MEHLMAN ANNE 4
4 · Crocs, Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Crocs (CROX) EVP Anne Mehlman Receives RSU Awards
What Happened
Anne Mehlman, EVP and Crocs Brand President, was granted two restricted stock unit (RSU) awards: 44,222 RSUs (granted 2026-03-10) and 24,122 RSUs (granted 2026-03-10), for a total of 68,344 RSUs. Separately, 10,608 RSUs were cancelled (disposed to issuer) on 2026-03-11 because related performance metrics were not met. To cover tax withholding upon vesting, the issuer withheld 1,931 shares on 2026-03-11 (valued at $80.40 each, ~$155,252) and 1,079 shares on 2026-03-12 (valued at $79.63 each, ~$85,921).
Key Details
- Transaction dates: grants on 2026-03-10; cancellations and tax withholding on 2026-03-11 and 2026-03-12. Filing date: 2026-03-12. Timing appears timely.
- Grant sizes: 44,222 RSUs (F1) and 24,122 RSUs (F2); total granted = 68,344 RSUs.
- Cancellations: 10,608 RSUs cancelled due to unmet performance metrics (F3).
- Tax withholding: 1,931 shares withheld at $80.40 (≈$155,252) and 1,079 shares withheld at $79.63 (≈$85,921) (F4). Total withheld = 3,010 shares (~$241K).
- Shares owned after transaction: not specified in the provided excerpt.
- Footnotes: F1/F2 describe vesting schedules (time- and performance-based); F3 = cancelled performance-based RSUs; F4 = shares withheld to satisfy tax obligations.
- Transaction codes: A = award/grant, D = disposition (cancellation), F = tax withholding.
Context
These transactions are primarily equity awards (acquisitions of contingent RSUs) with subsequent cancellations for unmet performance targets and routine tax-withholding share disposals. This is not an open-market sale; the cancelled RSUs reflect vesting conditions not met, and the withheld shares are standard for tax obligations upon vesting.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-10+44,222→ 174,704 total - Award
Common Stock
[F2]2026-03-10+24,122→ 198,826 total - Disposition to Issuer
Common Stock
[F3]2026-03-11−10,608→ 188,218 total - Tax Payment
Common Stock
[F4]2026-03-11$80.40/sh−1,931$155,252→ 186,287 total - Tax Payment
Common Stock
[F4]2026-03-12$79.63/sh−1,079$85,921→ 185,208 total
Footnotes (4)
- [F1]Represents 44,222 restricted stock units (RSUs) granted to the reporting person under the issuer's 2020 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest as follows: (i) 8,042 of the RSUs vest in three equal annual installments on March 10, 2027, March 10, 2028 and March 10, 2029, (ii) up to 16,080 of the RSUs vest in three equal annual installments beginning on the date in 2027 that the issuer's compensation committee certifies that certain performance metrics are achieved and (iii) up to 20,100 of the RSUs vest on the date in 2029 that the issuer's compensation committee certifies that certain performance metrics are achieved, provided, in each case, that the reporting person remains employed by the issuer as of each applicable vesting date.
- [F2]Represents 24,122 restricted stock units (RSUs) granted to the reporting person under the issuer's 2020 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest as follows: up to 24,122 of the RSUs vest in two equal annual installments beginning on the date in 2028 that the issuer's compensation committee certifies that certain performance metrics are achieves, provided, in each case, that the reporting person remains employed by the issuer as of each appliable vesting date.
- [F3]Represents the restricted stock units that were cancelled as certain performance metrics relating to the vesting of such awards were not achieved.
- [F4]Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.