Form 4: Director Bonita C. Stewart Acquires Shares in Deckers Outdoor Corp (DECK) Through Compensation Plan
SEC Form 4
Bonita C. Stewart, a director of Deckers Outdoor Corp, acquired 45 shares of common stock through the company's compensation plan and deferred receipt for phantom units.
Summary
- On September 3, 2024, Bonita C. Stewart, a director of Deckers Outdoor Corp, acquired 45 shares of common stock.
- The acquisition was made pursuant to the company's Compensation Plan for the Board of Directors.
- Ms. Stewart deferred receipt of the shares and instead received phantom units, each representing the right to receive one share of common stock.
- Following the transaction, Ms. Stewart beneficially owns 8,998 shares of Deckers Outdoor Corp.
- The transaction was reported on September 4, 2024.
Sentiment
Score: 7
Explanation: Routine director share acquisition through a compensation plan is generally viewed as a neutral to slightly positive signal.
Positives
- The acquisition of shares by a director signals confidence in the company.
- The use of a compensation plan aligns director interests with shareholder value.
Industry Context
Director share acquisitions are common and often viewed positively by investors as they align management's interests with those of shareholders. This transaction is part of a regular compensation plan.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of transaction: Bonita C. Stewart acquired 45 shares of common stock. |
| 09/04/2024 | Date of report: Form 4 filed reporting the transaction. |
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