Form 4: Skechers USA Inc. COO David Weinberg Reports Stock Transactions
SEC Form 4
David Weinberg, COO of Skechers USA Inc., reported the disposition and acquisition of company stock in recent transactions.
Summary
- David Weinberg, the Chief Operating Officer of Skechers USA Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On February 11, 2025, 34,712 shares of Class A Common Stock were disposed of at a price of $63.90.
- On February 12, 2025, 36,000 shares of Class A Common Stock were sold at a price of $62.7174.
- Following these transactions, Weinberg directly owns 54,499 shares of Class A Common Stock.
- Weinberg also directly owns 178,708.27 shares through The David Weinberg Trust dated September 7, 2000, where he is the sole beneficiary and trustee.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of stock transactions by an executive.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 2000-09-07 | Date of The David Weinberg Trust |
| 2024-12-30 | Date of Earliest Transaction |
| 2025-02-11 | Disposition of 34,712 shares of Class A Common Stock |
| 2025-02-12 | Sale of 36,000 shares of Class A Common Stock |
| 2025-02-13 | Date of signature on the report |
Keywords
Form 4, Skechers USA Inc, SKX, David Weinberg, Chief Operating Officer, Stock Transaction, Beneficial Ownership, Securities
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