Columbia Sportswear (COLM) EVP granted shares, some withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Sportswear executive Lisa Kulok reported a mix of stock award and tax withholding transactions. She acquired 780 shares of common stock at $0.00 per share as a grant tied to performance goals for the 2023–2025 period, following Compensation Committee certification on the transaction date. In a separate move, 270 shares at $60.24 per share were withheld by the company to cover tax obligations related to this performance share payout, reducing the net shares she retained. After these transactions, she directly owned 7,118 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kulok Lisa
Role
EVP, COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 780 | $0.00 | -- |
| Tax Withholding | Common Stock | 270 | $60.24 | $16K |
Holdings After Transaction:
Common Stock — 7,388 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 COLM executive Lisa Kulok report?
Lisa Kulok reported receiving a stock grant and a related tax withholding. She acquired 780 Columbia Sportswear common shares as a performance-based award, while 270 shares were withheld by the company to satisfy tax obligations linked to that performance share payout.
Was the COLM insider Form 4 a stock sale by Lisa Kulok?
The Form 4 does not show an open-market sale by Lisa Kulok. It reports 270 Columbia Sportswear shares withheld by the issuer for taxes in connection with a performance share award payout, which is categorized as a tax-withholding disposition, not a discretionary sale.
What performance period is tied to Lisa Kulok’s COLM stock award?
The stock grant relates to performance goals for the 2023–2025 period. The filing notes that the shares are issuable upon satisfaction of those performance goals, with the Compensation Committee certifying the payout on the transaction date before the award was settled in shares.