Ellerker Marco 4
Research Summary
AI-generated summary
Deckers (DECK) President Marco Ellerker Withholds 1,508 Shares for Taxes
What Happened Marco Ellerker, President, Global Marketplace at Deckers Outdoor Corp (DECK), had 1,508 shares withheld (reported as a disposition) to satisfy tax withholding obligations tied to the vesting of long‑term incentive performance-based restricted stock units (LTIP Performance RSUs). The withholding was reported at an exercise/tax payment price of $0.00, resulting in $0 cash proceeds.
Key Details
- Transaction date: May 20, 2026; Filing date: May 22, 2026 (filed timely).
- Transaction code: F (payment of exercise price or tax liability via withholding).
- Shares withheld/disposed: 1,508 at $0.00 each; total reported value $0.
- Reason: Shares were withheld to satisfy tax withholding on LTIP Performance RSUs that vested (vesting date noted as March 31, 2026) and were issued upon Compensation Committee certification on May 20, 2026 (see footnote F1).
- Shares owned after transaction: Not disclosed in this filing.
Context This was a routine tax‑withholding action related to the vesting of performance RSUs, not an open‑market sale or purchase. Withholdings to cover taxes are common and do not necessarily indicate insider sentiment about the company.