Haselden Stuart 4
Research Summary
AI-generated summary
Amer Sports (AS) Arc'teryx CEO Haselden Stuart Sells 6,511 Shares
What Happened
- Haselden Stuart, CEO of Arc'teryx Equipment, reported a set of equity transactions around April 1–2, 2026. The principal reportable sale was 6,511 Amer Sports shares sold on April 2, 2026 at a weighted average price of $33.28 for total proceeds of $216,686.
- Related derivative and award activity on April 1, 2026: 11,946 derivative units were converted/exercised (reported as M), and a grant/award of 36,631 restricted stock units (RSUs) was reported (A). Some converted shares were also reported as disposed at $0, consistent with shares used/surrendered for tax withholding.
Key Details
- Transaction dates and prices:
- April 1, 2026: Exercise/conversion of 11,946 derivative units (M) and grant of 36,631 RSUs (A) (RSUs reported at $0.00).
- April 2, 2026: Open-market sale of 6,511 shares at a weighted average price of $33.28; proceeds $216,686. Reported sale prices ranged from $33.11 to $33.41 (F3).
- Shares owned after the transactions: not disclosed in the provided excerpt.
- Notable footnotes:
- F1: Each RSU represents a contingent right to one ordinary share.
- F2: The sale of shares was a "sell to cover" to satisfy tax withholding obligations upon vesting—executed automatically and not a discretionary trade.
- F4/F5: RSU grants relate to the Amer Sports 2024 Omnibus Incentive Plan (one grant noted from April 1, 2025 vesting in installments; another grant dated April 1, 2026).
- Filing timeliness: no late filing flag was indicated in the provided information.
Context
- The April 1 conversions and the April 1 grant are derivative/award activity (RSUs). The April 2 sale was a sell-to-cover transaction to meet tax withholding on vesting—not necessarily a discretionary insider sale or a market-timing signal.
- For retail investors: awards and exercises followed by automatic sell-to-cover transactions are routine compensation events. Purchases would be more informative about insider conviction; this filing primarily documents compensation vesting and the associated tax-related sale.