Form 4: Deckers Outdoor Corp: Chief Supply Chain Officer Ogbechie Reports Stock Transaction

Angela Ogbechie, Chief Supply Chain Officer of Deckers Outdoor Corp, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.

Summary

• Angela Ogbechie, Chief Supply Chain Officer at Deckers Outdoor Corp, filed a Form 4 on May 24, 2024, reporting a transaction involving company stock.
• On May 22, 2024, 98 shares of common stock were withheld to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
• The RSUs vested on March 31, 2024, and were initially granted on July 1, 2021, under the Deckers Outdoor Corporation 2015 Stock Incentive Plan.
• Following the transaction, Ogbechie directly owns 3,932 shares of Deckers Outdoor Corp.
• The shares underlying the RSUs were issued upon Compensation Committee certification of the achievement of performance vesting conditions on May 22, 2024.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a routine transaction related to executive compensation. It doesn't indicate any positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it primarily concerns the executive's personal tax obligations and stock holdings.
• It provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates