Columbia Sportswear EVP gets new option and RSU awards

Columbia Sportswear executive Richelle T. Luther, EVP, CAO and General Counsel, reported multiple equity transactions.

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Rhea-AI Filing Summary

Columbia Sportswear executive Richelle T. Luther, EVP, CAO and General Counsel, reported multiple equity transactions. On February 27, 2026 she received a grant of 12,667 employee stock options and 5,723 restricted stock units, both vesting in 12.5% installments every six months under the described schedules.

On March 2, 2026, previously granted restricted stock units converted to common stock on a one-for-one basis, resulting in acquisitions of 375 and 378 common shares. In a related move, 245 common shares at $60.18 were withheld by Columbia Sportswear to cover tax withholding obligations tied to the RSU vesting.

Insider Trade Summary

753 shares exercised/converted

Exercise 7 txns

Insider LUTHER RICHELLE T

Role EVP, CAO, Gen. Counsel

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	375	$0.00	$0.00
Exercise	Restricted Stock Units	378	$0.00	$0.00
Exercise	Common Stock	375	$0.00	$0.00
Exercise	Common Stock	378	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	245	$60.18	$15K
Grant/Award	Employee Stock Option (right to buy)	12,667	$0.00	$0.00
Grant/Award	Restricted Stock Units	5,723	$0.00	$0.00

Holdings After Transaction: Employee Stock Option (right to buy) — 12,667 contracts (Direct); Restricted Stock Units — 9,484 contracts (Direct); Common Stock — 16,727 shares (Direct)

Footnotes (6)

F1. Restricted stock units convert to common stock on a one-for-one basis.
F2. Shares were withheld by the issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units.
F3. The option was granted for 12,667 shares on February 27, 2026 and becomes exercisable for 12.5% of the shares on each of the first eight six-month anniversaries of the grant date.
F4. The grant of 5,723 restricted stock units vests at 12.5% every six months beginning on September 1, 2026. 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.
F5. The grant of 2,999 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.
F6. The grant of 3,018 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.

FAQ

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What equity awards did Columbia Sportswear (COLM) grant to Richelle T. Luther?

Columbia Sportswear granted Richelle T. Luther 12,667 employee stock options and 5,723 restricted stock units. Both awards were granted on February 27, 2026 and vest in 12.5% increments every six months, subject to the specific vesting schedules described in the filing footnotes.

How do Richelle T. Luther’s restricted stock units in COLM vest over time?

Luther’s restricted stock units vest in 12.5% installments every six months under several grants. One 5,723-unit grant begins vesting September 1, 2026, while earlier grants of 2,999 and 3,018 units began on September 1, 2024 and September 1, 2025, respectively, subject to exchange business days.

What RSU conversions to Columbia Sportswear common stock were reported?

On March 2, 2026, restricted stock units converted to Columbia Sportswear common stock on a one-for-one basis. The transactions show 375 and 378 shares of common stock acquired upon RSU vesting, increasing Richelle T. Luther’s directly held common stock balances as reflected after each transaction.

Why were some Columbia Sportswear (COLM) shares withheld in this Form 4?

Columbia Sportswear withheld 245 common shares at $60.18 per share to satisfy tax withholding obligations. These shares were retained by the issuer in connection with the vesting of restricted stock units, rather than representing an open-market sale by Richelle T. Luther.

What is the vesting schedule for Richelle T. Luther’s new COLM stock options?

The 12,667-share employee stock option grant becomes exercisable for 12.5% of the shares on each of the first eight six-month anniversaries of the February 27, 2026 grant date. This structure spreads potential option exercises evenly over a four-year period.

Does Richelle T. Luther directly own the reported Columbia Sportswear shares?

All reported holdings are listed as directly owned, with ownership type coded as “D” and no footnotes indicating indirect ownership or lack of voting or investment power. This means the Form 4 attributes the holdings and transactions directly to Richelle T. Luther.

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Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/03/2026 - 04:13 PM EST

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

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)
02/27/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/02/2026		M		375	A	⁽¹⁾	16,594	D
Common Stock	03/02/2026		M		378	A	⁽¹⁾	16,972	D
Common Stock	03/02/2026		F		245⁽²⁾	D	$60.18	16,727	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$61.94	02/27/2026		A		12,667		⁽³⁾	02/27/2036	Common Stock	12,667	$0	12,667	D
Restricted Stock Units	⁽¹⁾	02/27/2026		A		5,723		⁽⁴⁾	⁽⁴⁾	Common Stock	5,723	$0	5,723	D
Restricted Stock Units	⁽¹⁾	03/02/2026		M			375	⁽⁵⁾	⁽⁵⁾	Common Stock	375	$0	1,499	D
Restricted Stock Units	⁽¹⁾	03/02/2026		M			378	⁽⁶⁾	⁽⁶⁾	Common Stock	378	$0	2,262	D

Explanation of Responses:

1. Restricted stock units convert to common stock on a one-for-one basis.

2. Shares were withheld by the issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units.

3. The option was granted for 12,667 shares on February 27, 2026 and becomes exercisable for 12.5% of the shares on each of the first eight six-month anniversaries of the grant date.

4. The grant of 5,723 restricted stock units vests at 12.5% every six months beginning on September 1, 2026. 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.

5. The grant of 2,999 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.

6. The grant of 3,018 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.

Remarks:

	Christina A. Mecklenborg, Attorney-in-Fact	03/03/2026
	** 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.

Source: View Original Filing on SEC EDGAR