Swanson Jim A 4
Research Summary
AI-generated summary
Columbia (COLM) CFO Jim Swanson Receives 1,416-Share Award
What Happened
Jim A. Swanson, Executive Vice President & Chief Financial Officer of Columbia Sportswear (COLM), received a performance-based award of 1,416 shares on March 4, 2026 (code A). To satisfy tax withholding obligations, 460 of those shares were withheld by the company (code F) at a reported price of $60.24, generating approximately $27,710 cash value. Based on the $60.24 price, the gross value of the 1,416-share payout is roughly $85,300.
Key Details
- Transaction dates: award and tax-withholding occurred on 2026-03-04; Form 4 filed 2026-03-06 (timely filing).
- Award: 1,416 shares issued (code A) at $0 purchase price to the insider (performance-share payout).
- Tax withholding: 460 shares withheld (code F) at $60.24 → $27,710 withheld to cover taxes.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes: F1 — shares issued upon certification of performance goals for the 2023–2025 period; F2 — shares withheld by issuer to satisfy tax liabilities.
- Transaction codes explained: A = award/grant; F = shares withheld to cover tax withholding.
Context
This was a compensation payout (performance share award) certified by the Compensation Committee, not an open-market purchase or sale by the insider. Withholding of shares to cover taxes is a common, routine settlement method and does not itself signal a buy or sell decision by the insider.