Zanon Craig 4

4 · COLUMBIA SPORTSWEAR CO · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

COLM EVP Craig Zanon Exercises Options, Receives RSU Grants

What Happened

Craig Zanon, EVP Emergent Brands / EMEA & Asia Director at Columbia Sportswear (COLM), exercised/converted derivative awards and received new equity grants. On Mar 2, 2026 he converted/ exercised 1,280 derivative shares (641 + 639). Concurrently, 417 shares were withheld by the issuer to cover tax withholding at $60.18 per share, totaling $25,095. On Feb 27, 2026 he was granted an option for 9,500 shares and 4,292 restricted stock units (RSUs).

Key Details

Transaction dates: Grants on 2026-02-27; derivative exercises/conversions and tax-withholding on 2026-03-02. Form filed 2026-03-03 (timely).
Tax withholding: 417 shares withheld at $60.18 each = $25,095 (reported as a disposition under code F).
Derivative activity: 641 and 639 shares reported as exercised/converted (transaction code M); corresponding disposition lines show $0 (conversion to common stock).
Net shares received (simple math from reported lines): 1,280 exercised − 417 withheld = 863 net newly issued shares to Zanon.
Shares owned after transaction: not specified in the filing.
Relevant footnotes: RSUs convert 1-for-1 to common stock; withheld shares satisfy tax obligations; the 9,500-option vests 25% annually beginning Feb 27, 2027; the 4,292 RSUs vest 25% annually beginning Mar 1, 2027. Other RSU vesting schedules are noted in the filing.

Context

This was an exercise/conversion of derivative awards plus new grants (option + RSUs). The withholding of shares to cover taxes is a routine, non‑market sale (net share settlement), not an open-market sale. Grants with multi-year vesting schedules indicate future vesting rather than immediate market purchases. The filing appears timely (filed within required window).

Form 4

Period: 2026-02-27

EVP Emrg Brands/EMEA, Asia Dir

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-02+641→ 4,850 total
Exercise/Conversion
Common Stock
[F1]
2026-03-02+639→ 5,489 total
Tax Payment
Common Stock
[F2]
2026-03-02$60.18/sh−417$25,095→ 5,072 total
Award
Employee Stock Option (right to buy)
[F3]
2026-02-27+9,500→ 9,500 total
Exercise: $61.94Exp: 2036-02-27→ Common Stock (9,500 underlying)
Award
Restricted Stock Units
[F1][F4]
2026-02-27+4,292→ 4,292 total
→ Common Stock (4,292 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F5]
2026-03-02−641→ 1,281 total
→ Common Stock (641 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F6]
2026-03-02−639→ 1,917 total
→ Common Stock (639 underlying)

Footnotes (6)

[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 option was granted for 9,500 shares on February 27, 2026 and becomes exercisable for 25% of the shares on each of the first four anniversaries of the grant date.
[F4]The grant of 4,292 restricted stock units vests at 25% annually beginning on March 1, 2027. 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 2,563 restricted stock units vests at 25% annually beginning on March 1, 2025. 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.
[F6]The grant of 2,556 restricted stock units vests at 25% annually beginning on March 1, 2026. 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.

Signature

Christina A. Mecklenborg, Attorney-in-Fact|2026-03-03

1 file