Nelson Ronald E. 4

What Happened
Ronald E. Nelson, a director of Columbia Sportswear Co. (COLM), had restricted stock units (RSUs) that fully vested on May 1, 2026 and converted into 3,322 common shares. The Form 4 reports exercise/conversion transactions (code M) for 2,657 and 665-share awards; corresponding derivative interests were shown as disposed at $0, indicating conversion of the RSUs rather than an open-market sale.

Key Details

• Transaction date(s): May 1, 2026 (reported on Form 4 filed May 5, 2026)
• Transaction type/code: Exercise/conversion of derivative instrument (M) — RSU vesting and conversion to common stock
• Shares acquired: 2,657 and 665 (total 3,322 shares)
• Price / proceeds: $0 listed for the derivative disposals; no sale proceeds reported (conversion/vesting event)
• Shares owned after transaction: Not specified in the provided filing
• Footnotes: F1 — RSUs convert one-for-one to common stock; F2 — RSUs fully vested on May 1, 2026

Context
This was a compensation-related RSU vesting and conversion into shares, not a purchase or public sale. The $0 disposals reflect the elimination of the derivative award upon conversion (common for RSU vesting) rather than a taxable sale or market transaction. Such vesting events are routine executive compensation actions and do not by themselves indicate insider buying or selling intent.