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Columbia Sportswear (COLM) EVP awarded shares, withholds stock for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
LUTHER RICHELLE T

(Last) (First) (Middle)
C/O COLUMBIA SPORTSWEAR COMPANY
14375 NW SCIENCE PARK DRIVE

(Street)
PORTLAND OR 97229

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
COLUMBIA SPORTSWEAR CO [ COLM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CAO, Gen. Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Common Stock 03/04/2026 A 744(1) A $0 17,471 D
Common Stock 03/04/2026 F 242(2) D $60.24 17,229 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
Explanation of Responses:
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.
2. Shares were withheld by the issuer to satisfy tax withholding obligations in connection with the payout of the performance share award.
Remarks:
Christina A. Mecklenborg, Attorney-in-Fact 03/06/2026
** 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.

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.

Why were some Columbia Sportswear (COLM) shares disposed of in Richelle Luther’s Form 4?

The 242 disposed shares were withheld by Columbia Sportswear to cover tax withholding obligations. This occurred in connection with the payout of Luther’s performance share award, rather than a discretionary market sale of shares by the executive.

How many Columbia Sportswear (COLM) shares does Richelle T. Luther own after the reported Form 4?

After the reported grant and tax-withholding disposition, Richelle T. Luther directly owns 17,229 Columbia Sportswear common shares. This figure reflects her position following certification and payout of the 2023–2025 performance share award.

What period did the Columbia Sportswear (COLM) performance share award cover for Richelle Luther?

The performance share award that generated the 744-share grant covered the 2023–2025 performance period. The Compensation Committee certified the award payout on the transaction date, triggering issuance of the shares and related tax withholding.
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