Zheng Jie (James) 4

What Happened Zheng Jie (James), CEO of Amer Sports, reported conversion/exercise of 33,350 derivative units on April 15, 2026 (transaction code M). The filing shows the units converted into shares with no cash paid and a simultaneous disposition entry reported at $0 — the filing does not show any cash proceeds from the transaction. This is a conversion/settlement of restricted stock units (RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-15; Form 4 filed the same day (not reported as late).
• Transaction type/code: M = exercise/conversion of a derivative (RSU conversion).
• Shares: 33,350 RSUs converted into 33,350 ordinary shares; disposed amount reported as $0.
• Price/value: No cash paid; no cash proceeds reported.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Each restricted stock unit (RSU) represents a contingent right to one Amer Sports ordinary share.
  • F2: These RSUs were granted under the 2024 Omnibus Incentive Plan on April 15, 2024 and vest in equal installments on the second and third anniversaries of the grant date.

Context This filing reflects settlement/conversion of RSUs rather than a market buy or sell; such conversions are routine when award vesting occurs. The reported $0 disposition in Form 4 does not necessarily indicate a market sale or economic loss — filings sometimes report $0 for internal settlements or net share movements (tax withholding/net settlement), though this specific filing does not spell out withholding or net-share retention. As always, conversions of awards are informational and do not by themselves indicate management’s view of the company’s near-term stock prospects.