Form 4: Deckers Outdoor Corp Director Michael F. Devine III Sells 2,000 Shares
SEC Form 4
Director Michael F. Devine III of Deckers Outdoor Corp sold 2,000 shares of common stock on May 29, 2024, at a price of $1,077 per share.
Summary
- On May 29, 2024, Michael F. Devine III, a director of Deckers Outdoor Corp, sold 2,000 shares of the company's common stock.
- The sale price was $1,077 per share.
- Following the transaction, Devine directly owns 6,204 shares of Deckers Outdoor Corp.
Sentiment
Score: 5
Explanation: The document simply reports a transaction. It's neutral in sentiment.
Industry Context
Insider sales are a common occurrence and are often scrutinized by investors as they may provide insights into management's perspective on the company's valuation and future prospects. However, they can also be due to personal financial planning.
Stakeholder Impact
- The sale of shares by a director may cause some investors to re-evaluate their positions in the company.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of stock sale transaction |
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