Bragdon Peter J 4

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).