Kulok Lisa 4

What Happened

• Lisa Kulok, EVP and Chief Operating Officer of Columbia Sportswear (COLM), was issued 780 shares as a performance share award on 2026-03-04. The award is reported as 780 shares @ $0.00 (award/grant).
• On the same date, 270 of those shares were withheld by the issuer to satisfy tax withholding obligations at $60.24 per share, a disposal valued at $16,265. Net shares issued to Kulok after withholding: 510.
• Footnote: the shares were issued upon certification by the Compensation Committee that performance goals for the 2023–2025 period were met.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (timely).
• Award: 780 shares (code A) reported as $0.00 acquisition value per Form 4.
• Tax withholding: 270 shares withheld (code F) at $60.24 per share, total $16,265.
• Net shares received: 780 − 270 = 510 shares. Using the $60.24/share price applied to withholding, the net shares imply roughly $30.7k in market value.
• Footnotes: F1 confirms shares came from satisfaction of 2023–2025 performance goals with Compensation Committee certification; F2 notes shares were withheld by the issuer to satisfy tax withholding.
• Shares owned after the transaction are not specified in the provided filing excerpt.

Context

• This was a performance-share payout, not an open-market purchase or option exercise. The award (A) created the shares; the withholding (F) is a routine tax-satisfaction step (share-for-tax withholding), common on equity payouts.
• Such awards reflect compensation determined by corporate performance metrics and do not, by themselves, signal the insider’s personal buying or selling intent.