GREENBERG MICHAEL

President Michael Greenberg sold 33,656 shares of SKX at $60.76 on 2025-03-03 for $2,044,938.56, reducing stake by -19.7%

Michael Greenberg, as President, sold 33,656 shares at $60.76, reducing his holdings from 171,186 to 137,530 shares—a material 19.7% reduction. The transaction occurred when SKX stock was trading -25.2% from its 52-week high of $78.24 and has declined -22.4% over the prior 30 days, suggesting execution during a downturn. Across his same-ticker history at SKX, Greenberg has executed 5 prior sales with mixed timing outcomes: only 1 of 4 measurable 90-day periods saw negative returns (well-timed for a sell), while 3 prior sales were followed by gains of 16.2% to 20.9%, indicating his prior sells have generally not preceded sustained declines. The company's fundamentals remain solid with annual revenue growth of 12.1% and a P/E of 13.89, providing context that the stock's recent weakness may not reflect operational deterioration.

SKX President sells 10,274 shares at $67.48; holds 149.3K shares post-transaction

Michael Greenberg, President of Skechers USA, sold 10,274 shares on 2024-12-31 at $67.48, reducing his holdings by -6.4% to 149,327 shares. The sale occurred near the 52-week high (within -9.7% of $74.50), while the stock has declined -2.7% over the prior 30 days and -1.8% over 90 days. At SKX specifically, his prior 5 trades show a 1-of-5 well-timed rate at the 90-day mark, with modest negative 30-day returns averaging -4.5% but mixed 90-day outcomes averaging +12.7%. The company's fundamentals remain solid: $2.3B in latest quarterly revenue with +7.5% annual growth and $193.2M net income, supported by a reasonable P/E of 19.06. The sale represents a modest portfolio adjustment rather than a dramatic conviction shift, with no indication of material concern about the business.

Skechers President Greenberg sells 422,000 shares ($29.5M) at $69.88; retains 170,160 shares post-transaction.

President Michael Greenberg sold 422,000 shares (422.0K shares) of Skechers USA Inc for $29,488,938.00 ($29.5M) at $69.88 on 2024-08-27, reducing his holdings by 71.3% from 592,160 shares (592.2K shares) to 170,160 shares (170.2K shares). This filing contains a derivative-conversion transaction, meaning his full position encompasses both the open-market shares in Table I and unreported derivative holdings in Table II; the reported post-transaction shares should not be interpreted as a complete exit. Greenberg's prior five sales at Skechers generated positive 90-day returns in all cases (ranging from +4.7% to +20.9%), establishing a pattern of consistently poor timing at this ticker—he has sold before subsequent rallies every time. Fundamentals remain solid with $2.2B in latest quarterly revenue, +7.5% annual growth, and a 19.40 P/E, providing no obvious distress signal, though the stock has declined 4.1% over 90 days and sits 8.1% below its 52-week high of $74.50.