Robert Greenberg - Sep 12, 2025 Form 4 Insider Report for SKECHERS USA INC (SKX)

Signature
/s/ Robert Greenberg, as individual and trustee
Stock symbol
SKX
Transactions as of
Sep 12, 2025
Transactions value $
-$9,916,704
Form type
4
Date filed
9/12/2025, 04:46 PM
Previous filing
Mar 3, 2025

Reporting Owners (3)

Name Relationship Address Signature Signature date CIK
GREENBERG ROBERT CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner C/O SKECHERS U.S.A., INC., 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH /s/ Robert Greenberg, as individual and trustee 2025-09-12 0001080904
GREENBERG M SUSAN 10%+ Owner C/O SKECHERS U.S.A., INC., 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH /s/ Philip Paccione, as Attorney-in-fact on behalf of M. Susan Greenberg, as individual and trustee 2025-09-12 0001279429
GREENBERG FAMILY TRUST 10%+ Owner C/O SKECHERS U.S.A., INC., 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH /s/ Robert Greenberg, as individual and trustee 2025-09-12 0001250502

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKX Class A Common Stock Disposed to Issuer -$9.92M -157K -100% $63.00 0 Sep 12, 2025 Direct F1
transaction SKX Class A Common Stock Disposed to Issuer -13.9K -100% 0 Sep 12, 2025 By Greenberg Family Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SKX Class B Common Stock Deposit into or withdrawal from voting trust $0 +8.5M +199.72% $0.00 12.8M Sep 12, 2025 Class A Common Stock 8.5M The Greenberg Family Trust F3, F4, F5
transaction SKX Class B Common Stock Disposed to Issuer -12.8M -100% 0 Sep 12, 2025 Class A Common Stock 12.8M The Greenberg Family Trust F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Robert Greenberg is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In accordance with the terms of the Merger Agreement dated May 2, 2025 (the "Merger Agreement") between the Issuer and a subsidiary of Beach Acquisition Co Parent, LLC ("Parent"), as described in the Schedule 14C Information Statement/Prospectus and Notice of Action by Written Consent filed by the Issuer with the Securities and Exchange Commission on August 5, 2025, these securities, comprised of unvested shares of restricted Class A Common Stock and shares of Class A Common Stock underlying unvested restricted stock units, were cancelled and exchanged for the Cash Merger Consideration of $63.00 per share.
F2 In accordance with the terms of the Merger Agreement, these securities were cancelled and exchanged for $57.00 plus one common limited liability company unit of Parent per share, in accordance with the elections made by the Reporting Person under the Merger Agreement.
F3 Holders of Class A Common Stock and Class B Common Stock generally have identical rights, except that holders of Class A Common Stock are entitled to one vote per share while holders of Class B Common Stock are entitled to ten votes per share on matters to be voted on by shareholders.
F4 Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis for no additional consideration at any time, with no expiration date, upon voluntary conversion by the holder of such shares or upon any sale or transfer of such shares with certain exceptions.
F5 Represents the withdrawal by the Reporting Person of shares of Class B Common Stock from the Skechers Voting Trust. In connection with the consummation of the merger under the Merger Agreement, the Skechers Voting Trust no longer beneficially owns any shares of Class B Common Stock.