Columbia Sportswear (COLM) EVP awarded shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Sportswear EVP Richelle T. Luther reported equity compensation activity involving company common stock. On the stated date, she acquired 744 shares at $0.00 per share as a grant or award tied to performance goals for the 2023–2025 period, following Compensation Committee certification of the payout.
On the same date, 242 shares were disposed of at $60.24 per share to satisfy tax withholding obligations related to that performance share award. After these transactions, her directly held common stock ownership stood at 17,229 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LUTHER RICHELLE T
Role
EVP, CAO, Gen. Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 744 | $0.00 | -- |
| Tax Withholding | Common Stock | 242 | $60.24 | $15K |
Holdings After Transaction:
Common Stock — 17,471 shares (Direct)
Footnotes (1)
- Shares are issuable as a result of satisfaction of performance goals for the 2023-2025 period under a performance share award. Compensation Committee certification of the award payout occurred on the transaction date. Shares were withheld by the issuer to satisfy tax withholding obligations in connection with the payout of the performance share award.
FAQ
What insider transactions did Columbia Sportswear (COLM) report for Richelle T. Luther?
Richelle T. Luther reported a grant of 744 Columbia Sportswear common shares and a disposition of 242 shares. The disposition satisfied tax withholding tied to a performance share award, leaving her with 17,229 directly owned shares after these transactions.
Was the Columbia Sportswear (COLM) insider activity a stock purchase or a compensation award?
The activity reflects a compensation award, not an open-market purchase. Luther received 744 shares through a performance share award for the 2023–2025 period, with part of the shares withheld to cover tax obligations on the payout.