Amer Sports GC sells 662 shares in tax-cover trade
Amer Sports, Inc. General Counsel Jutta C. Karlsson exercised 1,485 Restricted Stock Units into Ordinary Shares and conducted an automatic sale tied to tax withholding.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Amer Sports, Inc. General Counsel Jutta C. Karlsson exercised 1,485 Restricted Stock Units into Ordinary Shares and conducted an automatic sale tied to tax withholding. A total of 662 Ordinary Shares were sold at a weighted average price of $36.26 per share to cover tax obligations upon vesting.
After these transactions, Karlsson directly holds 11,791 Ordinary Shares and 1,484 remaining Restricted Stock Units. The filing describes the sale as a non-discretionary “sell to cover” arrangement rather than a voluntary open-market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 662 | $36.26 | $24K |
| Exercise | Restricted Stock Units | 1,485 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 1,485 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one Ordinary Share of Amer Sports, Inc.
- F2. Shares sold pursuant to a sell to cover transaction to satisfy tax withholding obligations upon the vesting of equity awards. The sales were executed automatically pursuant to a sell to cover arrangement and do not represent a discretionary trade by the Reporting Person.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.08 to $36.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. Reflects restricted stock units granted under the Amer Sports, Inc. 2024 Omnibus Incentive Plan (the "2024 Omnibus Plan") on April 15, 2024, which are scheduled to vest in generally equal installments on the second and third anniversaries of the grant date, subject to the terms of the 2024 Omnibus Plan and the applicable award agreement.
Key Figures
Key Terms
Restricted Stock Units financial
sell to cover financial
weighted average price financial
2024 Omnibus Incentive Plan financial
equity awards financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Amer Sports (AS) report for Jutta C. Karlsson?
Was the Amer Sports (AS) insider sale by Jutta C. Karlsson a discretionary trade?
What are the terms of Jutta C. Karlsson’s Amer Sports (AS) Restricted Stock Units?
AI-generated analysis. How Rhea-AI works. Not financial advice.