Form 4: Deckers Outdoor Corp Director Acquires Shares Through Compensation Plan

Director Juan R. Figuereo acquired 245 shares of Deckers Outdoor Corp common stock through the company's compensation plan, which were then converted to phantom units.

Summary

• Juan R. Figuereo, a director at Deckers Outdoor Corp, acquired 245 shares of common stock on November 18, 2024.
• The shares were issued as part of the company's Board of Directors Compensation Plan.
• Mr. Figuereo deferred receipt of the shares and instead received phantom units, each representing a right to one share of common stock.
• Following the transaction, Mr. Figuereo beneficially owns 11,735 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders.

Positives

• The acquisition of shares by a director demonstrates confidence in the company's future.

Industry Context

This is a routine transaction related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Director compensation through stock grants is a standard practice across publicly listed companies.
• Many companies use deferred stock units or phantom stock plans as part of their compensation strategy, similar to Deckers' approach.
• The number of shares granted is relatively small compared to the overall outstanding shares of the company, which is typical for director compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

Deckers Outdoor Corp, Director, Share Acquisition, Compensation Plan, Phantom Units, Beneficial Ownership, DECK