Powers David, President & CEO, has engaged in significant insider trading activity across two companies, DECK and DTC, as reflected in SEC Form 4 filings. Over the course of 30 transactions, David’s trading pattern reveals a pronounced selling bias, with total sell values amounting to $50,024,669.07 compared to total buy values of $2,539,916.65. Notably, all recent transactions since November 2024 have been sales, with nine sell transactions recorded. The majority of these sales involve DECK, with substantial transactions on February 28, 2025, totaling $3,470,967.88, and earlier sales on November 22, 2024, amounting to $6,221,751.04. Additionally, significant sales occurred on June 6, 2024 ($11,902,607.50) and April 15, 2024 ($4,938,909.21), underscoring a consistent trend of divestment in DECK.
David’s activity in DTC is comparatively minimal, with only three transactions recorded, including a modest purchase of $48,456.12 on May 16, 2024, and two acquisitions with no reported value. The absence of recent buys in DECK, coupled with the recurring sales, suggests a strategic reduction in holdings. While the filings do not disclose the reasons behind these transactions, the data highlights a clear focus on liquidating DECK shares, with no indication of recent accumulation in either company. This pattern aligns with a broader trend of insider selling, though the specific motivations remain undisclosed.
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