Columbia Sportswear (COLM) director receives RSU grants in lieu of $47,500 fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Sportswear director Stephen E. Babson received two grants of restricted stock units on common stock, totaling 750 units in one grant and 2,524 units in another. These awards are compensation, issued in lieu of board service fees of $47,500, and are not open‑market purchases.
The restricted stock units convert into common shares on a one-for-one basis and fully vest on May 3, 2027. Until vesting and settlement, they represent a right to receive shares rather than current stock ownership, reflecting routine equity-based board compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BABSON STEPHEN E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,524 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 750 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,524 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert to common stock on a one-for-one basis. The restricted stock units fully vest on May 3, 2027. Restricted stock units issued to the reporting person in lieu of board service fees in the amount of $47,500.
Key Figures
RSU grant 1: 750 units
RSU grant 2: 2,524 units
Board fees replaced: $47,500
+2 more
5 metrics
RSU grant 1
750 units
Restricted stock units granted on June 10, 2026
RSU grant 2
2,524 units
Restricted stock units granted on June 10, 2026
Board fees replaced
$47,500
RSUs issued in lieu of board service fees
Vesting date
May 3, 2027
Date when RSUs fully vest
Conversion ratio
1-to-1
Each RSU converts into one common share
Key Terms
Restricted Stock Units, one-for-one basis, fully vest, board service fees
4 terms
Restricted Stock Units financial
"Restricted Stock Units convert to common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
one-for-one basis financial
"Restricted stock units convert to common stock on a one-for-one basis."
fully vest financial
"The restricted stock units fully vest on May 3, 2027."
board service fees financial
"Restricted stock units issued to the reporting person in lieu of board service fees in the amount of $47,500."
FAQ
What did Columbia Sportswear (COLM) director Stephen Babson report on this Form 4?
Stephen Babson reported the acquisition of two grants of restricted stock units, one for 750 units and another for 2,524 units. These derivative awards relate to Columbia Sportswear common stock and reflect equity-based compensation rather than open-market share purchases or sales.
How many restricted stock units did Stephen Babson receive from Columbia Sportswear (COLM)?
Stephen Babson received two separate restricted stock unit awards: 750 units in one grant and 2,524 units in another. Each unit is linked to Columbia Sportswear common stock and will convert into shares on a one-for-one basis upon vesting and settlement.
When do Stephen Babson’s Columbia Sportswear (COLM) restricted stock units vest?
The restricted stock units granted to Stephen Babson fully vest on May 3, 2027. Vesting is the date when the units become earned and can convert into common shares, turning the compensation from a contingent right into actual stock ownership, subject to settlement mechanics.
Are Stephen Babson’s Columbia Sportswear (COLM) RSU grants open-market stock purchases?
No. The reported transactions are grants of restricted stock units, not open-market stock purchases. They represent equity compensation awarded by Columbia Sportswear, issued in lieu of board service fees, and carry a conversion right into common stock rather than immediate cash transactions.
What is the value of board fees replaced by Stephen Babson’s Columbia Sportswear (COLM) RSUs?
The restricted stock units were issued to Stephen Babson in lieu of board service fees totaling $47,500. Instead of receiving that amount in cash, he accepted equity-based compensation that will convert into Columbia Sportswear common stock on a one-for-one basis after vesting.