STOCK TITAN

[Form 4/A] Skechers U.S.A., Inc. Amended Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A
Rhea-AI Filing Summary

Skechers U.S.A., Inc. (SKX) reporting person Zulema Garcia amended a Form 4 to disclose an award and correct prior ownership figures. The filing shows an award of 3,000 restricted Class A common shares on 05/24/2024 with a $0 price; the restricted shares vest in three equal tranches, the first on May 1, 2025 and the next two on each of the following two anniversaries. The amendment corrects a clerical error: previously reported beneficial ownership was misstated as 14,000 shares; the reporting person instead beneficially owns 16,683 shares as of this amendment filing, not the 17,183 reported earlier. The report is filed in the reporting person’s capacity as a director.

Skechers U.S.A., Inc. (SKX), la persona che segnala Zulema Garcia, ha modificato un Modulo 4 per comunicare un premio e correggere i dati di proprietà precedenti. La dichiarazione indica un premio di 3.000 azioni ordinarie Classe A vincolate con data 24/05/2024 a prezzo $0; le azioni vincolate maturano in tre tranche uguali, la prima il 1° maggio 2025 e le altre due in corrispondenza dei due anniversari successivi. La modifica rettifica un errore materiale: la titolarità beneficiaria precedentemente riportata era indicata erroneamente come 14.000 azioni; la persona che segnala possiede invece beneficiariamente 16.683 azioni alla data di questa integrazione, non le 17.183 comunicate in precedenza. Il rapporto è presentato nella veste di direttore.

Skechers U.S.A., Inc. (SKX), la informante Zulema Garcia, enmendó un Formulario 4 para revelar una concesión y corregir cifras de propiedad previas. La presentación muestra una concesión de 3.000 acciones ordinarias Clase A restringidas con fecha 24/05/2024 y precio $0; las acciones restringidas se consolidan en tres tramos iguales, el primero el 1 de mayo de 2025 y los dos siguientes en los dos aniversarios posteriores. La enmienda corrige un error clerical: la propiedad beneficiaria reportada anteriormente se consignó erróneamente como 14.000 acciones; la informante posee beneficiariamente 16.683 acciones a la fecha de esta enmienda, no las 17.183 informadas antes. El informe se presenta en su capacidad de directora.

Skechers U.S.A., Inc. (SKX)의 보고인 줄레마 가르시아가 상을 공개하고 이전 소유 수치를 정정하기 위해 Form 4를 수정했습니다. 제출서에는 2024-05-24에 가격 $0로 부여된 제한된 클래스 A 보통주 3,000주가 기재되어 있으며, 제한주는 세 번의 동일한 분할로 베스팅되며 첫 번째는 2025년 5월 1일, 나머지 두 차례는 그 다음 두 해의 기념일에 각각 베스팅됩니다. 이번 수정은 사무상 오류를 바로잡은 것으로, 이전에 보고된 수혜적 소유는 14,000주로 잘못 기재되었으나 보고인은 이 수정서 제출일 기준으로 16,683주를 수혜적으로 보유하고 있으며 이전에 보고된 17,183주는 아닙니다. 이 보고는 보고인의 이사 자격으로 제출되었습니다.

Skechers U.S.A., Inc. (SKX), la personne déclarante Zulema Garcia, a modifié un Formulaire 4 pour divulguer une attribution et corriger des chiffres de détention antérieurs. Le dépôt indique une attribution de 3 000 actions ordinaires de Classe A restreintes datée du 24/05/2024 au prix de 0 $ ; les actions restreintes acquisent des droits en trois tranches égales, la première le 1er mai 2025 et les deux suivantes aux deux anniversaires suivants. L'amendement corrige une erreur administrative : la détention bénéficiaire précédemment déclarée avait été indiquée à tort comme 14 000 actions ; la personne déclarante détient en réalité à la date de cet amendement 16 683 actions, et non les 17 183 précédemment rapportées. Le rapport est déposé en qualité de directrice.

Skechers U.S.A., Inc. (SKX) meldende Person Zulema Garcia hat ein Formular 4 geändert, um eine Zuteilung offenzulegen und frühere Besitzangaben zu korrigieren. Die Einreichung weist eine Zuteilung von 3.000 eingeschränkten Class-A-Stammaktien zum 24.05.2024 mit einem Preis von $0 aus; die eingeschränkten Aktien vesten in drei gleichen Tranchen, die erste am 1. Mai 2025 und die beiden folgenden jeweils an den beiden darauffolgenden Jahrestagen. Die Änderung korrigiert einen Schreibfehler: der zuvor gemeldete wirtschaftliche Besitz wurde fälschlich mit 14.000 Aktien angegeben; die meldende Person besitzt stattdessen wirtschaftlich 16.683 Aktien zum Zeitpunkt dieser Änderung und nicht die zuvor gemeldeten 17.183. Der Bericht wird in der Funktion als Direktor eingereicht.

Positive
  • Award of 3,000 restricted Class A common shares to the reporting director, aligning interests with shareholders
  • Clarification of ownership figures via amendment improves regulatory accuracy and transparency
Negative
  • Clerical error in prior filing required amendment, indicating prior reporting inaccuracy
  • Reported beneficial ownership lowered from previously disclosed 17,183 to 16,683 shares after correction

Insights

TL;DR: Director received 3,000 restricted shares; amendment fixes prior clerical ownership errors.

The award of restricted stock to a director is a routine compensation event aligning director incentives with shareholders. Vesting over three years indicates time-based retention rather than immediate transfer of control. The amendment corrects previously misstated beneficial ownership totals, which is important for Section 16 reporting accuracy and regulatory compliance. No derivative transactions or sales are reported. Overall, the filing signals standard governance compensation and administrative remediation of reporting errors.

