Director at Columbia Sportswear (COLM) receives new RSU compensation awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CULVER JOHN reported acquisition or exercise transactions in this Form 4 filing.
Columbia Sportswear director John Culver reported receiving restricted stock unit awards as equity compensation. On June 10, 2026, he was granted 750 restricted stock units and a separate grant of 2,524 restricted stock units, each convertible into the same number of common shares on a one-for-one basis.
The footnotes state that these restricted stock units fully vest on May 3, 2027. One of the grants was issued in lieu of $47,500 of board service fees, showing part of his director compensation is paid in stock-based awards rather than cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CULVER JOHN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,524 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 750 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,524 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert to common stock on a one-for-one basis. The restricted stock units fully vest on May 3, 2027. Restricted stock units issued to the reporting person in lieu of board service fees in the amount of $47,500.
Key Figures
RSU grant 1: 750 restricted stock units
RSU grant 2: 2,524 restricted stock units
Underlying shares grant 1: 750 common shares
+3 more
6 metrics
RSU grant 1
750 restricted stock units
Grant to John Culver on June 10, 2026
RSU grant 2
2,524 restricted stock units
Grant to John Culver on June 10, 2026
Underlying shares grant 1
750 common shares
One-for-one conversion of first RSU grant
Underlying shares grant 2
2,524 common shares
One-for-one conversion of second RSU grant
Board fees replaced
$47,500
RSUs issued in lieu of board service fees
Vesting date
May 3, 2027
Restricted stock units fully vest on this date
Key Terms
Restricted stock units, one-for-one basis, board service fees
3 terms
Restricted stock units financial
"Restricted stock units convert to common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
one-for-one basis financial
"Restricted stock units convert to common stock on a one-for-one basis."
board service fees financial
"Restricted stock units issued to the reporting person in lieu of board service fees in the amount of $47,500."
FAQ
What insider activity did Columbia Sportswear (COLM) report in this Form 4?
Columbia Sportswear reported that director John Culver received grants of restricted stock units. Two awards of 750 and 2,524 units were issued as equity compensation, giving him rights to future Columbia common shares after vesting.
How many restricted stock units were granted to John Culver at Columbia Sportswear (COLM)?
John Culver received two restricted stock unit awards. One grant covered 750 units and the other covered 2,524 units, each tied to the same number of Columbia Sportswear common shares on a one-for-one conversion basis.
When do John Culver’s Columbia Sportswear (COLM) restricted stock units vest?
The filing states that John Culver’s restricted stock units fully vest on May 3, 2027. Once vested, the units convert into Columbia Sportswear common stock, subject to the one-for-one conversion ratio described in the footnotes.
How do Columbia Sportswear (COLM) restricted stock units convert into common stock for John Culver?
The footnotes say the restricted stock units convert into Columbia Sportswear common stock on a one-for-one basis. Each unit becomes one share after vesting, giving John Culver direct equity exposure once the vesting conditions are met.
What cash amount of Columbia Sportswear (COLM) board fees was replaced by RSUs?
The filing notes that restricted stock units were issued in lieu of board service fees of $47,500. This means a portion of John Culver’s director compensation was paid in equity awards instead of receiving that amount in cash.