Form 4: Skechers USA Inc. General Counsel Phillip Paccione Reports Stock Transactions
SEC Form 4 Filing
Phillip Paccione, General Counsel & Secretary of Skechers USA Inc., reports the disposition and acquisition of Class A Common Stock on March 3, 2025.
Summary
- On March 3, 2025, Phillip Paccione, General Counsel & Secretary of Skechers USA Inc., reported transactions involving Class A Common Stock.
- Paccione disposed of 9,006 shares to cover tax obligations at a price of $58.49 per share.
- Additionally, Paccione sold 10,994 shares at a price of $56.63 per share.
- Following these transactions, Paccione directly owns 15,000 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key executive at Skechers.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of stock transactions (disposal and sale). |
| 03/04/2025 | Date of signature for the report. |
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