BABSON STEPHEN E 4
Research Summary
AI-generated summary
Columbia Sportswear (COLM) Director Stephen Babson Receives RSUs
What Happened
- Stephen E. Babson, a director of Columbia Sportswear Co. (COLM), was granted a total of 3,274 restricted stock units (RSUs) on 2026-06-10. The grants were reported as derivative awards (code A) with an acquisition price of $0.00.
- The awards consist of two grants: 2,524 RSUs and 750 RSUs. They were issued in lieu of board service fees totaling $47,500.
Key Details
- Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (filed two days after the transaction).
- Grant amounts: 2,524 RSUs and 750 RSUs (total 3,274 RSUs); price reported $0.00 (award, not a market purchase).
- Vesting: RSUs fully vest on May 3, 2027 (F2). RSUs convert to common stock on a one-for-one basis upon vesting (F1).
- Consideration: Issued in lieu of board fees of $47,500 (F3).
- Shares owned after the transaction: not disclosed in the provided filing information.
Context
- These are compensation awards (RSUs) rather than open-market purchases or sales, so they reflect board pay rather than an immediate bullish purchase signal. RSUs are derivatives that become common shares only upon vesting/conversion.