Form 4: Crocs Inc. EVP, Chief Digital Officer Adam Michaels Reports Sale of Common Stock
SEC Form 4 Filing
Adam Michaels, EVP, Chief Digital Officer of Crocs, Inc., reported the sale of 2,164 shares of common stock at a price of $153.64 on May 28, 2024.
Summary
- On May 28, 2024, Adam Michaels, the EVP, Chief Digital Officer of Crocs, Inc., sold 2,164 shares of common stock.
- The sale price was $153.64 per share.
- Following the transaction, Michaels directly owns 109,131 shares of Crocs, Inc. common stock.
- Michaels has granted a power of attorney to Sara Hoverstock, Anne Mehlman, Jessica Leedy, Ned Prusse, Jonathan Schulman and Jason Day to execute and file forms related to securities transactions.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider stock sale, which doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The sale of shares by an executive officer may be of interest to shareholders, as it provides insight into the officer's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of stock sale transaction and Power of Attorney execution. |
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