Form 4: Skechers USA Inc. COO David Weinberg Reports Stock Transactions
SEC Form 4 Filing
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 beneficial ownership.
- On March 1, 2024, 21,161 shares of Class A Common Stock were disposed of at a price of $62.33.
- On March 4, 2024, 20,589 shares of Class A Common Stock were sold at a price of $61.0848.
- Following these transactions, Weinberg directly owns 99,655 shares of Class A Common Stock and indirectly owns 178,708.27 shares through The David Weinberg Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.
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 |
|---|---|
| 03/01/2024 | 21,161 shares of Class A Common Stock disposed of at $62.33. |
| 03/04/2024 | 20,589 shares of Class A Common Stock sold at $61.0848. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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