MEHLMAN ANNE 4
Research Summary
AI-generated summary
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.