Karlsson Jutta C 4

What Happened

• Jutta C. Karlsson, General Counsel of Amer Sports, had 1,485 restricted stock units (RSUs) convert into 1,485 ordinary shares on 2026-04-15 (reported as a derivative exercise/conversion). Following the conversion, 662 of those shares were sold in an open-market sell-to-cover transaction on 2026-04-16 at a weighted average price of $36.26, generating $24,004 in proceeds. The conversion showed $0.00 cost (typical for RSU vesting).

Key Details

• Transaction dates: RSU conversion/exercise 2026-04-15; sale (open market / sell-to-cover) 2026-04-16.
• Sale details: 662 shares sold, weighted average price $36.26, proceeds $24,004; sale prices ranged $36.08–$36.45 per footnote.
• Derivative/vesting: 1,485 RSUs converted to shares (transaction code M); price reported as N/A/$0.00 reflecting RSU vesting, not a paid purchase.
• Tax withholding: Shares sold pursuant to an automatic sell-to-cover to satisfy tax withholding on vesting (footnote).
• Grant context: These RSUs were granted under the Amer Sports 2024 Omnibus Incentive Plan on 2024-04-15 and were scheduled to vest in installments on the second and third anniversaries (so the 4/15/2026 conversion aligns with scheduled vesting).
• Filing: Form 4 filed 2026-04-17 reporting 4/15–4/16 activity; no late-filing indication in the provided data.

Context

• This was not a discretionary sale expressing a view of the stock — the 662-share sale was an automatic sell-to-cover to satisfy taxes after RSU vesting. Conversions of RSUs (derivative exercises) convert contingent awards into ordinary shares rather than represent a cash purchase. Such transactions are common following equity award vesting and typically do not signal insider sentiment.