LUTHER RICHELLE T 4
4 · COLUMBIA SPORTSWEAR CO · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Columbia Sportswear (COLM) EVP Richelle T. Luther Receives 1,180 Shares
What Happened
Richelle T. Luther, EVP / CAO / General Counsel of Columbia Sportswear Co. (COLM), had restricted stock units convert to common stock on February 2, 2026. A total of 1,180 RSUs converted into shares; 453 of those shares were withheld by the company to satisfy tax withholding obligations (valued at $25,064 based on $55.33/share), leaving a net 727 shares issued to Luther. This was an award/vesting event rather than an open-market purchase or voluntary sale.
Key Details
- Transaction date: February 2, 2026; Form 4 filed February 4, 2026 (timely filing).
- Conversion/derivative entries: 571 and 609 RSU conversions reported (total 1,180).
- Tax withholding: 453 shares withheld at $55.33 each for $25,064 (reported as payment of tax liability).
- Net shares delivered to insider (based on filing data): 1,180 − 453 = 727 shares.
- Shares owned after the transaction: not specified in the provided filing data.
- Footnotes: RSUs convert one-for-one to common stock; withholding was used to satisfy tax obligations; the underlying grants vest 25% annually per the cited grant schedules.
Context
This was a routine vesting/settlement of restricted stock units with net-share withholding to cover taxes (similar to a cashless/net settlement), not a market sale or purchase. For retail investors, RSU vesting primarily reflects compensation delivery and does not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-02+571→ 16,063 total - Exercise/Conversion
Common Stock
[F1]2026-02-02+609→ 16,672 total - Tax Payment
Common Stock
[F2]2026-02-02$55.33/sh−453$25,064→ 16,219 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-02−571→ 0 total→ Common Stock (571 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-02−609→ 609 total→ Common Stock (609 underlying)
Footnotes (4)
- [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]The grant of 2,287 restricted stock units vests at 25% annually beginning on February 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.
- [F4]The grant of 2,438 restricted stock units vests at 25% annually beginning on February 1, 2024. 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.