secwatch.observer — SEC 8-K summary
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Issuer:     Crocs, Inc. (CROX)
CIK:        0001334036
Form:       8-K
Filed at:   2025-08-29T23:59:59+00:00
Accession:  0001334036-25-000094
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crocs appoints Patraic Reagan as CFO, succeeding Susan Healy who resigned
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- Susan Healy resigned as EVP/CFO effective Aug 28, 2025; will serve as Special Advisor until Oct 31, 2025.
- Healy receives $25k on Sep 5, $50k on Oct 3, and a $400k lump sum upon signing separation agreement.
- Patraic Reagan appointed EVP/CFO effective Sep 22, 2025; most recently CFO of SharkNinja.
- Reagan compensation: $750k base salary, 100% target bonus, $800k sign-on bonus, $3.5M RSU grant.
- Company reaffirms Q3 2025 financial outlook previously provided on August 7, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1334036/000133403625000094/0001334036-25-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1334036/000133403625000094/crox-20250828.htm
  HTML page:      https://secwatch.observer/filing/0001334036-25-000094

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer