REAGAN PATRAIC 4

What Happened REAGAN PATRAIC, Chief Financial Officer of Crocs, was granted 44,222 restricted stock units (RSUs) on March 10, 2026. The grant was recorded at $0.00 cash consideration (an award, not a purchase). Each RSU represents the contingent right to receive one share of Crocs common stock upon vesting; no shares were sold or purchased on the open market in this filing.

Key Details

• Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (appears timely).
• Transaction type/code: Award/Grant (code A). Grant reported at $0.00 cash value.
• Number of RSUs granted: 44,222.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnote summary:
  • 8,042 RSUs vest in three equal annual installments on March 10, 2027, 2028 and 2029 (time-based).
  • Up to 16,080 RSUs vest in three equal annual installments beginning on the date in 2027 when the compensation committee certifies certain performance metrics (performance-based).
  • Up to 20,100 RSUs vest on the date in 2029 when the compensation committee certifies certain performance metrics (performance-based).
  • All vesting is subject to continued employment through each applicable vesting date.
• No tax withholding, cashless exercise, or sale of underlying shares is indicated in this filing.

Context RSU grants are common components of executive compensation and do not involve an immediate cash outlay or market trade; they convert into shares only if and when vesting conditions are met. Performance-based portions mean some of the award will only vest if Crocs meets specified targets and the committee certifies achievement. This filing documents a grant, not a buy or sell, so it does not directly signal insider buying or selling behavior.