COLM: Founder Boyle Discloses 23.0M Shares, 42% Ownership

Rhea-AI Filing Summary

Timothy P. Boyle reports beneficial ownership of 23,013,337 shares of Columbia Sportswear Company common stock, representing approximately 42.0% of 54,770,067 issued and outstanding shares as of July 25, 2025. The reported holdings include shares held in trusts and 79,284 stock options exercisable within 60 days of August 14, 2025.

The filing breaks down voting and dispositive power: 23,012,323 shares are reported as sole voting and dispositive power, with 1,014 shares as shared voting and dispositive power. Specific holdings include 2,000 shares in a stock voting trust and 11,659,819 shares held in grantor retained annuity trusts for which Mr. Boyle is trustee and income beneficiary.

Positive

• Large ownership stake (42.0%) indicating clear, material influence over corporate decisions
• Substantial sole voting and dispositive power (23,012,323 shares) centralizes authority and can enable strategic continuity

Negative

• High ownership concentration (42.0%) may reduce influence of minority shareholders
• Significant holdings held via trusts could complicate transparency around future voting behavior or succession outcomes

Insights

Securities Analyst

TL;DR: Founder-level ownership of 42.0% signals concentrated control and material influence over Columbia Sportswear.

Mr. Boyle's reported 42.0% stake is a substantial ownership position that likely confers significant governance influence. The breakdown shows virtually all shares are under his sole voting and dispositive control (23,012,323 shares), with only 1,014 shares shared. Inclusion of 79,284 options exercisable within 60 days increases near-term potential voting power. For investors, this degree of concentration is material because it can determine board composition and corporate strategy without needing broad shareholder consensus.

Corporate Governance Expert

TL;DR: The filing documents trustee-held and trust-structured holdings, indicating estate and succession planning layers around a controlling stake.

The ownership details specify multiple trust vehicles: a stock voting trust (2,000 shares) and large grantor retained annuity trusts (11,659,819 shares) where Mr. Boyle is trustee and income beneficiary. These structures can affect how voting and economic rights are exercised over time and may reflect estate or succession planning. The filer invokes Rule 13d-4 language to limit attribution of certain trust-held shares, which is a standard disclosure step but important for precisely defining beneficial ownership under the securities rules.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 26)

Columbia Sportswear Company

(Name of Issuer)

Common Stock

(Title of Class of Securities)

198516106

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 198516106

1

Names of Reporting Persons

Timothy P. Boyle

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 23,012,323.00
6	Shared Voting Power 1,014.00
7	Sole Dispositive Power 23,012,323.00
8	Shared Dispositive Power 1,014.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

23,013,337.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

42.0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Columbia Sportswear Company
(b)	Address of issuer's principal executive offices: 14375 NW Science Park Drive, Portland, OR, 97229
Item 2.
(a)	Name of person filing: Timothy P. Boyle
(b)	Address or principal business office or, if none, residence: 14375 NW Science Park Drive, Portland, Oregon 97229
(c)	Citizenship: United States of America
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 198516106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: Under the rules and regulations of the Securities and Exchange Commission, as of August 14, 2025, Mr. Boyle may be deemed to be the beneficial owner of a total of 23, 013,337 shares of Issuer Common Stock. This amount includes (i) 2,000 shares held in a stock voting trust, of which Mr. Boyle is the trustee; (ii) 11,659,819 shares held in grantor retained annuity trusts for which Mr. Boyle is the trustee and income beneficiary; (iii) 1,014 shares held in a trust for Mrs. Boyle, of which she is the trustee; and (iv) 79,284 stock options exercisable within 60 days of August 14, 2025. Pursuant to Rule 13d-4, this filing shall not be construed as an admission that Mr. Boyle is, for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owner of the securities identified in clause (iii) of this paragraph.
(b)	Percent of class: Mr. Boyle's beneficial ownership of Issuer Common Stock represented approximately 42.0% of the Issuer's 54,770,067 issued and outstanding shares of such stock as of July 25, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 23,012,323
	(ii) Shared power to vote or to direct the vote: 1,014
	(iii) Sole power to dispose or to direct the disposition of: 23,012,323
	(iv) Shared power to dispose or to direct the disposition of: 1,014
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10. Certifications:

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Timothy P. Boyle

Signature:	/s/ TIMOTHY P. BOYLE
Name/Title:	Timothy P. Boyle
Date:	08/14/2025

FAQ

How many Columbia Sportswear (COLM) shares does Timothy P. Boyle beneficially own?

The filing reports 23,013,337 shares beneficially owned by Timothy P. Boyle.

What percentage of COLM does Timothy P. Boyle own?

Mr. Boyle's holdings represent approximately 42.0% of the company's 54,770,067 issued and outstanding shares as of July 25, 2025.

How many shares does Mr. Boyle have sole voting power over?

He has sole voting power over 23,012,323 shares.

Are there options included in the reported ownership?

Yes, the amount includes 79,284 stock options exercisable within 60 days of August 14, 2025.

Does Mr. Boyle hold shares through trusts?

Yes. Holdings include 2,000 shares in a stock voting trust and 11,659,819 shares in grantor retained annuity trusts for which he is trustee and income beneficiary.