[Form 4] Deckers Outdoor Corp Insider Trading Activity

Rhea-AI Filing Summary

Deckers Outdoor Corp (DECK) insider filing by CFO Steven J. Fasching shows transactions on 08/15/2025 tied to RSU vesting and new grants. The filing reports 4,401 shares withheld and not issued to satisfy tax withholding for the vesting of one-third of previously granted restricted stock units from 2022–2024. It also reports an acquisition of 8,935 Time-Based Restricted Stock Units that vest in three equal tranches in 2026–2028 and an acquisition of up to 26,564 performance-based LTIP RSUs that may vest subject to performance and service conditions. All reported holdings are direct.

Positive

• New Time-Based RSU grant of 8,935 shares vesting 33.33% on 8/15/2026, 33.33% on 8/15/2027, and 33.34% on 8/15/2028
• Long-term incentive (LTIP) performance RSUs disclosed (26,564 maximum), aligning executive pay with future performance

Negative

• 4,401 shares withheld and not issued to satisfy tax withholding from RSU vesting, reducing the reporting person’s immediately available common shares

Insights

Financial Analyst

TL;DR Insider received compensation in the form of time-based and performance RSUs while tax-withheld shares reduced immediate share count.

The filing is typical of executive compensation activity: one-third of multi-year restricted stock units vested and shares were withheld to satisfy tax obligations, reducing outstanding direct common stock by 4,401 shares for the reporting person. New Time-Based RSUs (8,935) vest in equal tranches over 2026–2028 and add future equity-based compensation. The LTIP performance RSUs (26,564 maximum) are contingent on performance and service conditions, representing potential dilution only if earned. Overall, this is routine compensation-related insider activity with limited immediate market impact.

Corporate Governance Expert

TL;DR Transactions reflect structured executive compensation and standard tax-withholding practices; no unusual governance events disclosed.

The report documents customary equity compensation mechanics: vesting of previously granted restricted stock units, share withholding for tax, and new grants under the issuer's stock incentive plans. Timing and vesting schedules are specified for Time-Based RSUs; LTIP RSUs are disclosed as maximum potential amounts with further detail referenced in an exhibit. No resignations, option exercises, or related-party transfers are reported. From a governance perspective, these disclosures align with standard Section 16 reporting requirements and do not by themselves indicate policy or control changes.

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^*

Fasching Steven J.

(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)

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

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		4,401	D	$0	132,242	D
Common Stock(2)	08/15/2025		A		8,935	A	$0	141,177	D
Common Stock (Long-Term Incentive Performance-Based RSUs)(3)	08/15/2025		A		26,564(4)	A	$0	167,741	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. 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, August 15, 2023 and August 15, 2024 pursuant to the Deckers Outdoor Corporation 2015 Stock Incentive Plan.

2. 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 8/15/2026, 33.33% on 8/15/2027, and 33.34% on 8/15/2028, 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.

3. Refer to Exhibit 99 for additional information.

4. The amounts listed are the maximum number of LTIP Performance RSUs that may vest.

Remarks:

	/s/ Lisa Bereda for Steven Fasching 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.
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