Columbia Sportswear (NASDAQ: COLM) EVP reports new equity grants and RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
753 shares exercised/converted
Mixed
7 txns
Insider
LUTHER RICHELLE T
Role
EVP, CAO, Gen. Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 375 | $0.00 | -- |
| Exercise | Restricted Stock Units | 378 | $0.00 | -- |
| Exercise | Common Stock | 375 | $0.00 | -- |
| Exercise | Common Stock | 378 | $0.00 | -- |
| Tax Withholding | Common Stock | 245 | $60.18 | $15K |
| Grant/Award | Employee Stock Option (right to buy) | 12,667 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 5,723 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,499 shares (Direct);
Common Stock — 16,594 shares (Direct);
Employee Stock Option (right to buy) — 12,667 shares (Direct)
Footnotes (1)
- Restricted stock units convert to common stock on a one-for-one basis. Shares were withheld by the issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units. 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. 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. 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. 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
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.
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.