Karlsson Jutta C 4

What Happened

• Jutta Karlsson, General Counsel of Amer Sports, had restricted stock units (RSUs) convert/vest and completed a small open-market sale. On April 1, 2026 she had derivative awards convert for 1,011 shares and was granted 2,812 RSUs; on April 2, 2026 she sold 457 shares in the open market for total proceeds of $15,209 (weighted average price $33.28). Part of the shares from the conversion/settlement were disposed or withheld to satisfy tax obligations.

Key Details

• Transaction dates and prices:
  • Apr 1, 2026: Conversion/exercise of derivative — 1,011 shares (derivative conversion/settlement).
  • Apr 1, 2026: Grant — 2,812 RSUs at $0.00 (new award).
  • Apr 2, 2026: Open-market sale — 457 shares at weighted avg $33.28, proceeds $15,209 (sales ranged $33.11–$33.41).
• Shares owned after the transactions: Not disclosed in this filing.
• Notable footnotes:
  • F1/F4/F5: RSUs represent contingent rights to one ordinary share; the 2,812 RSUs are new grants (Apr 1, 2026) that vest generally in equal installments over the next three anniversaries; the earlier 2024 Omnibus Plan grant (Apr 1, 2025) vests similarly.
  • F2: The sales were part of a sell-to-cover arrangement to satisfy tax withholding on vesting and were automatic, not discretionary trades by the reporting person.
  • F3: The $33.28 price is a weighted average; multiple sale prices in the stated range apply.
• Filing: Report filed Apr 3, 2026; transactions occurred Apr 1–2, 2026. Filing appears timely.

Context

• These entries reflect typical equity award activity: RSUs granted and a vesting/conversion event that resulted in shares being delivered and some shares withheld/sold to cover taxes (including an open-market sell-to-cover for $15,209). Such routine settlement and sell-to-cover transactions are common and do not necessarily indicate a change in the officer’s view of the company.