Zheng Jie (James) 4

What Happened
Zheng Jie (James), CEO of Amer Sports, exercised 500,000 vested stock options and acquired 500,000 ordinary shares by paying $7.68 per share ($3,840,000 total). The same day he sold 500,000 shares in an open-market transaction at a weighted average price of $34.42 per share for proceeds of $17,210,450. The filing also records a derivative conversion/disposition entry at $0.00, reflecting the option conversion on exercise.

Key Details

• Transaction date: 2026-06-03; Form filed: 2026-06-05 (filed within the usual two-business-day Form 4 deadline).
• Exercise: 500,000 shares acquired at $7.68 each — $3,840,000 total.
• Sale: 500,000 shares sold at a weighted average price of $34.42 — $17,210,450 total. Sale prices ranged from $34.00 to $34.82 (F1).
• Net proceeds (sale minus exercise cost) before taxes/fees: ≈ $13.37M.
• Shares owned after the transaction: not specified in the supplied filing details.
• Footnotes: F1 notes the weighted-average sale price and a per-trade price range ($34.00–$34.82). F2 notes these were options granted July 1, 2023 under the 2019 ESOP and vested on Feb 27, 2026.

Context

• This is an option exercise followed by an immediate sale (a cashless-style outcome): options were exercised and the resulting shares were sold the same day.
• Such transactions are routine for executives realizing vested option value; purchases can be seen as a stronger bullish signal than sales.
• The filing appears timely and factual; it does not provide the CEO’s remaining shareholdings or the company’s insider plan (if any) governing the sale.