SKX Form 4/A: John Vandemore Corrects Ownership to 145,809 Shares After Sale

Rhea-AI Filing Summary

Skechers U.S.A., Inc. (SKX) Form 4/A shows an amendment by CFO John M. Vandemore correcting prior insider reporting. The amendment states a sale of 20,768 shares of Class A common stock on 03/01/2024 at a price of $62.33 per share. The filing corrects the previously reported beneficial ownership totals, saying the reporting person beneficially owns 145,809 shares as of the amendment filing date, replacing earlier incorrect figures (including misstated totals of 89,456 and 83,328). The amendment also notes a 70-share discrepancy the reporting person could not reconcile. The reporting person is identified as the company’s Chief Financial Officer. The form is an amendment to prior Form 4 filings.

Positive

• Correction and transparency: The amendment corrects prior clerical errors and provides updated beneficial ownership figures.
• Transaction disclosed: The sale of 20,768 shares at $62.33 is clearly reported, improving record accuracy.

Negative

• Prior misreporting: Earlier filings contained inaccurate beneficial ownership amounts (e.g., 89,456 and 83,328) requiring amendment.
• Unreconciled shares: The reporting person notes a 70-share discrepancy that could not be accounted for in the filing.

Insights

Securities Analyst

TL;DR: Amendment corrects insider ownership and reports a single disclosed sale; impact appears administrative rather than material.

The amended Form 4/A clarifies a prior clerical error in reported beneficial ownership and records a disposal of 20,768 shares at $62.33 on March 1, 2024. The corrected beneficial ownership total is 145,809 shares, which supersedes prior misstated amounts. From a securities disclosure perspective, this is primarily an accuracy and compliance update: it improves transparency about the reporting person’s holdings but does not introduce new transactions beyond the disclosed sale. The unexplained 70-share discrepancy is minor in absolute terms but appropriately disclosed in the amendment.

Corporate Governance Expert

TL;DR: The amendment reflects remediation of reporting errors; governance controls likely adjusted to correct filings.

The filing identifies the reporting person as the CFO and amends prior filings to correct beneficial ownership totals and transaction records. Accurate Section 16 reporting is important for compliance and investor transparency. Correcting previously reported totals (from 89,456 and 83,328 to 145,809) addresses material accuracy of public disclosures. The disclosure of a small unexplained 70-share difference is transparent; further reconciliation details are not provided in the filing.

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^*

Vandemore John M

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/05/2024

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	03/01/2024		F		20,768	D	$62.33	109,440(1)	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. This amendment is being filed to correct a clerical error in the amount of securities beneficially owned, which was incorrectly reported as 89,456. The amended amount also reflects amendments to transactions on March 1 and March 4, 2024 reported in a separate Form 4/A with the same filing date at this Form 4/A. As a result of these amendments and other reports filed on the same date as this Form 4/A, the reporting person beneficially owns a total of 145,809 shares as of the filing date of this Form 4/A and not 83,328 shares as reported on the most recent Form 4 filed by the reporting person on March 3, 2025. The 145,809 shares also includes a deduction of 70 shares that the reporting person is not able to account for when comparing his current holdings to the total number of shares beneficially owned that would otherwise be reported on this Form 4.

	John Vandemore	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 does the SKX Form 4/A disclose?

The amendment reports a disposal of 20,768 Class A shares on 03/01/2024 at $62.33 per share.

Who filed the Form 4/A for SKX?

The filing was made by John M. Vandemore, identified as the company’s Chief Financial Officer.

What was corrected in the amended Form 4/A?

The amendment corrects previously misstated beneficial ownership totals and updates transactions from March 1 and March 4, 2024, resulting in a reported total of 145,809 shares.

Does the Form 4/A indicate any unexplained discrepancies?

Yes. The reporting person discloses a 70-share discrepancy that he could not account for when reconciling holdings.

Is this filing a routine compliance amendment?

Yes. The Form 4/A amends prior filings to correct clerical errors and update beneficial ownership information.