Haselden Stuart 4

What Happened

• Haselden Stuart, CEO of Arc'teryx Equipment, reported the conversion of 21,265 restricted stock units (RSUs) into ordinary shares on 2026-04-15 (derivative conversion; $0 exercise price). He sold 11,438 of those shares in an open-market transaction on 2026-04-16 for a weighted average price of $36.26, generating proceeds of $414,742.
• The sale was a sell-to-cover to satisfy tax withholding on the RSU vesting, not reported as a discretionary trade.

Key Details

• Conversion (M): 21,265 RSUs converted to 21,265 shares on 2026-04-15; exercise/conversion price reported as $0.00 (these were RSUs).
• Sale (S): 11,438 shares sold on 2026-04-16 at a weighted average price of $36.26 (range $36.08–$36.45); proceeds $414,742.
• Implied shares remaining from this conversion: 21,265 − 11,438 = 9,827 shares retained (based on reported conversion and sale counts).
• Footnotes: F1 clarifies each RSU = right to one ordinary share; F2 indicates the sale was automatic sell-to-cover for tax withholding; F3 notes the weighted-average sale price and range; F4 shows these RSUs were from the Amer Sports 2024 Omnibus Incentive Plan and vested per the plan schedule.
• Filing: Report filed 2026-04-16 for transactions on 2026-04-15/04-16 — filed the next day (timely).

Context

• These transactions reflect RSU vesting and a partial, automatic sale to cover taxes (a routine administrative step), not an open discretionary sale of previously held stock. For derivative/RSU events, conversion at $0 typically means RSUs vested into shares; selling a portion immediately is common to meet withholding obligations and does not necessarily indicate a change in the insider’s view of the company.