Form 4: Crocs EVP Terence Reilly Reports Stock Tax Withholding
Statement of Changes in Beneficial Ownership
Crocs, Inc. EVP and Chief Brand Officer Terence Reilly reported the withholding of 7,820 shares to satisfy tax obligations related to a restricted stock unit vesting.
Summary
- Terence Reilly, EVP and Chief Brand Officer of Crocs, Inc., executed a transaction on April 29, 2026.
- The transaction involved the withholding of 7,820 shares of common stock by the issuer.
- The shares were withheld at a price of $100.14 per share.
- The purpose of the transaction was to cover tax withholding obligations resulting from the vesting of restricted stock units.
- Following this transaction, the reporting person maintains beneficial ownership of 104,531 shares of Crocs common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax settlement rather than a market-driven trade.
Positives
- The transaction is a routine administrative action related to tax obligations upon the vesting of equity awards, rather than a discretionary sale of shares.
Negatives
- None identified; this is a standard regulatory disclosure for executive compensation.
Risks
- None identified; this filing pertains to internal tax compliance and does not reflect operational or market risks.
Future Outlook
Not applicable; this is a historical disclosure of a completed transaction.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory requirement for corporate insiders and does not signal a change in management sentiment or company strategy.
Comparison to Industry Standards
- The transaction follows standard corporate governance practices for handling tax liabilities associated with equity-based compensation plans common among publicly traded companies.
Stakeholder Impact
- No material impact on shareholders, employees, or creditors as this is a standard tax-related transaction.
Next Steps
- None; this is a completed regulatory filing.
Key Dates
| Date | Description |
|---|---|
| 04/29/2026 | Date of the transaction involving the withholding of shares. |
| 04/30/2026 | Date of the filing of the Form 4. |
Keywords
Crocs, CROX, Form 4, Insider Trading, Executive Compensation, Tax Withholding
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