Form 4: Deckers Outdoor Corp Director Michael F. Devine III Acquires Shares
SEC Form 4
Director Michael F. Devine III acquired 48 shares of Deckers Outdoor Corp common stock on March 1, 2024, as part of the company's Board of Directors Compensation Plan.
Summary
- On March 1, 2024, Michael F. Devine III, a director of Deckers Outdoor Corp, acquired 48 shares of common stock.
- The acquisition was part of the company's Compensation Plan for the Board of Directors.
- The price per share was $0.
- Following the transaction, Devine directly owns 8,204 shares of Deckers Outdoor Corp.
- The transaction was reported on March 4, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. It doesn't indicate any major positive or negative outlook for the company.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Insider transactions are routinely monitored by investors as signals of management's perspective on the company's valuation and prospects. While a small transaction, it provides insight into director compensation structures.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Michael F. Devine III acquired 48 shares of Deckers Outdoor Corp common stock. |
| 03/04/2024 | Date of report: SEC Form 4 filing date. |
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