Form 4: Crocs CEO Andrew Rees Gifts 40,000 Shares

Crocs CEO Andrew Rees reported gifting 40,000 shares of common stock from his indirect holdings.

Summary

• Andrew Rees, Chief Executive Officer and Director of Crocs, Inc., reported a gift of 40,000 shares of common stock.
• The transaction occurred on November 20, 2025.
• The shares were gifted from his indirect beneficial ownership, specifically from the REES FAMILY LIVING TRUST U/A DTD 03/22/2019, for which he serves as a trustee.
• Following the gift, Andrew Rees beneficially owns 775,981 shares indirectly through the trust and 341,265 shares directly.
• The filing also reflects a prior transfer of 736,233 shares from direct ownership to the REES FAMILY LIVING TRUST.

Sentiment

Score: 5

Explanation: Neutral. The filing reports a personal transaction (a gift) by the CEO, which does not inherently reflect positively or negatively on the company's operational or financial performance.

Positives

• The gift of shares may indicate philanthropic activity by the CEO.

Negatives

• A reduction in the CEO's overall beneficial ownership, albeit through a gift rather than a sale.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Management Comments

• The reporting person gifted 40,000 shares of common stock indirectly owned by the reporting person.
• The reporting person is a trustee of the REES FAMILY LIVING TRUST U/A DTD 03/22/2019 and exercises voting and investment power for the shares beneficially owned by the trust.

Industry Context

This filing reports an individual insider transaction and does not provide information related to broader industry trends or competitive landscape.

Related Party Transactions

• The transfer of 736,233 shares from Andrew Rees's direct ownership to the REES FAMILY LIVING TRUST U/A DTD 03/22/2019, where he is a trustee, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact on the company's stock price or operations. It represents a slight reduction in the CEO's overall beneficial ownership, but through a gift, not a sale.
• Employees, Customers, Suppliers, Creditors: No direct impact.

Key Dates

Keywords

Crocs, CROX, Andrew Rees, CEO, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership