Crocs (CROX) CEO Andrew Rees sells 32,688 shares through family trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crocs, Inc. Chief Executive Officer Andrew Rees reported open-market sales of Crocs common stock on June 5, 2026 through the REES FAMILY LIVING TRUST, where he serves as trustee with voting and investment power. The trust sold a total of 32,688 shares in three blocks at weighted average prices of $116.9702, $117.9443, and $119.1099 per share, across multiple trades within narrow price ranges. Following these transactions, Rees continues to hold 475,789 shares directly, alongside his indirect holdings through the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 32,688 shares ($3,860,284)
Net Sell
4 txns
Insider
Rees Andrew
Role
Chief Executive Officer
Sold
32,688 shs ($3.86M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,900 | $116.9702 | $807K |
| Sale | Common Stock | 15,800 | $117.9443 | $1.86M |
| Sale | Common Stock | 9,988 | $119.1099 | $1.19M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 769,081 shares (Indirect, By Trust);
Common Stock — 475,789 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $116.55 - $117.54, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes. The reporting person is a trustee of the REES FAMILY LIVING TRUST U/A DTD 03/22/2019 and exercises voting and investment power for the shares beneficially owned by the trust. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $117.55 to $118.54, inclusive. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $118.59 to $119.48, inclusive.
Key Figures
Total shares sold: 32,688 shares
Block 1 sale: 6,900 shares at $116.9702
Block 2 sale: 15,800 shares at $117.9443
+3 more
6 metrics
Total shares sold
32,688 shares
Open-market sales on June 5, 2026 via family trust
Block 1 sale
6,900 shares at $116.9702
Common stock sold indirectly by trust
Block 2 sale
15,800 shares at $117.9443
Common stock sold indirectly by trust
Block 3 sale
9,988 shares at $119.1099
Common stock sold indirectly by trust
Direct holdings after transaction
475,789 shares
Common stock held directly by Andrew Rees after sales
Net share direction
32,688 net shares sold
transactionSummary netBuySellShares and net-sell
Key Terms
open-market sale, weighted average price, beneficially owned, trustee, +1 more
5 terms
open-market sale financial
"transaction_action is described as "open-market sale" for each sale entry"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficially owned financial
"shares beneficially owned by the trust."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
trustee financial
"The reporting person is a trustee of the REES FAMILY LIVING TRUST"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
indirect ownership financial
"nature_of_ownership is listed as "By Trust" and ownership_code "I""
FAQ
What insider transaction did Crocs (CROX) CEO Andrew Rees report?
Andrew Rees reported selling 32,688 shares of Crocs common stock on June 5, 2026, via the REES FAMILY LIVING TRUST. The sales were executed in three blocks at weighted average prices between about $117 and $119 per share.
Were the Crocs (CROX) insider sales made directly by Andrew Rees?
The sales were executed by the REES FAMILY LIVING TRUST, identified as holding the shares. A footnote explains that Andrew Rees is a trustee of this trust and exercises voting and investment power over its beneficially owned shares.
What does the weighted average price mean in the Crocs (CROX) Form 4?
Weighted average price indicates each reported sale block aggregates multiple trades at slightly different prices. The Form 4 notes that detailed trade-by-trade prices within the specified ranges are available to the issuer, shareholders, or regulators upon request.