Fossil Group (NASDAQ: FOSL) CFO receives stock units as 33,869 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fossil Group, Inc. CFO Randy J. Greben received a compensation-related grant of performance stock units that can settle in common shares over time based on vesting and performance conditions. On the same date, 33,869 common shares were withheld at $5.40 per share to cover tax obligations, which is not an open‑market sale. After these transactions, he directly holds 165,112 common shares and 295,000 performance and restricted stock units, including 100,000 restricted stock units that remain subject to a vesting schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Greben Randy J
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 225,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 33,869 | $5.40 | $183K |
Holdings After Transaction:
Performance Stock Units — 295,000 shares (Direct);
Common Stock — 165,112 shares (Direct)
Footnotes (1)
- Includes 100,000 Restricted Stock Units subject to a vesting schedule. Each performance restricted stock unit (PRSU) represents a contingent right to receive one share of Fossil Group, Inc. (the Issuer) common stock (the Common Stock). On April 15, 2026, the Issuer granted 150,000 PRSUs to the reporting person under the Issuers 2024 Long-Term Incentive Plan. These PRSUs will vest into shares of Common Stock of the Issuer on a 1-for-1 basis yearly, in three equal installments. Each yearly vest is subject to an increase in the number of shares to be issued based on the average fair market value of a share of the Common Stock over the last thirty consecutive trading days of the most recent calendar year prior to the vesting date. If the average fair market value is between $4.25 to $5.99, the number of shares to be issued upon an annual vesting of PRSUs will be increased by 20%. If the average fair market value is between $6.00 and $7.74, the number of shares to be issued upon an annual vesting of PRSUs will be increased by 30%. If the average fair market value is $7.75 or above, the number of shares issued upon an annual vesting of PRSUs will be increased by 50%.
Key Figures
Tax-withheld shares: 33,869 shares
Tax withholding price: $5.40 per share
Common shares after transaction: 165,112 shares
+2 more
5 metrics
Tax-withheld shares
33,869 shares
Common stock delivered for tax liability on April 15, 2026
Tax withholding price
$5.40 per share
Value assigned to the 33,869 shares withheld for taxes
Common shares after transaction
165,112 shares
Directly held by CFO Randy J. Greben after reported events
Equity units after transaction
295,000 units
Total performance and restricted stock units held following grant
Restricted Stock Units included
100,000 RSUs
Part of holdings, subject to a vesting schedule
Key Terms
Performance Stock Units, Restricted Stock Units, performance restricted stock unit (PRSU), tax-withholding disposition, +1 more
5 terms
Performance Stock Units financial
"security_title: "Performance Stock Units""
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Restricted Stock Units financial
"Includes 100,000 Restricted Stock Units subject to a vesting schedule."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance restricted stock unit (PRSU) financial
"Each performance restricted stock unit (PRSU) represents a contingent right to receive one share"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Long-Term Incentive Plan financial
"granted ... under the Issuers 2024 Long-Term Incentive Plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
FAQ
What insider transactions did Fossil Group (FOSL) report for CFO Randy Greben?
Fossil Group reported a grant of performance stock units to CFO Randy J. Greben and the withholding of 33,869 common shares at $5.40 per share to satisfy tax obligations related to equity compensation on April 15, 2026.
What are CFO Randy Greben’s Fossil Group (FOSL) holdings after this Form 4?
Following the reported transactions, CFO Randy J. Greben directly holds 165,112 shares of Fossil Group common stock and 295,000 performance and restricted stock units, which include 100,000 restricted stock units that remain subject to a time-based vesting schedule.
How do the Fossil Group (FOSL) performance restricted stock units work for the CFO?
Each performance restricted stock unit represents a contingent right to receive one Fossil Group common share. Vesting occurs in three equal yearly installments, with the number of shares issued potentially increasing based on the average fair market value over the prior calendar year.