Swanson Jim A 4
Research Summary
AI-generated summary
Columbia Sportswear (COLM) CFO Jim Swanson Receives RSUs; 797 Shares Withheld
What Happened
- Jim A. Swanson, EVP & Chief Financial Officer of Columbia Sportswear (COLM), had restricted stock units (RSUs) convert to common stock on February 2, 2026. A total of 2,124 shares vested (963 + 1,161).
- To satisfy tax withholding, 797 of those shares were withheld by the issuer at $55.33 per share, producing $44,098 in cash. Net shares issued to Swanson were approximately 1,327.
- This is a routine vesting / tax-withholding event (not an open-market purchase or sale).
Key Details
- Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (not reported late).
- Shares vesting (converted to common): 2,124 shares (963 + 1,161).
- Shares withheld for taxes: 797 shares @ $55.33 = $44,098.
- Net shares received: ~1,327 (2,124 gross − 797 withheld).
- Footnotes: RSUs convert one-for-one to common stock; shares were withheld to satisfy tax withholding tied to RSU vesting. Grants cited vest annually at 25% starting Feb 1, 2023 and Feb 1, 2024.
- Shares owned after transaction: not stated in the filing.
Context
- The filing shows conversion/settlement of RSUs (derivative code M) and tax withholding (code F). The $0 disposition lines reflect cancellation/conversion of the RSU derivative upon settlement.
- This is routine executive compensation vesting and tax withholding — not an indicator of a market buy or sell decision.