Form 4: Crocs Inc. Executive Thomas Britt Reports Stock Disposal for Tax Obligations

Thomas Britt, EVP and Chief Information Officer of Crocs, Inc., disposed of 926 shares of common stock on July 3, 2024, to cover tax withholding obligations upon vesting of a restricted stock unit award.

Summary

• On July 3, 2024, Thomas Britt, the EVP and Chief Information Officer of Crocs, Inc., reported a transaction involving the disposal of 926 shares of Crocs' common stock.
• The shares were disposed of to cover tax withholding obligations related to the vesting of a restricted stock unit award.
• The transaction was executed at a price of $147.9 per share.
• Following the transaction, Britt directly owns 18,750 shares of Crocs' common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a common transaction. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's stock.

Key Dates