Deckers (DECK) CAO Thomas Garcia Receives RSU Award (26,054 Shares)

What Happened

• Thomas Garcia, Chief Administrative Officer of Deckers Outdoor Corp (DECK), received equity awards on August 17, 2026. The Form 4 shows two grants: 6,658 Time‑Based Restricted Stock Units (RSUs) and 19,396 LTIP Performance RSUs, both reported at $0.00 (awards, not purchases). Total maximum awards equal 26,054 RSUs. The RSUs are awards (transaction code A) and will be settled in common stock if and when vesting conditions are met.

Key Details

• Transaction date: 2026-08-17; Form 4 filed 2026-08-19 (timely filing).
• Grants: 6,658 Time‑Based RSUs; 19,396 LTIP Performance RSUs (maximum possible).
• Price reported: $0.00 (awarded, no cash paid).
• Vesting (Time‑Based RSUs): 33.33% vests on 8/15/2027, 33.33% on 8/15/2028, and 33.34% on 8/15/2029, subject to continuous service; settled in common stock upon vesting (see footnote F1).
• Performance RSUs: amounts listed are the maximum that may vest; vesting is subject to performance and service conditions (see footnote F3).
• Additional details referenced in Exhibit 99 (footnote F2).
• Shares owned after the transaction are not specified in the provided filing excerpt.

Context

• These are equity awards (not open‑market purchases or sales) and therefore reflect company compensation, not an immediate market bet by the insider. Time‑based RSUs vest over multiple years contingent on continued service; performance RSUs vest only if performance targets are met. Awards like these are common for executive compensation and do not by themselves indicate a buy or sell decision.