4/A: Skechers USA Inc. Executive David Weinberg Amends SEC Filing to Correct Transaction Date
SEC Form 4/A Amendment
David Weinberg, Chief Operating Officer of Skechers USA Inc., amended a previous SEC filing to correct the date of an earlier transaction.
Summary
- David Weinberg, the Chief Operating Officer of Skechers USA Inc., filed an amendment to a Form 4 with the SEC.
- The amendment corrects the date of the earliest transaction, which was initially reported incorrectly as December 30, 2024.
- The corrected date of the earliest transaction is February 11, 2025.
- On February 11, 2025, 34,712 Class A Common Stock were disposed of at a price of $63.9.
- On February 12, 2025, 36,000 Class A Common Stock were disposed of at a price of $62.7174.
- Following these transactions, Mr. Weinberg directly owns 54,499 shares of Class A Common Stock.
- Mr. Weinberg is also deemed to own 178,708.27 shares of Class A Common Stock indirectly through The David Weinberg Trust dated September 7, 2000, of which he is the sole beneficiary and trustee.
Sentiment
Score: 5
Explanation: This is a neutral filing correcting a previous error. It doesn't inherently indicate positive or negative sentiment, but rather a procedural correction.
Industry Context
This filing is a routine disclosure related to insider trading activities, which are common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its leadership.
Stakeholder Impact
- The correction of the transaction date ensures accurate information is available to shareholders and potential investors.
Key Dates
| Date | Description |
|---|---|
| 2000-09-07 | Date of The David Weinberg Trust |
| 2025-02-11 | Date of earliest transaction (disposal of 34,712 shares) |
| 2025-02-12 | Date of transaction (disposal of 36,000 shares) |
| 2025-02-13 | Date of original filing that was amended |
| 2025-03-03 | Date of signature on the amended form |
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