Bragdon Peter J 4
Research Summary
AI-generated summary
Columbia Sportswear (COLM) President Peter Bragdon Receives Award
What Happened
Peter J. Bragdon, President of Columbia Sportswear Co. (COLM), was issued 1,134 shares on 2026-03-04 as the payout of a performance share award (code A). On the same date, 368 of those shares were withheld by the issuer to satisfy tax withholding obligations (code F) at $60.24 per share, equal to $22,168. The award payout was certified by the Compensation Committee on the transaction date.
Key Details
- Transaction date: 2026-03-04 (filed 2026-03-06). Filing appears timely.
- Award: 1,134 shares granted (performance share payout; reported at $0.00 acquisition price).
- Tax withholding: 368 shares withheld at $60.24 per share, representing $22,168.
- Shares owned after transaction: not specified in this filing.
- Footnotes of note:
- F1: Shares issued due to satisfaction of performance goals for the 2023–2025 period; payout certified on transaction date.
- F2: Withholding shares were used to satisfy tax obligations related to the payout.
- F3: Some shares are held by the reporting person's children who share his household; he disclaims beneficial ownership of those shares.
Context
This was a compensation payout (performance shares), not an open-market buy or sale. The withholding of shares to cover taxes is a routine cashless settlement method and does not indicate a market-direction trade by the insider.