Director Bonita C. Stewart receives 448-share DECK (DECK) board compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stewart Bonita C. reported acquisition or exercise transactions in this Form 4 filing.
DECKERS OUTDOOR CORP director Bonita C. Stewart reported a routine equity compensation award. She was granted 448 shares of common stock at a stated price of $0.00 per share under the company’s Board of Directors compensation plan.
Under DECK’s deferred stock unit plan, she deferred this award into phantom units, each representing the right to receive one share of common stock in the future. Following this grant, she is shown as beneficially owning 43,103 shares of common stock directly, so the award is small relative to her overall reported holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stewart Bonita C.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 448 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 43,103 shares (Direct, null)
Footnotes (1)
- Quarterly shares issued pursuant to the Compensation Plan for the Company's Board of Directors. Pursuant to DECK's deferred stock unit plan, Ms. Bonita Stewart deferred receipt of the shares of common stock and received instead phantom units. Each phantom unit represents a right to receive one share of common stock.
Key Figures
Equity grant size: 448 shares
Grant price per share: $0.00 per share
Total shares after transaction: 43,103 shares
+1 more
4 metrics
Equity grant size
448 shares
Board compensation award on 2026-06-01
Grant price per share
$0.00 per share
Compensation-related stock award, non-cash
Total shares after transaction
43,103 shares
Beneficially owned common stock after grant
Transaction code
A
Grant, award, or other acquisition
Key Terms
phantom units, deferred stock unit plan, Compensation Plan, Grant, award, or other acquisition
4 terms
phantom units financial
"received instead phantom units. Each phantom unit represents a right to receive one share"
Phantom units are a form of employee compensation that mimics ownership in a company without issuing real shares: recipients receive cash or stock value tied to the company’s share price or performance when the units vest. They matter to investors because phantom units align employee incentives with shareholder value while avoiding share dilution; however, they create future cash obligations and can affect a company’s financial statements and cash flow.
deferred stock unit plan financial
"Pursuant to DECK's deferred stock unit plan, Ms. Bonita Stewart deferred receipt"
A deferred stock unit plan grants employees or executives hypothetical share units that convert into actual shares or cash at a future date, often after meeting conditions like continued employment or retirement. It matters to investors because it ties pay to long-term performance and creates a future claim on the company’s stock or cash, which can dilute existing shareholders or signal management’s confidence in future value — like a delayed bonus paid in ownership.
Compensation Plan financial
"Quarterly shares issued pursuant to the Compensation Plan for the Company's Board"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did DECK (DECK) director Bonita C. Stewart report on this Form 4?
Bonita C. Stewart reported receiving an equity compensation award of 448 shares of DECKERS OUTDOOR CORP common stock. The award was issued under the company’s Board compensation plan and was structured as a non-cash grant at a stated price of $0.00 per share.
What does it mean that Bonita C. Stewart deferred her DECK stock into phantom units?
Deferring into phantom units means she chose not to immediately receive common shares. Instead, under DECK’s deferred stock unit plan, she received phantom units, with each unit representing the right to receive one share of common stock at a future time.
Is Bonita C. Stewart’s DECK Form 4 transaction a market buy or sell?
No, this Form 4 shows a grant or award acquisition, not a market buy or sell. The transaction code “A” and the $0.00 price indicate compensation-related shares, separate from open-market trading activity in DECKERS OUTDOOR CORP stock.