Swanson Jim A 4
4 · COLUMBIA SPORTSWEAR CO · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Columbia Sportswear (COLM) CFO Jim Swanson Exercises/Receives Awards
What Happened
Jim A. Swanson, EVP & Chief Financial Officer of Columbia Sportswear (COLM), had derivative awards convert to common shares and received new equity grants. On March 2, 2026, 2,715 derivative units (1,346 + 1,369) converted to shares; 882 of those shares were withheld to satisfy tax withholding obligations at $60.18/share (value withheld = $53,079), leaving a net delivery of 1,833 shares to Swanson. On February 27, 2026, Swanson was also granted a 19,123-share option award (derivative) and 8,640 restricted stock units (RSUs).
Key Details
- Transaction dates: grants on Feb 27, 2026; conversions/vesting and withholding on Mar 2, 2026; Form 4 filed Mar 3, 2026. Filing does not indicate tardiness.
- Converted/issued: 2,715 shares (1,346 + 1,369) from derivative conversion/vesting.
- Tax withholding: 882 shares withheld at $60.18 = $53,079 (reported as tax payment/disposition).
- Net shares delivered to insider: 1,833 (2,715 converted − 882 withheld).
- Grants: 19,123-share option award (vests/exercisable 25% each year over four years per footnote) and 8,640 RSUs (vest 25% annually beginning Mar 1, 2027).
- Footnotes: RSUs convert one-for-one to common stock; withheld shares were used to satisfy tax obligations on vesting (i.e., not an open-market sale).
- Shares owned after transaction: not specified in the provided filing summary.
Context
- The conversions appear to be vesting/settlement of restricted/derivative awards, with shares withheld to cover taxes (a common administrative step), not an open-market sale.
- The 19,123-share award is an option grant with multi-year vesting (25% each anniversary); the 8,640 RSUs have annual vesting starting March 1, 2027.
- These entries are routine insider compensation and tax-withholding mechanics; they do not by themselves indicate the insider is buying or selling stock on the open market.
Insider Transaction Report
Form 4
Swanson Jim A
EVP & CFO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-02+1,346→ 15,434 total - Exercise/Conversion
Common Stock
[F1]2026-03-02+1,369→ 16,803 total - Tax Payment
Common Stock
[F2]2026-03-02$60.18/sh−882$53,079→ 15,921 total - Award
Employee Stock Option (right to buy)
[F3]2026-02-27+19,123→ 19,123 totalExercise: $61.94Exp: 2036-02-27→ Common Stock (19,123 underlying) - Award
Restricted Stock Units
[F1][F4]2026-02-27+8,640→ 8,640 total→ Common Stock (8,640 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-03-02−1,346→ 2,691 total→ Common Stock (1,346 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-02−1,369→ 4,107 total→ Common Stock (1,369 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 19,123 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 8,640 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 5,383 restricted stock units vests at 25% annually beginning on March 1, 2022. 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 5,476 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