Page Andrew E 4
Research Summary
AI-generated summary
Amer Sports (AS) CFO Andrew Page Sells 2,052 Shares
What Happened
- Andrew E. Page, Chief Financial Officer of Amer Sports, had equity activity tied to restricted stock units (RSUs). He was granted 26,359 RSUs on April 1, 2026; 4,635 RSUs were converted/exercised on April 1, 2026; and on April 2, 2026 he sold 2,052 shares in the open market at a weighted average price of $33.28 for total proceeds of $68,291. The conversion/disposition of 4,635 shares is recorded at $0.00, reflecting shares withheld/used for tax obligations rather than a cash sale.
Key Details
- Transaction dates and prices:
- 2026-04-01: Grant of 26,359 RSUs (reported $0.00, F5); RSUs vest per award terms.
- 2026-04-01: Exercise/conversion of 4,635 derivative units (reported disposed at $0.00; F1/F4).
- 2026-04-02: Open-market sale of 2,052 shares at a weighted average $33.28, proceeds $68,291 (sales ranged $33.11–$33.41; F3).
- Shares owned after transaction: not disclosed in this Form 4.
- Footnotes of note:
- F1: Each RSU equals a contingent right to one ordinary share.
- F2: The sale was a sell-to-cover to satisfy tax withholding on vesting — executed automatically, not a discretionary trade.
- F3: Reported sale price is a weighted average; detailed per-trade prices available on request.
- F4/F5: Describe grant dates and vesting schedules under the 2024 Omnibus Incentive Plan.
- Filing timeliness: Form filed April 2, 2026 for transactions on/through April 1–2, 2026 (no late‑filing flag indicated).
Context
- These transactions appear compensation-related: receipt of RSUs and net settlement/ sell-to-cover to meet tax withholding. The recorded $0.00 disposals reflect shares withheld or surrendered for taxes rather than a market sale generating cash proceeds.
- For retail investors: this is routine insider compensation activity and not a directional purchase signal. Purchases are generally more informative about insider sentiment; this filing documents award vesting and tax-related sell-offs.