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

Rhea-AI Filing Summary

Mark A. Nason, Executive Vice President of Skechers U.S.A. Inc. (SKX), reported an acquisition of 21,213 shares of Class A common stock on the Form 4. The transaction is reported with a price of $0 per share and increases the reporting person’s total beneficial ownership to 36,809 shares after an adjustment noted in the filing.

The filing includes an explanation that the reported total reflects a correction for a delinquent transaction previously omitted from an earlier Form 4 and that 1,169 shares could not be reconciled when comparing current holdings to prior reports.

Positive

• Acquisition disclosed: Reporting person acquired 21,213 shares of Class A common stock
• Updated beneficial ownership: Filing reports total beneficial ownership of 36,809 shares after adjustment
• Officer role disclosed: Reporting person identified as Executive Vice President

Negative

• Prior omission: Filing corrects a delinquent transaction not reported on an earlier Form 4
• Unreconciled shares: 1,169 shares could not be accounted for when reconciling current holdings

Insights

Securities Analyst

TL;DR: Executive reported a 21,213-share acquisition increasing beneficial ownership to 36,809 shares; a prior reporting omission required an adjustment.

The filing shows a non-derivative acquisition of 21,213 shares at a reported price of $0, resulting in 36,809 shares beneficially owned by the reporting person. The disclosure explicitly states an adjustment to reconcile a previously delinquent transaction and notes 1,169 shares that could not be accounted for. From a reporting and disclosure perspective, the material items are the size of the block, the zero price indicated, and the bookkeeping adjustment reflecting an earlier omission.

Corporate Governance Expert

TL;DR: Form 4 corrects prior omission and documents an insider acquisition; the unexplained 1,169-share discrepancy is a disclosure issue.

The report identifies the reporting person as Executive Vice President and files a correction to prior beneficial ownership totals. The explicit note that 1,169 shares remain unaccounted for is important for governance and internal controls disclosure. The form does not provide context for the $0 price or the reason for the prior omission, so no further determination of intent or compensation treatment can be made from the filing alone.

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
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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^*

NASON MARK A

(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)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2025

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
Class A Common Stock	02/11/2025		A		21,213	A	$0	36,809(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 amount reflects an adjustment to total number of shares beneficially owned as reported on a Form 4 filed by the reporting person on March 3, 2025 after accounting for this delinquent transaction that was not reported on a Form 4 filed on February 13, 2025. This amount represents the total number of shares beneficially owned by the reporting person as of the filing date of this Form 4, which includes a deduction of 1,169 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.

	Mark Nason	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

Who filed the Form 4 for SKX?

The Form 4 was filed by Mark A. Nason, who is identified as Executive Vice President of Skechers U.S.A. Inc.

How many shares were acquired according to the Form 4?

The filing reports an acquisition of 21,213 shares of Class A common stock.

What price was reported for the acquired shares?

The transaction is reported with a price of $0 per share in the Form 4.

What is the reporting person’s total beneficial ownership after the transaction?

The Form 4 reports total beneficial ownership of 36,809 shares following the reported transaction.

Does the filing note any corrections or discrepancies?

Yes. The filing explains an adjustment for a delinquent transaction previously omitted and states 1,169 shares could not be reconciled.