Form 4: Skechers USA Inc. COO David Weinberg Reports Stock Transactions
SEC Form 4
Chief Operating Officer of Skechers USA Inc., David Weinberg, reports the acquisition and disposal of Class A Common Stock.
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 March 1, 2025, 27,770 shares of Class A Common Stock were disposed of at a price of $60.99.
- On March 3, 2025, 26,913 shares of Class A Common Stock were sold at $60.76.
- Following these transactions, Weinberg directly owns 44,637 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: The document is a standard SEC filing reporting stock transactions by an officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the corporate world. Investors often monitor these filings to gauge management's sentiment about the company's prospects.
Stakeholder Impact
- The stock transactions may influence investor perception of the company.
Key Dates
| Date | Description |
|---|---|
| 2000-09-07 | Date of The David Weinberg Trust |
| 2025-03-01 | Date of disposal of 27,770 shares at $60.99 |
| 2025-03-03 | Date of sale of 26,913 shares at $60.76 |
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