Columbia Sportswear (COLM) President Bragdon Receives RSUs; 156 Withheld

What Happened

• Peter J. Bragdon, President of Columbia Sportswear Co. (COLM), had 464 restricted stock units (RSUs) convert to 464 common shares on August 3, 2026. To satisfy tax withholding, 156 of those shares were withheld by the issuer and valued at $58.65 each, totaling $9,149. The Form 4 shows the RSU conversion (reported as derivative exercise/conversion, code M) and a tax-withholding disposition (code F).
• This was not an open-market sale or purchase by the insider; it is a routine vesting/withholding event tied to RSU compensation rather than a signal of a buy or sell decision.

Key Details

• Transaction date: 2026-08-03; Form 4 filed: 2026-08-05 (appears timely under Section 16 reporting rules).
• RSUs converted: 464 shares (code M). Shares withheld for taxes: 156 shares at $58.65 each = $9,149 (code F).
• Filing also shows a $0.00 derivative disposition entry for 464 shares (bookkeeping related to RSU conversion).
• Post-transaction total shares owned is not specified in the filing.
• Relevant footnotes:
  • F1: RSUs convert 1:1 to common stock.
  • F2: Shares were withheld by the issuer to satisfy tax withholding.
  • F3: Some shares are held by the reporting person’s children in the household; the reporting person disclaims beneficial ownership of those holdings.
  • F4: The underlying RSU grant (3,715 RSUs) vests at 12.5% every six months beginning Aug 1, 2023.

Context

• This was a vesting/tax-withholding event (common with RSU awards), not an open-market sale; withholding to cover taxes is routine and does not necessarily indicate insider sentiment about the stock.
• For retail investors, purchases or open-market sales by insiders are usually more informative about intent; RSU vesting and withholding are primarily compensation mechanics.