Skechers Insider Amendment: 3,000 Restricted Shares Granted and Ownership Adjustment

Rhea-AI Filing Summary

Insider awarded restricted shares and corrected prior ownership totals. The reporting person received an award of 3,000 restricted shares of Class A common stock on 05/24/2024, with one-third vesting on May 1, 2025 and the remaining shares vesting on the next two anniversaries. The amendment corrects a clerical error in earlier reporting: previously reported beneficial ownership figures were misstated as 14,000 shares and later 18,283; the corrected beneficial ownership totals are 13,500 following the award and an aggregate of 17,783 shares as of this filing.

Positive

• Correction of prior error clarifies beneficial ownership totals, improving disclosure accuracy
• Equity compensation disclosed with clear vesting schedule (one-third on May 1, 2025 and on the next two anniversaries)

Negative

• Clerical misstatements occurred in earlier filings (incorrectly reported amounts of 14,000 and 18,283), indicating prior reporting inaccuracies

Insights

Corporate Governance Expert

TL;DR: Amendment fixes reporting errors and documents a standard restricted share award with multi-year vesting.

The Form 4/A records a 3,000-share award of restricted Class A common stock to a director, with vesting in three equal annual installments beginning May 1, 2025. The amendment corrects previously misstated beneficial ownership amounts, clarifying that the reporting person beneficially owns 17,783 shares rather than earlier figures reported. From a governance perspective, the filing shows routine equity-based compensation to a director and the issuer addressing reporting accuracy via amendment.

Securities Compliance Analyst

TL;DR: Compliance update: a standard insider award plus an ownership correction; no new derivative activity disclosed.

The disclosure lists a non-derivative award (3,000 restricted shares) coded as an acquisition with $0 price reported, and no derivative transactions are shown. The amendment explicitly corrects a clerical error in previously reported beneficial ownership totals. This filing appears to resolve a reporting inaccuracy and provides the vesting schedule for the restricted shares.

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^*

Macias Yolanda

(Last) (First) (Middle)

228 MANHATTAN BEACH BLVD.

(Street)

MANHATTAN BEACH CA 90266

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SKECHERS USA INC [ SKX ]

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)
05/24/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)
05/29/2024

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
Class A Common Stock	05/24/2024		A(1)		3,000	A	$0	13,500(2)	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. Award of restricted shares of Class A Common Stock, with one-third of the shares vesting on each of May 1, 2025 and the first two anniversaries thereof.

2. This amendment is being filed to correct a clerical error in the original reporting of the amount of securities beneficially owned, which was incorrectly reported as 14,000 shares. Also, as a result of this adjustment, the reporting person beneficially owns a total of 17,783 shares as of the filing date of this Form 4/A and not 18,283 shares as reported on the most recent Form 4 filed by the reporting person on April 4, 2025.

	Yolanda Macias	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.
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 transaction did the SKX reporting person disclose on this Form 4/A?

The reporting person acquired 3,000 restricted shares of Class A common stock on 05/24/2024, reported as an award.

How do the restricted shares vest for the SKX insider?

The restricted shares vest in three equal installments: one-third on May 1, 2025 and the remaining two installments on the next two anniversaries.

What ownership correction does the amendment make?

The amendment corrects clerical errors: an earlier report misstated holdings as 14,000 and another as 18,283; the corrected beneficial ownership totals are 13,500 after the award and an aggregate of 17,783 shares as of the filing.

Were any derivative securities reported in this filing for SKX?

No derivative securities (options, warrants, convertible instruments) are reported in Table II; the filing only shows a non-derivative award.

Does this Form 4/A indicate any sale or disposition by the reporting person?

No dispositions are reported; the transaction code indicates an acquisition of restricted shares and the price is shown as $0.