4/A: Skechers CFO Corrects Share Ownership Filing
Insider Ownership Amendment
Skechers USA Inc.'s CFO, John M. Vandemore, filed an amended Form 4 to correct a clerical error in his reported beneficial ownership of Class A Common Stock.
Summary
- John M. Vandemore, Chief Financial Officer of Skechers USA Inc., filed an amended Form 4 to correct a clerical error regarding his beneficial ownership of Class A Common Stock.
- The original filing incorrectly reported 89,456 shares beneficially owned.
- The corrected total beneficial ownership as of the filing date of this Form 4/A is 145,809 shares.
- This corrected amount also reflects amendments to transactions on March 1 and March 4, 2024, reported in a separate Form 4/A.
- The most recent Form 4 filed on March 3, 2025, had reported 83,328 shares.
- A disposition of 20,768 shares of Class A Common Stock occurred on March 1, 2024, at a price of $62.33 per share, likely to cover tax liabilities (Transaction Code 'F').
- The reported beneficial ownership following this specific transaction is 109,440 shares.
- The total beneficial ownership of 145,809 shares includes a deduction of 70 shares that the reporting person is unable to account for.
Sentiment
Score: 5
Explanation: Neutral. This filing is purely administrative, correcting a clerical error in an insider's beneficial ownership. It has no direct positive or negative implications for the company's operational or financial performance.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing is an administrative correction of an individual insider's equity holdings and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Provides updated and accurate information regarding a key executive's equity holdings, enhancing transparency.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction (disposition of shares). |
| 03/05/2024 | Date of original Form 4 filing being amended. |
| 03/03/2025 | Date of most recent Form 4 filed by reporting person, which reported 83,328 shares. |
| 09/04/2025 | Signature date of the reporting person for this amendment. |
Keywords
Skechers, SKX, Form 4/A, Beneficial Ownership, CFO, John Vandemore, Insider Trading, Equity Holdings, SEC Filing, Amendment
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