Page Andrew E 4

What Happened

• Andrew E. Page, Chief Financial Officer of Amer Sports, exercised options and sold shares on May 26, 2026. The filing shows an exercise/acquisition of 97,485 shares at an exercise price of $14.19 (total cost $1,383,312), followed the same day by open‑market sales of 97,485 shares (weighted avg. $36.75) and 7,745 shares (weighted avg. $36.78). Gross sale proceeds totaled $3,867,726; net of the exercise cost, the transactions generated approximately $2,484,414 before taxes/fees. The filing also reports a derivative conversion line for 97,485 shares at $0.00 reflecting the option-to-share conversion.

Key Details

• Transaction date: May 26, 2026; Form 4 filed May 27, 2026 (filed promptly, not late).
• Sales: 97,485 shares sold at a weighted average price of $36.75 (prices in range $36.62–$36.85 per footnote F1) and 7,745 shares sold at a weighted average price of $36.78 (prices in range $36.74–$36.82 per footnote F2).
• Exercise: 97,485 shares exercised at $14.19 per share, total exercise cost $1,383,312.
• Gross proceeds from sales: $3,867,726; approximate net proceeds after exercise cost: $2,484,414 (before taxes/fees).
• Shares owned after the reported transactions are not specified in the provided filing excerpt.
• Footnote F3: these options were granted April 20, 2023 under the 2023 ESOP; portions vested on Feb 27, 2026 and Apr 20, 2026 per the footnote.
• No 10b5-1 plan, gift, or tax‑withholding notation is indicated in the excerpt provided.

Context

• This is a typical options exercise with immediate sale of shares (a cashless exercise pattern): the option holder exercised vested options and sold shares the same day. Such transactions are routine for executives exercising vested equity; they are factual disclosures of the trades and do not by themselves indicate the insider’s future view of the company.