[Form 4] Columbia Sportswear Co Insider Trading Activity

Rhea-AI Filing Summary

On 05/12/2025, Joseph P. Boyle, Executive Vice President and Columbia Brand President of Columbia Sportswear Co. (COLM), filed a Form 4 reporting a Code G transaction—classified as a bona-fide gift. The filing shows that 25,362 shares of common stock were transferred at a price of $0.00. After the transaction, Boyle directly owns 2,695,182 shares and indirectly controls an additional 209,603 shares through a trust. Because no cash changed hands and the shares were not sold into the market, the transaction is generally viewed as neutral from an investor-sentiment and supply-demand standpoint. Boyle’s sizeable remaining stake suggests continued alignment of interests between the executive and shareholders.

Positive

• Insider retains 2,695,182 direct shares, indicating continued alignment with shareholder interests.

Negative

• None.

Insights

Financial Analyst

Bona-fide gift of 25,362 COLM shares; insider still holds ~2.7 m shares. Neutral signal, no cash exchanged, minimal market impact.

The Form 4 discloses a non-discretionary Code G transfer by EVP Joseph Boyle. Since gifts are neither purchases nor sales, they do not typically convey bullish or bearish sentiment. Boyle’s post-transaction direct ownership remains substantial at 2.7 million shares, or roughly 4–5 % of outstanding shares (exact float not provided in the filing), maintaining strong insider alignment. Given the lack of monetary consideration and unchanged economic exposure, the filing is not impactful for valuation or liquidity. Investors may view the continued high ownership as a modestly positive governance signal, but it does not alter the investment thesis.

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
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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^*

Boyle Joseph P

(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 Columbia Brand President

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2025

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	05/12/2025		G		25,362	A	$0	2,695,182	D
Common Stock								209,603	I	By Trust

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:

Remarks:

	Christina A. Mecklenborg, Attorney-in-Fact	07/14/2025
	** 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

How many Columbia Sportswear (COLM) shares did Joseph P. Boyle gift on 05/12/2025?

He gifted 25,362 shares of common stock.

What is Joseph P. Boyle’s direct ownership in COLM after the gift?

He directly owns 2,695,182 shares.

What does transaction code "G" mean in this Form 4?

Code G denotes a bona-fide gift, with no cash consideration.

Was any cash involved in the reported transaction?

No. The shares were transferred at $0.00 per share.

How many COLM shares does Boyle hold indirectly?

He holds 209,603 shares indirectly through a trust.

Does this Form 4 suggest bullish or bearish insider sentiment?

The filing is generally neutral; gifts do not reflect active buying or selling decisions.