[Form 4] Deckers Outdoor Corp Insider Trading Activity

Rhea-AI Filing Summary

Bonita C. Stewart, a director of Deckers Outdoor Corp (DECK), acquired 377 shares of common stock on 09/02/2025 through the companys board compensation program at no cash cost and now beneficially owns 41,778 shares. Instead of receiving physical shares, Ms. Stewart deferred receipt and accepted phantom units under Deckers deferred stock unit plan; each phantom unit represents a right to one share. The Form 4 was filed by an attorney-in-fact on behalf of Ms. Stewart and documents a routine, non-derivative grant tied to director compensation.

Insights

Financial Analyst

TL;DR: Routine director compensation; small, non-cash issuance increases insider stake modestly without affecting liquidity.

The reported transaction is a standard quarterly board compensation issuance of 377 shares to a director, executed as deferred/phantom units with a $0 cash price. This increases Ms. Stewarts beneficial holdings to 41,778 shares. The grant is non-derivative and non-cash, so it does not immediately dilute outstanding shares nor affect company cash flows. For investors, this is a governance/compensation disclosure rather than a signal of material operational change.

Corporate Governance Expert

TL;DR: Typical governance disclosure showing use of deferred stock units for director pay; aligns director incentives with shareholders.

Deckers used its deferred stock unit plan to satisfy board compensation obligations, converting a share award into phantom units that vest into one-for-one share rights. Such arrangements are common to align directors with long-term performance while deferring share delivery. The filing was signed by an attorney-in-fact and reports no sale or cash transaction. This is a routine compliance filing under Section 16.

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

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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^*

Stewart Bonita C.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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	09/02/2025		A		377(1)(2)	A	$0	41,778	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. Quarterly shares issued pursuant to the Compensation Plan for the Company's Board of Directors.

2. 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.

Remarks:

	/s/ Lisa Bereda for Bonita C. Stewart as Attorney in Fact	09/04/2025
	** 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.
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