Spear Catherine Eva 4

What Happened
Catherine Eva Spear, a director of Amer Sports, had 7,265 restricted stock units (RSUs) vest and be converted into ordinary shares on May 8, 2026. The Form 4 shows an acquisition via conversion of 7,265 shares (derivative exercise/conversion, code M) and a simultaneous disposition of 7,265 shares at $0.00. No cash value is reported for the disposition on the filing.

Key Details

• Transaction date: May 8, 2026. Form filed: May 11, 2026 (appears to be filed after the usual 2-business-day Form 4 window).
• Acquired: 7,265 shares via exercise/conversion of RSUs (derivative). Disposed: 7,265 shares at $0.00 (derivative).
• Price/Value: Acquisition price listed as N/A; disposition price listed as $0.00; no cash value shown on the filing.
• Shares owned after transaction: Not specified in the excerpt provided (see the full Form 4 for total holdings).
• Footnotes: F1 — each RSU equals a contingent right to one ordinary share. F2 — these RSUs were granted May 8, 2025 and vested in full on May 8, 2026; an earlier Form 3 incorrectly reported a May 7, 2026 vest date.

Context

• This transaction reflects RSU vesting and conversion (a type of derivative exercise), not an open-market buy or sell. The simultaneous disposition at $0 often reflects shares withheld or delivered for tax withholding or administrative settlement on vesting; the filing itself does not detail the reason.
• Such vesting/settlement events are typically routine compensation actions for insiders and do not, by themselves, indicate a buy or sell signal.