Campbell Rupert George 4
4 · Crocs, Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Crocs EVP Rupert Campbell Receives 38,695 RSU Award
What Happened
Rupert Campbell, EVP and President of HEYDUDE at Crocs (CROX), was granted 38,695 restricted stock units (RSUs) on March 10, 2026. Concurrently, the company withheld a total of 1,551 shares to satisfy tax withholding obligations (987 shares at $82.91 = $81,832 on 3/10; 564 shares at $80.40 = $45,346 on 3/11, total ≈ $127,178). In addition, 1,255 RSUs were cancelled on March 11, 2026 because certain performance metrics were not achieved. The RSUs are awards (acquisitions), not open-market purchases.
Key Details
- Transaction dates and amounts:
- 2026-03-10: Grant of 38,695 RSUs (code A).
- 2026-03-10: 987 shares withheld for tax (code F) at $82.91 = $81,832.
- 2026-03-11: 1,255 RSUs cancelled/returned to issuer (code D) — $0 consideration.
- 2026-03-11: 564 shares withheld for tax (code F) at $80.40 = $45,346.
- Total withheld for taxes: 1,551 shares ≈ $127,178.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1: RSU grant details — 7,037 time-based RSUs vest in three equal annual installments (Mar 10, 2027–2029); up to 14,070 RSUs vest in three equal annual installments once certain performance metrics are certified (beginning in 2027); up to 17,588 RSUs vest upon certification in 2029, subject to continued employment.
- F2: Shares withheld to cover tax withholding obligations upon vesting.
- F3: 1,255 RSUs cancelled because performance metrics were not achieved.
- Filing: Form 4 filed 2026-03-12 reporting transactions on 3/10–3/11 (filed within the typical two-business-day window).
Context
- RSUs are contingent awards that convert to common shares upon vesting; these entries reflect an award grant plus routine withholding to cover taxes and a cancellation of a portion of performance-based RSUs that did not meet targets.
- The grant is an acquisition (award) rather than a purchase; the withheld shares and cancellations are internal adjustments (tax withholding and failed performance vesting), not open-market sales.
- No 10b5-1 plan, late filing, or other extraordinary items were reported in the provided data.
Insider Transaction Report
Form 4
Crocs, Inc.CROX
Campbell Rupert George
EVP, President of HEYDUDE
Transactions
- Award
Common Stock
[F1]2026-03-10+38,695→ 74,024 total - Tax Payment
Common Stock
[F2]2026-03-10$82.91/sh−987$81,832→ 73,037 total - Disposition to Issuer
Common Stock
[F3]2026-03-11−1,255→ 71,782 total - Tax Payment
Common Stock
[F2]2026-03-11$80.40/sh−564$45,346→ 71,218 total
Footnotes (3)
- [F1]Represents 38,695 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) 7,037 of the RSUs vest in three equal annual installments on March 10, 2027, March 10, 2028 and March 10, 2029, (ii) up to 14,070 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 17,588 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 shares withheld by the issuer to cover tax withholding obligations upon vesting of a restricted stock unit award.
- [F3]Represents the restricted stock units that were cancelled as certain performance metrics relating to the vesting of such awards were not achieved.
Signature
/s/Sara Hoverstock, Attorney-in-Fact|2026-03-12