STOCK TITAN

Skechers (SKX) CFO Files Form 4; 42,427 Shares Added, Delinquent Correction

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

John M. Vandemore, Chief Financial Officer of Skechers U.S.A., Inc. (SKX), reported an acquisition of 42,427 shares of Class A common stock on 02/11/2025 at a reported price of $0. After accounting for this transaction and an adjustment described in the filing, Mr. Vandemore beneficially owned 145,809 shares as of the filing date. The filing notes this Form 4 corrects a previously delinquent transaction that was not reported on earlier filings and explains a 70-share deduction the reporting person could not reconcile. The Form 4 is signed by John Vandemore with a signature date of 09/04/2025.

Positive

  • Timely correction of a previously delinquent transaction via this Form 4 improves public disclosure and regulatory compliance.
  • Insider acquisition of 42,427 shares aligns insider ownership with company interests, increasing beneficial ownership to 145,809 shares.

Negative

  • Delinquent transaction required correction, indicating prior late reporting.
  • Unexplained 70-share discrepancy remains in the filing and is not reconciled in the disclosure.

Insights

TL;DR: Routine officer stock acquisition disclosed; correction for a delinquent report and a small unexplained 70-share discrepancy noted.

The filing documents a non-derivative acquisition of 42,427 Class A shares by the company CFO, reported as having no purchase price recorded ($0). The submission serves both as current disclosure and a corrective filing for a previously delinquent transaction, improving regulatory compliance transparency. The unexplained 70-share deduction is immaterial in isolation but should be reconciled internally to avoid future reporting ambiguities.

TL;DR: Disclosure addresses late reporting and updates beneficial ownership to 145,809 shares; no apparent material change to control.

The Form 4 updates beneficial ownership and records the acquisition date of 02/11/2025. The $0 price entry suggests the shares may have been granted, transferred, or otherwise recorded without a cash purchase price; however, the filing contains no further detail. The corrective language and signature dated 09/04/2025 indicate remediation of prior reporting omissions.

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)
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 42,427 A $0 145,809(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 adjustments 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 and three amendments on two reports on Form 4/A filed on the same date as this Form 4. 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 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 did John M. Vandemore report for SKX?

The filing reports an acquisition of 42,427 shares of Class A common stock on 02/11/2025.

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

The reporting person beneficially owned 145,809 shares following the reported transaction.

Was this Form 4 a corrective filing or a late report?

Yes. The filing states it reflects adjustments after accounting for a delinquent transaction not previously reported and amendments to earlier Form 4 filings.

What is the reported price for the acquired shares?

The transaction lists a reported price of $0 for the 42,427 shares.

Is there any unresolved discrepancy noted in the Form 4?

Yes. The filing notes a 70-share deduction the reporting person could not account for when reconciling holdings.
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9.49B
130.08M
0.65%
95.42%
1.69%
Footwear & Accessories
Footwear, (no Rubber)
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United States
MANHATTAN BEACH