SKECHERS Executives Sell 603,401 Shares in the Company on September 12, 2025.

SKECHERS USA INC. has recently disclosed that various directors have sold shares of the company. Specifically, Director Katherine J. Blair, Director Morton D. Erlich, Director Zulema Garcia, Director Michael Greenberg, Director Robert Greenberg, Director Yolanda Macias, and various other executives and officers have collectively sold a total of 9783 shares, 125528 shares, 157408 shares, 9783 shares, 36656 shares, 30000 shares, and 63137 shares, respectively, at a price of $63 per share on September 12, 2025.

Skechers USA Inc. (NYSE: SKX) has seen significant shareholder activity ahead of its acquisition by 3G Capital Inc. On September 12, 2025, various directors and executives of Skechers sold a substantial number of shares. Director Katherine J. Blair sold 9783 shares, Director Morton D. Erlich sold 125528 shares, Director Zulema Garcia sold 157408 shares, Director Michael Greenberg sold 9783 shares, Director Robert Greenberg sold 36656 shares, Director Yolanda Macias sold 30000 shares, and other executives and officers sold 63137 shares, all at a price of $63 per share 3G Fund Vi, L.P., fund managed by 3G Capital, Inc completed the acquisition of Skechers U.S.A., Inc. from Skechers Voting Trust, FMR LLC, The Vanguard Group, Inc., BlackRock, Inc. and others.^[1].

This sale comes as 3G Capital is set to acquire Skechers for $9.7 billion, with a per-share price of $63.00, representing a 30% premium over Skechers' 15-day volume-weighted average stock price. The transaction, which includes an option for existing shareholders to receive a mix of cash and equity units, has been unanimously approved by Skechers' board of directors 3G Fund Vi, L.P., fund managed by 3G Capital, Inc completed the acquisition of Skechers U.S.A., Inc. from Skechers Voting Trust, FMR LLC, The Vanguard Group, Inc., BlackRock, Inc. and others.^[1].

The sale of shares by directors and executives is a common practice ahead of major transactions, as insiders often seek to secure their financial interests before a significant change in ownership. This move is particularly notable given the substantial premium offered by 3G Capital and the impending privatization of Skechers.

As of September 12, 2025, the transaction is expected to close, subject to customary closing conditions. Skechers stockholders holding approximately 60% of the combined voting power of the outstanding shares of Skechers common stock have already approved the transaction by written consent 3G Fund Vi, L.P., fund managed by 3G Capital, Inc completed the acquisition of Skechers U.S.A., Inc. from Skechers Voting Trust, FMR LLC, The Vanguard Group, Inc., BlackRock, Inc. and others.^[1].