Bragdon Peter J 4
4 · COLUMBIA SPORTSWEAR CO · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Columbia Sportswear (COLM) President Peter Bragdon Receives Awards, Converts RSUs
What Happened Peter J. Bragdon, President of Columbia Sportswear Co. (COLM), received equity awards on Feb 27, 2026 — an option grant for 23,170 shares and 10,468 restricted stock units (RSUs). On Mar 2, 2026, 1,235 derivative units were converted into common shares (618 + 617). To cover tax withholding, 402 shares were surrendered at $60.18 per share for a cash payment of $24,192; the remainder (about 833 shares) were retained.
Key Details
- Transaction dates: Grants on 2026-02-27; conversions and tax withholding on 2026-03-02; Form 4 filed 2026-03-03 (timely).
- Grants: Option for 23,170 shares (F4) and 10,468 RSUs (F5) granted on 2/27/2026 at $0 reported (derivative awards).
- Conversion: 1,235 derivative units converted to common stock (618 + 617) on 3/2/2026.
- Tax withholding: 402 shares withheld to satisfy withholding obligations at $60.18/share for $24,192 (F2).
- Ownership after transaction: Not specified in the filing.
- Notable footnotes: Options vesting schedule — 12.5% every six months for the first eight six‑month periods (F4). RSU vesting schedules described in F5–F7. F1 clarifies RSUs convert one-for-one into common shares. F3 notes some shares are held by reporting person's children and are disclaimed.
Context
- These actions are primarily grants and routine conversions/withholding tied to compensation (not an open-market buy or sale). The withholding of shares to cover taxes is a common, administrative step (a form of cashless settlement) and does not indicate a market sale of additional shares. The option grant vests in increments (12.5% every six months per F4); the 10,468 RSUs granted on 2/27/26 vest starting Sept 1, 2026 (F5).
Insider Transaction Report
Form 4
Bragdon Peter J
President
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-02+618→ 26,936 total - Exercise/Conversion
Common Stock
[F1]2026-03-02+617→ 27,553 total - Tax Payment
Common Stock
[F2]2026-03-02$60.18/sh−402$24,192→ 27,151 total - Award
Employee Stock Option (right to buy)
[F4]2026-02-27+23,170→ 23,170 totalExercise: $61.94Exp: 2036-02-27→ Common Stock (23,170 underlying) - Award
Restricted Stock Units
[F1][F5]2026-02-27+10,468→ 10,468 total→ Common Stock (10,468 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-02−618→ 2,472 total→ Common Stock (618 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-03-02−617→ 3,698 total→ Common Stock (617 underlying)
Holdings
- 2,250(indirect: By Children)
Common Stock
[F3]
Footnotes (7)
- [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 option was granted for 23,170 shares on February 27, 2026 and becomes exercisable for 12.5% of the shares on each of the first eight six-month anniversaries of the grant date.
- [F5]The grant of 10,468 restricted stock units vests at 12.5% every six months beginning on September 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.
- [F6]The grant of 4,947 restricted stock units vests at 12.5% every six months beginning on September 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.
- [F7]The grant of 4,932 restricted stock units vests at 12.5% every six months beginning on September 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.
Signature
Christina A. Mecklenborg, Attorney-in-Fact|2026-03-03