Amer Sports (NYSE: AS) CFO sells shares after exercising stock options

Rhea-AI Filing Summary

Amer Sports, Inc. Chief Financial Officer Andrew E. Page exercised stock options and sold shares in a coordinated series of transactions. He exercised options to acquire 97,485 ordinary shares at $14.19 per share, then sold a total of 105,230 ordinary shares in open-market trades at weighted-average prices in the mid‑$36 range. Following these transactions, he continues to hold 11,828 ordinary shares directly and 60,984 stock options that remain outstanding.

Insights

Equity compensation and insider-trading analyst

CFO executes option exercise-and-sell, retaining shares and options.

CFO Andrew E. Page exercised stock options to acquire 97,485 Amer Sports ordinary shares at $14.19 per share, then sold 105,230 shares in open-market transactions at weighted-average prices around the mid-$36 range.

This pattern is a classic exercise-and-sell: options granted under the 2023 ESOP were converted into shares and largely sold, while 60,984 options remain outstanding until December 31, 2029. The filing shows ongoing equity exposure through 11,828 directly held shares and remaining options.

The net effect is a reduction in current share holdings but continued alignment via unexercised options. The document does not reference any Rule 10b5‑1 trading plan, so timing context beyond what is disclosed is not indicated.

Insider Trade Summary

Net Seller: 105,230 shares ($3,867,726)

Net Sell 4 txns

Insider Page Andrew E

Role Chief Financial Officer

Sold 105,230 shs ($3.87M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	97,485	$0.00	--
Exercise	Ordinary Shares	97,485	$14.19	$1.38M
Sale	Ordinary Shares	97,485	$36.7531	$3.58M
Sale	Ordinary Shares	7,745	$36.7786	$285K

Holdings After Transaction: Stock Option (Right to Buy) — 60,984 shares (Direct, null); Ordinary Shares — 109,313 shares (Direct, null)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.62 to $36.85, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.74 to $36.82, 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. Reflects stock options to purchase ordinary shares of the Issuer granted on April 20, 2023 pursuant to the Amer Sports, Inc. 2023 Stock Option Plan Rules (as amended from time to time, the "2023 ESOP"). 42,485 of these stock options became fully vested and exercisable on April 20, 2026. The other 115,984 options became fully vested and exercisable on February 27, 2026.

Key Figures

Shares sold: 105,230 shares Option exercise price: $14.19/share Weighted-average sale price (block 1): $36.7786/share +3 more

6 metrics

Shares sold 105,230 shares Total ordinary shares sold in open-market transactions on May 26, 2026

Option exercise price $14.19/share Exercise price for 97,485 stock options converted into ordinary shares

Weighted-average sale price (block 1) $36.7786/share 7,745-share ordinary share sale on May 26, 2026

Weighted-average sale price (block 2) $36.7531/share 97,485-share ordinary share sale on May 26, 2026

Shares held after transactions 11,828 shares Directly owned Amer Sports ordinary shares following reported sales

Options remaining 60,984 options Stock options outstanding after exercise, expiring December 31, 2029

Key Terms

open-market sale, Stock Option (Right to Buy), weighted average price, 2023 Stock Option Plan Rules, +1 more

5 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Stock Option (Right to Buy) financial

"security_title": "Stock Option (Right to Buy)""

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

2023 Stock Option Plan Rules financial

"granted on April 20, 2023 pursuant to the Amer Sports, Inc. 2023 Stock Option Plan Rules"

Exercise or conversion of derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Page Andrew E

(Last) (First) (Middle)

C/O AMER SPORTS, INC.

149 FIFTH AVENUE, 13TH FLOOR

(Street)

NEW YORK NEW YORK 10010

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Amer Sports, Inc. [ AS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	05/26/2026		M		97,485	A	$14.19	109,313	D
Ordinary Shares	05/26/2026		S		97,485	D	$36.7531(1)	11,828	D
Ordinary Shares	05/26/2026		S		7,745	D	$36.7786(2)	4,083	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$14.19	05/26/2026		M			97,485	(3)	12/31/2029	Ordinary Shares	97,485	$0	60,984	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.62 to $36.85, 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.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.74 to $36.82, 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.

3. Reflects stock options to purchase ordinary shares of the Issuer granted on April 20, 2023 pursuant to the Amer Sports, Inc. 2023 Stock Option Plan Rules (as amended from time to time, the "2023 ESOP"). 42,485 of these stock options became fully vested and exercisable on April 20, 2026. The other 115,984 options became fully vested and exercisable on February 27, 2026.

Remarks:

	/s/ Sara Bucholtz, as attorney-in-fact	05/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Amer Sports (AS) CFO Andrew Page report?

Amer Sports CFO Andrew Page reported exercising stock options to acquire 97,485 ordinary shares at $14.19 per share, then selling 105,230 ordinary shares in open-market transactions at weighted-average prices in the mid-$36 range, according to the Form 4 filing.

How many Amer Sports (AS) shares did the CFO sell and at what prices?

The CFO sold 105,230 Amer Sports ordinary shares in two open-market blocks. Weighted-average prices ranged from $36.62 to $36.85 for one block and $36.74 to $36.82 for the other, based on detailed price ranges disclosed in the Form 4 footnotes.

What stock options did the Amer Sports (AS) CFO exercise in this Form 4?

Andrew Page exercised stock options covering 97,485 Amer Sports ordinary shares at an exercise price of $14.19 per share. These options were granted under the 2023 Stock Option Plan Rules and had become fully vested and exercisable during 2026, as described in the footnotes.

How many Amer Sports (AS) shares and options does the CFO hold after the transactions?

After the reported transactions, the CFO holds 11,828 Amer Sports ordinary shares directly and 60,984 stock options. The remaining options relate to the 2023 stock option grant and are scheduled to expire on December 31, 2029, if not exercised earlier.

Were the Amer Sports (AS) CFO share sales in this Form 4 single trades or multiple trades?

The sales were reported as weighted-average prices and occurred in multiple trades. Footnotes state the 7,745-share and 97,485-share blocks were each sold in numerous transactions within disclosed price ranges, and detailed trade-by-trade information is available upon request.