Morton Erlich - 12 Sep 2025 Form 4 Insider Report for SKECHERS USA INC (SKX)

Role
Director
Signature
/s/ Morton Erlich
Issuer symbol
SKX
Transactions as of
12 Sep 2025
Transactions value $
-$616,329
Form type
4
Filing time
12 Sep 2025, 16:48:06 UTC
Previous filing
04 Apr 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Erlich Morton D Director C/O SKECHERS U.S.A., INC., 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH /s/ Morton Erlich 12 Sep 2025 0001348533

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SKX Class A Common Stock Disposed to Issuer -$616K -9.78K -68.49% $63.00 4.5K 12 Sep 2025 Direct F1
transaction SKX Class A Common Stock Disposed to Issuer -4.5K -100% 0 12 Sep 2025 Direct F2
transaction SKX Class A Common Stock Disposed to Issuer -41K -100% 0 12 Sep 2025 By The Erlich Family Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Morton Erlich 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, 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 Class A Common Stock and shares of Class A Common Stock underlying unvested restricted stock units, were cancelled and exchanged for the Cash Consideration of $63.00 per share.
F2 In connection with Merger Agreement these shares of Class A Common Stock were cancelled and exchanged for the Merger Consideration, as defined, and in accordance with the elections made by the Reporting Person, under the Merger Agreement.