Zanon Craig 4

What Happened

• Craig Zanon, EVP Emerging Brands/EMEA and Director for Asia at Columbia Sportswear, received 638 shares on 2026-03-04 as the payout of a performance share award (reported as acquired at $0.00). On the same date, 208 of those shares were surrendered/withheld by the issuer at $60.24 per share to satisfy tax withholding obligations, generating proceeds/value of $12,530.
• The Form 4 was filed on 2026-03-06 covering the 2026-03-04 transactions.

Key Details

• Transaction date: 2026-03-04; Filing date: 2026-03-06 (appears timely).
• Award: 638 shares issued (performance-based; shown as $0.00 acquisition price).
• Tax withholding: 208 shares withheld/disposed to issuer at $60.24 each = $12,530.
• Shares owned after transaction: Not specified in the provided report.
• Footnotes: F1 — Shares issued upon satisfaction of 2023–2025 performance goals; Compensation Committee certified payout on the transaction date. F2 — Shares were withheld by the issuer to satisfy tax withholding on the award.

Context

• This was a performance-share award payout (not an open-market buy or sale). The withholding of shares to cover taxes is a routine administrative action and does not necessarily signal management’s view of the stock. The key informational element is the award payout reflecting achievement of the applicable performance goals for the period.