DENSON CHARLES D 4

What Happened
Charles Denson, a director of Columbia Sportswear Co. (COLM), had a total of 3,986 restricted stock units (RSUs) vest and convert into common shares on May 1, 2026. The filing shows acquisitions of 2,657 and 1,329 shares (one-for-one RSU conversions) and matching dispositions of those same share amounts reported at $0.00. No cash value is reported in the disposition entries in the provided excerpt.

Key Details

• Transaction date: May 1, 2026. Filing date (Form 4): May 5, 2026 (filed within the normal 2-business-day window).
• Shares converted/received: 2,657 + 1,329 = 3,986 shares via RSU vesting (one-for-one conversion).
• Disposed shares: matching amounts (2,657 and 1,329) reported at $0.00 in the Form 4 (derivative disposition entries).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 — RSUs convert to common stock on a one-for-one basis. F2 — the RSUs fully vested on May 1, 2026.
• No explicit 10b5-1 plan or tax-withholding notation was provided in the excerpt.

Context
This filing reflects RSU vesting and conversion rather than an open-market purchase or a motivated sale. When converted RSUs are reported as disposed at $0.00, common explanations include net settlement or share withholding to cover taxes, but the filing excerpt does not specify the reason. Retail investors should view this as a routine executive compensation event unless additional details (e.g., sales for cash) appear in a fuller filing.