Form 4: Crocs Executive Terence Reilly Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP and President of HEYDUDE at Crocs, Terence Reilly, reports disposing of 8,263 shares of common stock to cover tax withholding obligations.
Summary
- Terence Reilly, EVP and President of HEYDUDE at Crocs, filed a Form 4 indicating changes in beneficial ownership.
- On April 29, 2025, Reilly disposed of 8,263 shares of Crocs common stock at a price of $96.10.
- This disposal was to cover tax withholding obligations upon the vesting of a restricted stock unit award.
- Following the transaction, Reilly directly owns 73,408 shares of Crocs common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations, which is a common reason for stock disposals.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of stock disposal to cover tax withholding obligations. |
| 04/30/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, Crocs, CROX, Terence Reilly, HEYDUDE, Stock Disposal, Tax Withholding, Restricted Stock Units
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