Form 4: Crocs Inc. Executive Vice President Shannon Sisler Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Shannon Sisler, EVP and Chief People Officer at Crocs, Inc., disposed of 1,695 shares of common stock on August 17, 2024, to cover tax withholding obligations upon the vesting of a restricted stock unit award.
Summary
- On August 17, 2024, Shannon Sisler, the EVP and Chief People Officer of Crocs, Inc., reported a transaction involving the disposal of 1,695 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 $139.31 per share.
- Following the transaction, Sisler directly owns 33,958 shares of Crocs' common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates a routine transaction related to tax obligations and doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/17/2024 | Date of stock disposal transaction. |
| 08/20/2024 | Date of signature by Attorney-in-Fact. |
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