Bragdon Peter J 4

What Happened

• Peter J. Bragdon, President of Columbia Sportswear Co. (COLM), had 157 restricted stock units (RSUs) convert to common stock on April 1, 2026. Of the 157 shares that vested, 53 shares were withheld by the issuer to cover tax withholding ($54.59 per share; $2,893 total), resulting in a net receipt of 104 shares. The filing shows the RSU conversion (derivative exercise/settlement) and the tax-withholding disposition.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (reporting period 2026-04-01).
• Vesting/conversion: 157 RSUs → 157 common shares (footnote F1: 1-for-1 conversion).
• Tax withholding: 53 shares withheld at $54.59/share, total $2,893 (footnote F2).
• Net shares added to Bragdon’s holdings from this vesting event: 104 shares.
• Relevant footnotes: F1 (RSUs convert 1:1), F2 (shares withheld for taxes), F4 (original grant of 1,256 RSUs vests 12.5% every six months beginning Oct 1, 2025), F3 (disclaimer re: shares held by reporting person’s children).
• No open-market purchase or sale of stock reported; this was RSU vesting with share withholding for taxes (not a market sale).

Context

• This is a routine executive compensation event (RSU vesting). The filing shows a conversion/settlement of RSUs and share withholding to meet tax obligations (a common cashless-withholding method), not a cash sale of shares. There is no indication of a 10b5-1 plan, gift, or late filing in the provided data.