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[Form 4] Deckers Outdoor Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Robin Spring-Green, President, Hoka at Deckers Outdoor Corp (DECK), reported insider transactions on 08/15/2025. The filing shows 351 common shares were withheld to satisfy tax withholding on vested restricted stock units, leaving the reporting person with 19,657 shares beneficially owned. On the same date the reporting person was awarded 5,827 Time-Based Restricted Stock Units that vest in three equal installments in 2026, 2027 and 2028, and 17,324 Long-Term Incentive Performance-Based RSUs (maximum potential vesting), resulting in 42,808 total shares beneficially owned if all awards vest. The Time-Based RSUs will settle in common stock subject to continuous service requirements.

Positive

  • Receipt of equity awards: The reporting person was granted 5,827 Time-Based RSUs and 17,324 Performance LTIP RSUs (maximum), aligning compensation with long-term performance
  • Clear vesting schedule: Time-Based RSUs vest in three installments on 08/15/2026, 08/15/2027, and 08/15/2028, subject to service, providing retention incentives

Negative

  • None.

Insights

TL;DR: Routine insider equity awards and tax-withholding on vested RSUs; not a trading sale or purchase for cash.

The Form 4 reflects standard executive compensation actions: a small number of vested shares were withheld (351) to cover taxes, and the executive received newly granted Time-Based RSUs (5,827) and Performance LTIP RSUs (17,324 maximum). These awards increase potential future equity dilution if they vest but represent compensation rather than market-sale activity. The Time-Based RSUs vest over 2026-2028 conditional on service; Performance RSUs are subject to performance metrics per Exhibit 99. There is no cash purchase or sale disclosed.

TL;DR: Compensation-driven issuance; implications are governance and alignment, not an adverse event.

The transactions are compensation-related and comply with typical equity incentive plan mechanics: tax-withholding on vesting and grant of both time-based and performance-based awards. The filing documents direct beneficial ownership increases contingent on future vesting and performance outcomes. From a governance standpoint, these actions are customary for senior management and signal retention and performance alignment, with details of performance criteria referenced in an exhibit rather than in-line.

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
Estimated average burden
hours per response: 0.5
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*
Spring-Green Robin

(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)
President, Hoka
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 351 D $0 19,657 D
Common Stock(2) 08/15/2025 A 5,827 A $0 25,484 D
Common Stock (Long-Term Incentive Performance-Based RSUs)(3) 08/15/2025 A 17,324(4) A $0 42,808 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. 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, 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 Robin Spring-Green 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.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did DECK insider Robin Spring-Green report on Form 4?

The Form 4 reports 351 shares withheld for tax on vested RSUs, grant of 5,827 Time-Based RSUs, and grant of up to 17,324 Performance LTIP RSUs on 08/15/2025.

How many shares does Robin Spring-Green beneficially own after the reported transactions?

The filing shows 19,657 shares beneficially owned following withholding and a potential 42,808 shares if the granted awards fully vest.

When do the Time-Based RSUs awarded to DECK executive vest?

The Time-Based RSUs vest as to 33.33% on 08/15/2026, 33.33% on 08/15/2027, and 33.34% on 08/15/2028, subject to continuous service.

Were any cash sales or open-market trades reported in this Form 4 for DECK?

No cash sales or open-market purchases are reported; the actions are tax-withholding on vested RSUs and grants of new RSUs.

Are the Performance LTIP RSUs guaranteed to vest?

No; the filing states the 17,324 Performance RSUs are the maximum that may vest and references Exhibit 99 for performance criteria.
Deckers Outdoor Corp

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Footwear & Accessories
Rubber & Plastics Footwear
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United States
GOLETA