Deckers (NYSE: DECK) director Nelson Chan receives 359-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chan Nelson reported acquisition or exercise transactions in this Form 4 filing.
Deckers Outdoor director Nelson Chan received a stock grant under the company’s board compensation plan. On this Form 4, Chan was awarded 359 shares of common stock at no cash cost, increasing his directly held stake to 62,863 shares following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chan Nelson
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 359 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 62,863 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did DECK director Nelson Chan report on this Form 4?
Director Nelson Chan reported receiving a grant of 359 shares of Deckers Outdoor common stock. The shares were issued at no cash cost as part of the company’s Board of Directors compensation plan, increasing his reported direct holdings to 62,863 shares after the award.
Was Nelson Chan’s DECK stock transaction a purchase or a grant?
The transaction was a stock grant, not a market purchase. The Form 4 shows code “A” for a grant, award, or other acquisition, with a price per share of $0.0000, indicating shares issued under Deckers Outdoor’s Board of Directors compensation plan rather than bought in the market.
What does the footnote in Nelson Chan’s DECK Form 4 explain?
The footnote explains that the 359 shares were issued quarterly under the company’s Compensation Plan for the Board of Directors. This clarifies that the award is routine director compensation, not a discretionary open-market trade, and is part of Deckers Outdoor’s established governance framework.
Does Deckers Outdoor receive cash from this Form 4 stock grant to Nelson Chan?
No cash is involved in this grant to Nelson Chan. The transaction price is reported as $0.0000 per share, indicating the shares were issued as part of the Board of Directors compensation plan. It reflects non-cash equity compensation rather than a capital-raising stock sale.
Is Nelson Chan’s ownership reported as direct or indirect in this DECK filing?
Nelson Chan’s ownership in this transaction is reported as direct. The Form 4 lists the ownership code as “D” and does not reference any trusts, partnerships, or other entities, meaning the 62,863 shares after the grant are held directly in his name.