Sabrina Simmons trades Columbia Sportswear (COLM) shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COLUMBIA SPORTSWEAR CO director Sabrina Simmons exercised and sold shares of company stock. On May 1, 2026, she exercised 2,657 restricted stock units, which converted into the same number of common shares at no cost when the units fully vested. On May 4, 2026, she sold 1,329 common shares in an open-market transaction at $61.24 per share under a pre-arranged Rule 10b5-1 trading plan adopted on November 12, 2025. After these transactions, she directly holds 8,260 common shares, and no restricted stock units remain outstanding from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,329 shares ($81,388)
Net Sell
3 txns
Insider
SIMMONS SABRINA
Role
null
Sold
1,329 shs ($81K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,329 | $61.24 | $81K |
| Exercise | Restricted Stock Units | 2,657 | $0.00 | -- |
| Exercise | Common Stock | 2,657 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,260 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert to common stock on a one-for-one basis. The reported sale of 1,329 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 12, 2025. The restricted stock units fully vested on May 1, 2026.
Key Figures
Shares sold: 1,329 shares
Sale price: $61.24 per share
RSUs exercised: 2,657 units
+2 more
5 metrics
Shares sold
1,329 shares
Open-market sale of common stock on May 4, 2026
Sale price
$61.24 per share
Price for 1,329 common shares sold
RSUs exercised
2,657 units
Restricted stock units converted to common stock on May 1, 2026
Shares held after transactions
8,260 shares
Direct common stock ownership following reported trades
Net shares sold
1,329 shares
Net buy/sell direction reported as net-sell
Key Terms
Restricted stock units, Rule 10b5-1 trading plan, derivative security
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.
Rule 10b5-1 trading plan financial
"The reported sale of 1,329 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Sabrina Simmons report in Columbia Sportswear (COLM) Form 4?
Sabrina Simmons reported exercising 2,657 restricted stock units into common stock and selling 1,329 common shares. The sale followed the vesting of her restricted stock units and was executed as an open-market transaction under a pre-arranged Rule 10b5-1 trading plan.
What happened to Sabrina Simmons’ restricted stock units in this Columbia Sportswear (COLM) filing?
A total of 2,657 restricted stock units fully vested on May 1, 2026 and automatically converted into 2,657 shares of Columbia Sportswear common stock on a one-for-one basis. Following this conversion, no restricted stock units from this particular award remained outstanding.