Form 4: Crocs CEO Andrew Rees Reports Changes in Beneficial Ownership

Andrew Rees, CEO of Crocs, reports the disposal of shares to cover tax withholding obligations upon vesting of restricted stock units.

Summary

• On March 2, 2025, Crocs CEO Andrew Rees disposed of 5,526 shares of common stock at a price of $100.38 to cover tax withholding obligations.
• Following this transaction, Rees directly owns 958,627 shares of Crocs common stock.
• On March 3, 2025, Rees disposed of 11,566 shares of common stock at a price of $100.38 to cover tax withholding obligations.
• Following this transaction, Rees directly owns 947,061 shares of Crocs common stock.
• Rees also indirectly owns 79,748 shares through the V&M REES REV. TRUST, for which he serves as trustee.

Sentiment

Score: 5

Explanation: The document is a routine filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, providing transparency to investors.

Stakeholder Impact

• The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is likely viewed as a routine transaction.

Key Dates