MEHLMAN ANNE 4

What Happened
Anne Mehlman, EVP & Crocs Brand President, reported dispositions tied to vested restricted stock units on Feb 1, 2026. The filing shows 1,501 shares were withheld by the issuer to cover tax withholding at an effective price of $86.88 (value ≈ $130,407). Separately, 19,839 restricted stock units were cancelled/returned to the issuer at $0 because the related performance metric was not achieved. These were not open-market sales to third parties.

Key Details

• Transaction dates: Feb 1, 2026; filing date: Feb 3, 2026 (Form 4 accession 0001750770-26-000004). Filing appears timely.
• Withheld shares: 1,501 shares @ $86.88 — total value ≈ $130,407 (footnote F1: shares withheld to cover tax withholding).
• Cancelled RSUs: 19,839 shares @ $0 — total value $0 (footnote F2: RSUs cancelled because performance metric not met).
• Shares owned after transaction: not specified in the provided filing.
• Transaction types: F (tax withholding) and D (disposition to issuer/cancellation). No open-market sale or purchase reported.

Context
Shares withheld to satisfy tax obligations upon vesting are routine and typically reflect tax withholding rather than a deliberate sale signal. The larger line item (19,839 shares) reflects cancellation of a performance-based award due to unmet performance criteria, which reduces expected future share issuance but is not a market sale. For retail investors, purchases or open-market insider buys tend to be more indicative of bullish insider conviction; these items are administrative outcomes of equity compensation.