Chen Wen-Chang (Victor) 4

What Happened Chen Wen‑Chang (Victor), Chief Strategy Officer of Amer Sports, converted/ exercised derivative awards on April 15, 2026 that resulted in 6,089 ordinary shares being issued to him and a simultaneous disposition of 6,089 shares at $0.00. There was no cash proceeds reported from the disposition; the transactions reflect conversion of restricted stock units rather than an open‑market sale.

Key Details

• Transaction date: 2026-04-15 (period of report). Filing date: 2026-04-16 (timely).
• Activity: Exercise/conversion of derivative (code M) — 6,089 shares acquired; 6,089 shares disposed at $0.00.
• Reported value: Disposed shares reported at $0.00 (no cash proceeds shown).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1—each restricted stock unit (RSU) equals one ordinary share; F2—these RSUs were granted under the 2024 Omnibus Incentive Plan on 2024‑04‑15 and were scheduled to vest in equal installments on the second and third anniversaries of the grant.

Context The filing describes a conversion of RSUs granted in 2024 that vested on the second anniversary (2026‑04‑15). The immediate disposition of the same number of shares at $0.00 frequently reflects share surrender or withholding related to vesting obligations (e.g., taxes), although the filing itself does not state the specific reason. This was not an open‑market purchase or sale that signals a directional bet by the insider.