COO David Weinberg sold 26,913 shares of SKX at $60.76; stock now $58.49, down 22.4% in 30 days
David Weinberg, Chief Operating Officer, sold 26,913 shares at $60.76 on 2025-03-03, reducing his holdings by 37.6% from 71,550 to 44,637 shares. The stock has declined sharply since the sale: -22.4% over 30 days and -25.2% from its 52-week high of $78.24, now trading at $58.49. However, Weinberg's timing pattern at SKX does not show a record of selling before declines—0 of 3 prior measurable sales resulted in negative 90-day returns. His cross-ticker track record across all holdings shows 5 prior sales with a 0.00% well-timed rate, meaning prior sales typically preceded upward price movement rather than downturns. This sale and recent price action cannot yet be evaluated against longer-term patterns, but the stock's recent weakness and the substantial reduction in his position warrant observation of subsequent company developments.