Form 4: Deckers Outdoor Corp: Officer Ellerker Reports Tax Withholding on Vesting Restricted Stock Units
SEC Form 4 Filing
Marco Ellerker, President of Global Marketplace at Deckers Outdoor Corp, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 15, 2025, Marco Ellerker, President, Global Marketplace at Deckers Outdoor Corp, had shares withheld to satisfy tax withholding obligations.
- The withholding was incident to the vesting of one-third of restricted stock units granted on February 8, 2022, under the Deckers Outdoor Corporation 2015 Stock Incentive Plan.
- A total of 571 shares of common stock were withheld at a price of $0.
- Following the transaction, Ellerker beneficially owns 28,870 shares of Deckers Outdoor Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, and does not contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This is a routine Form 4 filing, reflecting standard practice for executives receiving stock-based compensation. It's common for companies to withhold shares to cover tax obligations upon vesting.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a standard practice.
Key Dates
| Date | Description |
|---|---|
| 02/08/2022 | Date of grant of restricted stock units to Marco Ellerker. |
| 03/15/2025 | Date of vesting of one-third of the restricted stock units and the associated tax withholding. |
| 03/17/2025 | Date of the report filing. |
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