Bragdon Peter J 4
4 · COLUMBIA SPORTSWEAR CO · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Columbia Sportswear (COLM) President Peter Bragdon Exercises RSUs, Withholds Shares
What Happened Peter J. Bragdon, President of Columbia Sportswear Co. (COLM), had two tranches of restricted stock units (RSUs convert 1:1 to common stock) convert to common shares on Feb 2, 2026 — 421 shares from one grant and 464 shares from another (885 shares total). To satisfy tax withholding on the vesting, the issuer withheld 340 shares at $55.33 per share, yielding $18,812. The remaining 545 shares were credited to Bragdon’s holdings.
Key Details
- Transaction date: Feb 2, 2026; Form 4 filed Feb 4, 2026 (timely filing).
- Vesting/conversion: 421 shares and 464 shares (total 885) from RSU grants (see footnotes re: 12.5% semiannual vesting schedules).
- Tax withholding: 340 shares withheld by the issuer at $55.33/share = $18,812 (footnote indicates withholding to satisfy tax obligations).
- Post-transaction shares: filing does not state total shares beneficially owned after the transaction.
- Relevant footnotes: F1 (RSUs convert 1:1), F2 (shares withheld for tax), F3 (some shares held by reporting person's children; disclaimed beneficial ownership), F4/F5 (vesting schedules for the two RSU grants).
- Transaction codes: M = conversion/exercise of derivative (RSU conversion); F = payment of tax liability via share withholding.
Context This was a routine RSU vesting event with a cashless withholding to cover taxes, not an open-market sale or purchase. Such withholding is common and doesn't, by itself, signal insider buying or selling intent. The sizes (421 and 464) match scheduled semiannual vesting tranches from prior RSU grants.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-02+421→ 26,194 total - Exercise/Conversion
Common Stock
[F1]2026-02-02+464→ 26,658 total - Tax Payment
Common Stock
[F2]2026-02-02$55.33/sh−340$18,812→ 26,318 total - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-02−421→ 0 total→ Common Stock (421 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-02-02−464→ 928 total→ Common Stock (464 underlying)
- 2,250(indirect: By Children)
Common Stock
[F3]
Footnotes (5)
- [F1]Restricted stock units convert to common stock on a one-for-one basis.
- [F2]Shares were withheld by the issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units.
- [F3]Shares are held by the reporting person's children sharing the reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his children, and this report should not be deemed an admission that the reporting person is the beneficial owner of his children's shares for purposes of Section 16 or for any other purpose.
- [F4]The grant of 3,370 restricted stock units vests at 12.5% every six months beginning on August 1, 2022. If a vesting date falls on a day on which the securities exchange is closed, affected RSUs shall vest on the next securities exchange business day.
- [F5]The grant of 3,715 restricted stock units vests at 12.5% every six months beginning on August 1, 2023. If a vesting date falls on a day on which the securities exchange is closed, affected RSUs shall vest on the next securities exchange business day.