4/A: Skechers USA Inc. Executive Corrects Stock Sale Transaction Date in Amended SEC Filing
SEC Filing Amendment
Phillip Paccione, General Counsel & Secretary of Skechers USA Inc., files an amendment to correct the transaction date of a stock sale.
Summary
- Phillip Paccione, General Counsel & Secretary of Skechers USA Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the transaction date of a sale of Class A Common Stock.
- The original filing incorrectly reported the transaction date as March 3, 2025, but the corrected date is March 4, 2025.
- On March 4, 2025, Paccione disposed of 10,994 shares of Class A Common Stock at a price of $56.63 per share.
- Following the transaction, Paccione beneficially owns 15,000 shares of Class A Common Stock directly.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Incorrectly reported transaction date in original filing. |
| 03/04/2025 | Corrected transaction date for stock sale and date of amended filing. |
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