Deckers (NYSE: DECK) CAO reports 96,646 shares and units
Rhea-AI Filing Summary
DECKERS OUTDOOR CORP (DECK) reported equity awards to its Chief Administrative Officer, who acquired 6,658 Time-Based Restricted Stock Units and 19,396 Long-Term Incentive Performance-Based RSUs, both at no cash price. The time-based RSUs vest in three annual tranches from August 15, 2027 through August 15, 2029, subject to continuous service, and settle in common stock upon vesting. The performance-based RSU figure represents the maximum number of shares that may vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 26,054 shares
Net Buy
2 txns
Insider
Garcia Thomas
Role
Chief Administrative Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 6,658 | $0.00 | $0.00 |
| Grant/Award | Common Stock (Long-Term Incentive Performance-Based RSUs) F2, F3 | 19,396 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 77,250 shares (Direct);
Common Stock (Long-Term Incentive Performance-Based RSUs) — 96,646 shares (Direct)
Footnotes (3)
- F1. The Time-Based Restricted Stock Units (the Time-Based RSUs) were granted pursuant to the Issuer's 2024 Stock Incentive Plan. The Time-Based RSUs vest as to 33.33% of the underlying shares on 8/15/2027, 33.33% on 8/15/2028, and 33.34% on 8/15/2029, subject to the satisfaction of continuous service requirements. At the time that continuous service requirements cease to be met, no further vesting will occur and the remaining Time-Based RSUs will not be earned. The Time-Based RSUs will be settled in the Issuer's common stock upon satisfaction of the vesting conditions.
- F2. Refer to Exhibit 99 for additional information.
- F3. The amounts listed are the maximum number of LTIP Performance RSUs that may vest.
Key Figures
Time-Based RSUs granted: 6,658 shares
Time-Based RSU vesting 1: 33.33%
Time-Based RSU vesting 2: 33.33%
+4 more
7 metrics
Time-Based RSUs granted
6,658 shares
Time-Based Restricted Stock Units granted on 2026-08-17 under 2024 Stock Incentive Plan
Time-Based RSU vesting 1
33.33%
Portion of Time-Based RSUs vesting on 8/15/2027, subject to continuous service
Time-Based RSU vesting 2
33.33%
Portion of Time-Based RSUs vesting on 8/15/2028, subject to continuous service
Time-Based RSU vesting 3
33.34%
Portion of Time-Based RSUs vesting on 8/15/2029, subject to continuous service
Maximum LTIP Performance RSUs
19,396 shares
Maximum number of Long-Term Incentive Performance-Based RSUs that may vest
Holdings after Time-Based RSU grant
77,250 shares
Total direct common stock holdings following the 6,658 Time-Based RSUs grant
Holdings including maximum LTIP RSUs
96,646 shares
Total reported figure after adding maximum LTIP Performance RSUs
Key Terms
Time-Based Restricted Stock Units, Long-Term Incentive Performance-Based RSUs, continuous service requirements, 2024 Stock Incentive Plan
4 terms
Time-Based Restricted Stock Units financial
"The Time-Based Restricted Stock Units (the Time-Based RSUs) were granted"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
Long-Term Incentive Performance-Based RSUs financial
"Common Stock (Long-Term Incentive Performance-Based RSUs)"
continuous service requirements financial
"subject to the satisfaction of continuous service requirements"
2024 Stock Incentive Plan financial
"were granted pursuant to the Issuer's 2024 Stock Incentive Plan"
FAQ
What insider equity awards were reported for DECKERS OUTDOOR CORP (DECK)?
The Chief Administrative Officer received 6,658 Time-Based RSUs and up to 19,396 Long-Term Incentive Performance-Based RSUs, both granted at no cash cost and settled in DECK common stock upon vesting conditions being met.
How do the new Time-Based RSUs for DECK (DECKERS OUTDOOR CORP) vest?
The 6,658 Time-Based RSUs vest 33.33% on 8/15/2027, 33.33% on 8/15/2028, and 33.34% on 8/15/2029, provided continuous service requirements are satisfied; unvested units stop vesting if service ends.
What is the maximum number of performance-based RSUs that may vest for DECK’s officer?
The filing states that 19,396 Long-Term Incentive Performance RSUs represent the maximum number that may vest. Actual vesting will depend on satisfaction of the applicable performance conditions described in the company’s plan and exhibits.
Were the reported DECK equity awards made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and no footnote describes these awards as made under a pre-arranged Rule 10b5-1 trading plan; they are reported as equity grants, not market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
