Director Malia H. Wasson granted 2,524 RSUs in Columbia Sportswear (NASDAQ: COLM)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wasson Malia H reported acquisition or exercise transactions in this Form 4 filing.
Columbia Sportswear director Malia H. Wasson received a new equity grant. On the reported date, she was awarded 2,524 restricted stock units at no cash cost. Each unit represents the right to receive one share of Columbia Sportswear common stock if vesting conditions are met.
The restricted stock units fully vest on May 3, 2027, meaning she will receive 2,524 shares of common stock at that time if she remains eligible under the award terms. After this grant, her reported derivative holdings from this award total 2,524 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wasson Malia H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,524 | $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.
Key Figures
RSUs granted: 2,524 units
Grant price: $0.00 per unit
Underlying shares: 2,524 shares
+2 more
5 metrics
RSUs granted
2,524 units
Restricted stock units awarded to director Malia H. Wasson
Grant price
$0.00 per unit
Compensation-related RSU award, not a market purchase
Underlying shares
2,524 shares
Common stock deliverable upon RSU vesting on a one-for-one basis
Post-grant RSU holdings
2,524 units
Total derivative holdings from this award after the transaction
Vesting date
May 3, 2027
Date when all 2,524 restricted stock units fully vest
Key Terms
Restricted Stock Units, Form 4, one-for-one basis, vest
4 terms
Restricted Stock Units financial
"The reporting person was granted 2,524 Restricted Stock Units."
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): details the RSU grant."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
one-for-one basis financial
"Restricted stock units convert to common stock on a one-for-one basis."
vest financial
"The restricted stock units fully vest on May 3, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Columbia Sportswear (COLM) report for Malia H. Wasson?
Columbia Sportswear reported that director Malia H. Wasson received 2,524 restricted stock units as an equity grant. These units were awarded at a price of $0.00 per unit, reflecting a compensation-related stock award rather than a market purchase.
How many restricted stock units did Malia H. Wasson receive in this COLM Form 4?
Malia H. Wasson received 2,524 restricted stock units tied to Columbia Sportswear common stock. Each unit represents one future share, giving her rights to receive 2,524 shares if all vesting conditions are satisfied by the vesting date.
When do Malia H. Wasson’s restricted stock units in Columbia Sportswear (COLM) vest?
The restricted stock units granted to Malia H. Wasson fully vest on May 3, 2027. On that date, assuming she satisfies the award’s conditions, each of the 2,524 units converts into one share of Columbia Sportswear common stock.
What does one-for-one conversion mean for the COLM restricted stock units?
The filing states that the restricted stock units convert to common stock on a one-for-one basis. This means each of the 2,524 units will become one share of Columbia Sportswear common stock upon vesting, with no conversion ratio adjustment.
Is Malia H. Wasson’s COLM Form 4 transaction a purchase or a compensation grant?
The Form 4 describes the transaction as a grant/award acquisition of restricted stock units, not an open-market purchase. She received 2,524 units at a price of $0.00 per unit as part of her compensation as a Columbia Sportswear director.