Columbia Sportswear Insider Report: RSU Conversion and Share Withholding
Rhea-AI Filing Summary
Peter J. Bragdon, Executive Vice President, Chief Administrative Officer and General Counsel of Columbia Sportswear Company (COLM), reported multiple transactions on 09/02/2025 related to restricted stock units and common stock.
Restricted stock units convert one-for-one to common shares. Some vested RSUs converted to common stock and a portion of shares were withheld by the issuer to satisfy tax withholding. The filing also reports a disposition of 25,819 common shares at a price of $56.37. The report discloses 1,200 shares held indirectly by the reporting person’s children, which the reporting person disclaims as beneficially owned.
Positive
- Restricted stock units converted one-for-one to common stock, demonstrating standard equity compensation delivery
- Issuer withheld shares to satisfy tax obligations, which is a routine administrative action
- Clear disclosure of indirect holdings (1,200 shares held by reporting person’s children) and disclaimer of beneficial ownership
Negative
- None.
Insights
TL;DR: Routine equity compensation vesting with tax withholding and a share disposition at $56.37; not a material governance event.
The transactions reflect scheduled vesting and conversion of restricted stock units into common shares with shares withheld to satisfy tax obligations. The reported disposition of 25,819 shares at $56.37 appears tied to tax withholding rather than a distinct open-market sale for liquidity; the filing does not state intent beyond the withholding explanation. Total direct and indirect holdings shown are consistent with executive equity compensation activity and internal family-held shares are specifically disclaimed by the reporting person.
TL;DR: Disclosure aligns with Section 16 reporting norms; information is routine and not materially adverse.
The Form 4 documents vesting-related conversions of RSUs to common stock and associated withholding. The filing includes explicit statements disclosing indirect ownership by the reporting person’s children and a clear tax-withholding explanation. There are no indications of unusual executive disposals, leadership changes, or other governance events in this submission.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 619 | $0.00 | -- |
| Exercise | Restricted Stock Units | 617 | $0.00 | -- |
| Exercise | Common Stock | 619 | $0.00 | -- |
| Exercise | Common Stock | 617 | $0.00 | -- |
| Tax Withholding | Common Stock | 403 | $56.37 | $23K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted stock units convert to common stock on a one-for-one basis. Shares were withheld by the issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units. Shares are held by the reporting person's children sharing the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his children, and this report should not be deemed an admission that the reporting person is the beneficial owner of his children's shares for purposes of Section 16 or for any other purpose. The grant of 4,947 restricted stock units vests at 12.5% every six months beginning on September 1, 2024. If a vesting date falls on a day on which the securities exchange is closed, affected RSUs shall vest on the next securities exchange business day. The grant of 4,932 restricted stock units vests at 12.5% every six months beginning on September 1, 2025. If a vesting date falls on a day on which the securities exchange is closed, affected RSUs shall vest on the next securities exchange business day.
