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What Happened Andrew E. Page, Chief Financial Officer of Amer Sports, had 13,750 restricted stock units (RSUs) convert into 13,750 ordinary shares on April 15, 2026 (exercise/conversion of a derivative). To cover tax withholding related to the vesting, 6,005 of those shares were sold in an open-market sell-to-cover transaction on April 16, 2026 for a weighted average price of $36.26, generating approximately $217,741 in proceeds. The conversion of RSUs is reported as a derivative exercise (code M) and the conversion price is reported as $0 because RSUs convert to shares without a purchase price.

Key Details

• Transaction dates: RSU conversion 2026-04-15; open-market sale 2026-04-16.
• Sale details: 6,005 shares sold at a weighted average price of $36.26 (range $36.08–$36.45), proceeds ~$217,741.
• RSU conversion: 13,750 shares from vested RSUs (reported as exercise/conversion, code M).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: Sales were a sell-to-cover to satisfy tax withholding (automatic, not a discretionary trade). RSUs were granted under the Amer Sports 2024 Omnibus Incentive Plan and were scheduled to vest in installments (the conversion reflects the scheduled vesting).
• Filing timeliness: Filing dated 2026-04-16 for a 2026-04-15 event — appears timely (not marked late).

Context

• These RSUs converting to shares and a portion sold to cover taxes is a common, routine insider transaction and does not necessarily signal discretionary selling.
• For clarity, RSUs are a grant that converts to shares when they vest (no cash purchase); sell-to-cover is an automatic sale of some vested shares to pay withholding taxes.