Deckers (NYSE: DECK) CFO has shares withheld to cover taxes on RSU vesting
Rhea-AI Filing Summary
Deckers Outdoor Corp Chief Financial Officer Steven J. Fasching reported a tax-related share withholding tied to vesting equity awards. On May 20, 2026, 21,944 shares of common stock were withheld and not issued to him to satisfy tax withholding obligations on long-term incentive performance-based restricted stock units that vested on March 31, 2026.
These RSUs were originally granted on August 15, 2023 and February 6, 2024 under the Deckers Outdoor Corporation 2015 Stock Incentive Plan, with shares issued upon Compensation Committee certification of performance conditions on May 20, 2026. Following this tax-withholding disposition, Fasching directly holds 144,718 shares of common stock.
Positive
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Negative
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Insights
Filing shows routine tax withholding on vested performance RSUs, not an open-market sale.
The filing describes 21,944 Deckers Outdoor Corp common shares withheld from CFO Steven J. Fasching to cover tax obligations when long-term incentive performance-based RSUs vested. The transaction is coded “F”, meaning payment of tax liability by delivering securities rather than a discretionary market trade.
The footnote clarifies these shares were never issued to him; they were withheld at vesting under the 2015 Stock Incentive Plan after the Compensation Committee certified performance results on May 20, 2026. After this event, he directly owns 144,718 shares, indicating this is a compensation-related adjustment, typically viewed as routine rather than a directional signal about the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 21,944 | $0.00 | $0.00 |
Footnotes (1)
- F1. These shares have been withheld and not issued to the Reporting Person in order to satisfy certain tax withholding obligations incident to the vesting on March 31, 2026 of the long-term incentive performance-based restricted stock units (LTIP Performance RSUs) previously granted to the Reporting Person on August 15, 2023 and February 6, 2024 pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan. Shares underlying the LTIP Performance RSUs were issued upon Compensation Committee certification of the achievement of performance vesting conditions on May 20, 2026.
Key Figures
Key Terms
long-term incentive performance-based restricted stock units (LTIP Performance RSUs) financial
tax withholding obligations financial
2015 Stock Incentive Plan financial
Compensation Committee certification financial
tax-withholding disposition financial
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