 08/15/2023 due to retirement, which is an important governance disclosure regarding executive compensation outcomes. All required information appears included and the Form 4 was duly signed by an authorized representative.

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
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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^*

Powers David

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		15,824	D	$0	151,587(2)	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 and August 15, 2023 pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan.

2. Reflects forfeitures of restricted stock units and long-term performance based awards granted on August 15, 2023 in connection with Mr. Powers' retirement.

Remarks:

	/s/ Lisa Bereda for David Powers 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.

FAQ

What transaction did David Powers report on Form 4 for DECK?

The Form 4 reports a disposition of 15,824 shares on 08/15/2025 under transaction code F (shares withheld to satisfy tax withholding for vested RSUs).

How many Deckers (DECK) shares does David Powers beneficially own after the transaction?

Following the reported transaction, Mr. Powers is shown to beneficially own 151,587 shares.

Why were the 15,824 shares disposed of according to the filing?

The filing states the shares were withheld and not issued to satisfy tax withholding obligations arising from the vesting of one-third of restricted stock units granted on 08/15/2022 and 08/15/2023.

Did the filing note any changes related to awards or retirement?

Yes, the filing reflects forfeitures of restricted stock units and long-term performance based awards granted on 08/15/2023 in connection with Mr. Powers' retirement.

Who signed the Form 4 and when was it signed?

The Form 4 was signed on behalf of David Powers by Lisa Bereda as Attorney in Fact on 08/19/2025.