Form 4: Deckers Outdoor CFO Steven Fasching Reports Routine Stock Disposition for Tax Withholding

Deckers Outdoor Corporation's Chief Financial Officer, Steven J. Fasching, reported a disposition of 15,331 shares of common stock to satisfy tax withholding obligations related to the vesting of long-term incentive performance-based restricted stock units.

Summary

• Steven J. Fasching, Chief Financial Officer of Deckers Outdoor Corp (DECK), reported a transaction on May 21, 2025.
• The transaction involved the disposition of 15,331 shares of common stock.
• These shares were withheld by the issuer to cover tax withholding obligations associated with the vesting of long-term incentive performance-based restricted stock units (LTIP Performance RSUs).
• The LTIP Performance RSUs were originally granted to Mr. Fasching on August 15, 2022.
• The RSUs vested on March 31, 2025, and the achievement of performance vesting conditions was certified by the Compensation Committee on May 21, 2025.
• Following this transaction, Mr. Fasching directly beneficially owns 136,643 shares of Deckers Outdoor Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While shares were disposed of, it was for a routine tax withholding purpose following the successful vesting of performance-based equity, implying performance targets were met.

Positives

• The vesting of the LTIP Performance RSUs indicates that the company's Compensation Committee certified the achievement of performance vesting conditions, suggesting positive operational or financial performance over the vesting period.

Negatives

• The disposition of 15,331 shares reduces the direct beneficial ownership of common stock by the Chief Financial Officer, although this is a standard procedure for tax withholding upon RSU vesting.

Stakeholder Impact

• Shareholders: The transaction is a routine insider filing and does not indicate any significant change in company strategy or financial health. The vesting of performance-based units could be seen as a positive indicator of past performance.

Key Dates

Keywords

Deckers Outdoor Corp, DECK, Steven J. Fasching, Chief Financial Officer, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Equity Compensation, Beneficial Ownership