JOHNSON LEIPOLD HELEN P 4

What Happened Helen P. Johnson-Leipold, a reported 10% owner of Johnson Outdoors, transferred an aggregate 96,393 JOUT shares on February 13, 2026. The Form 4 shows an offsetting disposition and acquisition (transaction code J) with no cash price reported (N/A). Footnotes explain the shares were moved into trusts established for the benefit of each of her children (for which her husband serves as a fiduciary) to satisfy a previously contracted debt.

Key Details

• Transaction date: February 13, 2026; Form filed February 18, 2026 (reporting delay).
• Transaction type: Code J — other acquisition/disposition between related parties (transfer to family trusts); no dollar price reported (N/A).
• Shares transferred: 96,393 shares (reported as both disposition and acquisition reflecting a change in form of ownership).
• Shares owned after transaction: Not explicitly quantified in the filing; Ms. Johnson-Leipold continues to report direct and indirect ownership through personal holdings, corporations, trusts and certain partnerships (see footnotes).
• Notable footnotes: transfer to child-benefit trusts to satisfy a debt (F1); Ms. Johnson-Leipold reports various direct and indirect ownership roles including settlor/beneficiary and holdings via corporations/partnerships (F2–F5); husband serves as fiduciary for the child trusts.
• Timeliness: Filed five days after the transaction date (potential delay in public disclosure).

Context

• This appears to be an intra-family/estate-planning transfer (satisfaction of a debt) rather than an open-market sale or purchase, so it should not be interpreted as a market sentiment trade.
• As a 10% owner reporting complex direct/indirect holdings, these transfers reflect changes in form of ownership among related entities and trusts rather than a straightforward buy/sell by an executive.