Rees Andrew 4

What Happened

• Andrew Rees, CEO of Crocs, sold a total of 32,688 shares in open-market transactions on June 5, 2026. The three reported dispositions were: 6,900 shares at a weighted average price of $116.97 (proceeds $807,094); 15,800 shares at $117.94 (proceeds $1,863,520); and 9,988 shares at $119.11 (proceeds $1,189,670). Total proceeds across the three sales were approximately $3,860,284. These were sales (S) — not purchases or option exercises — and are typically routine disposition activity rather than a direct bullish signal.

Key Details

• Transaction date: 2026-06-05; Form filed: 2026-06-09 (filed within the two-business-day window).
• Reported weighted prices and ranges per footnotes:
  • 6,900 shares: weighted $116.97; prices ranged $116.55–$117.54 (F1).
  • 15,800 shares: weighted $117.94; prices ranged $117.55–$118.54 (F3).
  • 9,988 shares: weighted $119.11; prices ranged $118.59–$119.48 (F4).
• Proceeds: ~ $3.86 million total.
• Ownership/authority: filing notes Rees is trustee of the Rees Family Living Trust and exercises voting and investment power for the shares (F2).
• Shares owned after the transaction: not specified in the provided excerpt.
• No 10b5-1 plan, gift, or option-exercise notation disclosed in the provided details.

Context

• These were straightforward open-market sales by the CEO acting as trustee of a family trust. Sales by insiders can be for many personal or tax-liability reasons and do not, by themselves, indicate company outlook. Purchases would generally be more informative about insider confidence; this filing documents disposals only.