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4Filed Aug 10, 8:00 PM ET

Crocs (CROX) CEO Andrew Rees Sells Shares

$CROX · Crocs, Inc.
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Research Summary

AI-generated summary of this SEC filing

Updated

Crocs (CROX) CEO Andrew Rees Sells Shares

What Happened

  • Andrew Rees, CEO of Crocs, sold a total of 30,000 Crocs shares in open-market transactions on August 7 and August 10, 2026, generating approximately $4,154,784 in gross proceeds. The sales were executed in multiple trades at weighted-average prices ranging from about $137.41 to $140.02 per share.
  • These were outright sales (code S) reported on an SEC Form 4. Sales are liquidity events and not purchases (which are typically viewed as a stronger signal of insider confidence).

Key Details

  • Transaction dates and reported amounts:
    • 2026-08-07: 5,796 sh @ $137.41 = $796,453 (prices in that block ranged $136.78–$137.77)
    • 2026-08-07: 4,204 sh @ $137.96 = $579,985 (range $137.79–$138.10)
    • 2026-08-07: 928 sh @ $139.04 = $129,027 (range $139.01–$139.14)
    • 2026-08-10: 9,576 sh @ $138.38 = $1,325,138 (range $138.00–$138.98)
    • 2026-08-10: 8,696 sh @ $139.39 = $1,212,168 (range $139.00–$139.96)
    • 2026-08-10: 800 sh @ $140.02 = $112,013 (range $140.00–$140.05)
  • Total: 30,000 shares sold for approximately $4,154,784.
  • The filing notes weighted-average prices for multi-trade blocks (see ranges above).
  • Footnote: The reporting person is the trustee of the REES FAMILY LIVING TRUST U/A DTD 03/22/2019 and exercises voting and investment power over the trust’s shares.
  • Shares owned after the transactions were not provided in the data you supplied (noted as “not disclosed” in this summary).
  • Filing timeliness: The Form 4 was filed on 2026-08-11. Given trades occurred Aug 7 and Aug 10, the report appears to have been filed within the SEC’s two-business-day window.

Context

  • These were open-market sales (S) rather than purchases; sales can reflect routine liquidity needs, trust management, or portfolio rebalancing but do not by themselves indicate the insider’s view of the company’s prospects.
  • Because the reporting person acted as trustee of a family trust, these transactions reflect trust-held shares rather than necessarily personal trading outside the trust structure.