Deckers (DECK) President Marco Ellerker Shares Withheld for Taxes

What Happened

• Marco Ellerker, President, Global Marketplace at Deckers Outdoor Corp (DECK), had 1,231 restricted shares withheld on August 15, 2026 to satisfy tax withholding obligations tied to RSU vesting. The transaction price reported is $0.00 and the reported cash value of the withheld shares is $0 (i.e., shares were not issued to him but retained by the company to cover taxes). This is a routine tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-08-15; Form 4 filed: 2026-08-18
• Transaction type/code: Tax withholding on vested RSUs (Code F)
• Shares withheld/disposed: 1,231 at $0.00; total cash proceeds reported: $0
• Shares owned after the transaction: Not specified in the provided filing details
• Footnote: The shares were withheld and not issued to satisfy tax withholding for one-third of RSUs that vested on Aug 15, 2026 from grants made Aug 15, 2023; Aug 15, 2024; and Aug 15, 2025 under the company’s 2015 and 2024 Stock Incentive Plans
• Filing timeliness: Form filed three days after the transaction date (filed 2026-08-18 for an Aug 15 transaction); no late-filing notation was provided in the excerpt

Context

• This is a standard tax-withholding action when restricted stock units vest. It is not an indication of a market sale for cash and typically does not reflect a change in the insider’s investment conviction.
• Transaction code F denotes shares withheld to satisfy tax withholding rather than a cash exercise or open-market sale.