TL;DR: Amendment addresses clerical misreporting; no material transfers or sales disclosed.

From a compliance perspective, timely amendment to correct the beneficial ownership amount reduces risk of penalties associated with inaccurate Section 16 filings. The reported award has a $0 price and standard vesting schedule, consistent with restricted equity grants for directors. The filing does not disclose exercises, disposals, or derivative holdings, limiting investor-impact significance to disclosure and governance transparency rather than immediate economic change.

Skechers U.S.A., Inc. (SKX), la persona che segnala Zulema Garcia, ha modificato un Modulo 4 per comunicare un premio e correggere i dati di proprietà precedenti. La dichiarazione indica un premio di 3.000 azioni ordinarie Classe A vincolate con data 24/05/2024 a prezzo $0; le azioni vincolate maturano in tre tranche uguali, la prima il 1° maggio 2025 e le altre due in corrispondenza dei due anniversari successivi. La modifica rettifica un errore materiale: la titolarità beneficiaria precedentemente riportata era indicata erroneamente come 14.000 azioni; la persona che segnala possiede invece beneficiariamente 16.683 azioni alla data di questa integrazione, non le 17.183 comunicate in precedenza. Il rapporto è presentato nella veste di direttore.

Skechers U.S.A., Inc. (SKX), la informante Zulema Garcia, enmendó un Formulario 4 para revelar una concesión y corregir cifras de propiedad previas. La presentación muestra una concesión de 3.000 acciones ordinarias Clase A restringidas con fecha 24/05/2024 y precio $0; las acciones restringidas se consolidan en tres tramos iguales, el primero el 1 de mayo de 2025 y los dos siguientes en los dos aniversarios posteriores. La enmienda corrige un error clerical: la propiedad beneficiaria reportada anteriormente se consignó erróneamente como 14.000 acciones; la informante posee beneficiariamente 16.683 acciones a la fecha de esta enmienda, no las 17.183 informadas antes. El informe se presenta en su capacidad de directora.

Skechers U.S.A., Inc. (SKX)의 보고인 줄레마 가르시아가 상을 공개하고 이전 소유 수치를 정정하기 위해 Form 4를 수정했습니다. 제출서에는 2024-05-24에 가격 $0로 부여된 제한된 클래스 A 보통주 3,000주가 기재되어 있으며, 제한주는 세 번의 동일한 분할로 베스팅되며 첫 번째는 2025년 5월 1일, 나머지 두 차례는 그 다음 두 해의 기념일에 각각 베스팅됩니다. 이번 수정은 사무상 오류를 바로잡은 것으로, 이전에 보고된 수혜적 소유는 14,000주로 잘못 기재되었으나 보고인은 이 수정서 제출일 기준으로 16,683주를 수혜적으로 보유하고 있으며 이전에 보고된 17,183주는 아닙니다. 이 보고는 보고인의 이사 자격으로 제출되었습니다.

Skechers U.S.A., Inc. (SKX), la personne déclarante Zulema Garcia, a modifié un Formulaire 4 pour divulguer une attribution et corriger des chiffres de détention antérieurs. Le dépôt indique une attribution de 3 000 actions ordinaires de Classe A restreintes datée du 24/05/2024 au prix de 0 $ ; les actions restreintes acquisent des droits en trois tranches égales, la première le 1er mai 2025 et les deux suivantes aux deux anniversaires suivants. L'amendement corrige une erreur administrative : la détention bénéficiaire précédemment déclarée avait été indiquée à tort comme 14 000 actions ; la personne déclarante détient en réalité à la date de cet amendement 16 683 actions, et non les 17 183 précédemment rapportées. Le rapport est déposé en qualité de directrice.

Skechers U.S.A., Inc. (SKX) meldende Person Zulema Garcia hat ein Formular 4 geändert, um eine Zuteilung offenzulegen und frühere Besitzangaben zu korrigieren. Die Einreichung weist eine Zuteilung von 3.000 eingeschränkten Class-A-Stammaktien zum 24.05.2024 mit einem Preis von $0 aus; die eingeschränkten Aktien vesten in drei gleichen Tranchen, die erste am 1. Mai 2025 und die beiden folgenden jeweils an den beiden darauffolgenden Jahrestagen. Die Änderung korrigiert einen Schreibfehler: der zuvor gemeldete wirtschaftliche Besitz wurde fälschlich mit 14.000 Aktien angegeben; die meldende Person besitzt stattdessen wirtschaftlich 16.683 Aktien zum Zeitpunkt dieser Änderung und nicht die zuvor gemeldeten 17.183. Der Bericht wird in der Funktion als Direktor eingereicht.

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*
Garcia Zulema

(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 16,683 shares as of the filing date of this Form 4/A and not 17,183 shares as reported on the most recent Form 4 filed by the reporting person on April 4, 2025.
Zulema Garcia 09/08/2025
** 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 did Zulema Garcia report on the Form 4/A for SKX?

The Form 4/A discloses an award of 3,000 restricted Class A common shares granted on 05/24/2024 and corrects prior beneficial ownership figures.

What is the vesting schedule for the restricted shares in the SKX filing?

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

How many SKX shares does the reporting person beneficially own after the amendment?

After the amendment, the reporting person beneficially owns 16,683 shares as stated in the filing.

Was there any cash consideration reported for the awarded shares?

No; the transaction lists a $0 price for the 3,000 restricted shares.

What was the nature of the correction in the amended Form 4?

The amendment corrects a clerical error: the prior report incorrectly showed 14,000 shares in one line and an aggregated total of 17,183; the correct total is 16,683.
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Footwear & Accessories
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MANHATTAN BEACH