Columbia Sportswear (COLM) director receives 2,657 new shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Sportswear director Christiana Smith Shi acquired 2,657 shares of common stock on May 1, 2026 through the automatic conversion of restricted stock units on a one-for-one basis at no cash cost. After this vesting, she directly holds 8,498 shares, reflecting routine equity compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,657 shares exercised/converted
Mixed
2 txns
Insider
Shi Christiana Smith
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,657 | $0.00 | -- |
| Exercise | Common Stock | 2,657 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 8,498 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert to common stock on a one-for-one basis. The restricted stock units fully vested on May 1, 2026.
Key Figures
RSUs converted: 2,657 shares
Post-transaction holdings: 8,498 shares
Exercise price: $0.00 per share
+1 more
4 metrics
RSUs converted
2,657 shares
Restricted stock units converting to common stock on May 1, 2026
Post-transaction holdings
8,498 shares
Common stock directly held after RSU conversion
Exercise price
$0.00 per share
Reported transaction price for RSU conversion
Derivative position remaining
0 RSUs
Restricted stock units following full vesting and conversion
Key Terms
Restricted Stock Unit, derivative security, vested
3 terms
Restricted Stock Unit financial
"The restricted stock units fully vested on May 1, 2026."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vested financial
"The restricted stock units fully vested on May 1, 2026."
FAQ
What did Christiana Smith Shi do in this Columbia Sportswear (COLM) Form 4?
Director Christiana Smith Shi acquired 2,657 Columbia Sportswear common shares when her restricted stock units converted on May 1, 2026. This was an automatic derivative exercise, not an open-market purchase or sale, and reflects routine equity-based compensation.
What do the restricted stock unit footnotes mean for Columbia Sportswear (COLM)?
The footnotes explain that restricted stock units convert to Columbia Sportswear common stock on a one-for-one basis and fully vested on May 1, 2026. This confirms the transaction reflects scheduled vesting of equity awards, a standard component of director compensation programs.