BABSON STEPHEN E 4

What Happened
Stephen E. Babson, a director of Columbia Sportswear Co. (COLM), had restricted stock units (RSUs) convert into common stock on May 1, 2026. Two RSU conversions resulted in the issuance of 2,657 and 665 shares, respectively, for a total of 3,322 shares. No cash was paid — the filing shows the derivative instruments were converted/disposed at $0.00. Footnotes indicate the RSUs vested in full on May 1, 2026.

Key Details

• Transaction date: May 1, 2026. Form 4 filed May 5, 2026 (appears timely under the two-business-day rule).
• Transaction type/code: Conversion of derivative/RSU (Form 4 code M).
• Shares acquired: 2,657 + 665 = 3,322 shares; no cash consideration reported.
• Ownership after transaction: Not specified in the provided filing data.
• Notable footnotes: F1 = RSUs convert 1-for-1 to common stock; F5 = RSUs fully vested 5/1/2026. Other footnotes (F2–F4) indicate some shares are held in trusts or by Babson Capital Partners LP, with typical trustee/GP disclaimers.

Context

• This was a vesting/conversion of RSUs (an award being settled in stock), not an open-market purchase or sale. The filing shows the derivative awards were converted into shares rather than sold immediately — no proceeds were reported.
• Vesting and trustee/partner-held shares are common for executives/directors; these transactions reflect compensation vesting rather than a trading decision.