Form 4: Columbia Sportswear Director Sabrina Simmons Reports Stock Transactions
SEC Form 4 Filing
Director Sabrina Simmons of Columbia Sportswear Co. reports the vesting of restricted stock units and subsequent sale of shares.
Summary
- On May 1, 2024, Sabrina Simmons, a director at Columbia Sportswear Co., had 2,093 restricted stock units vest and convert to common stock.
- Following the vesting, Ms. Simmons disposed of 2,093 shares.
- On May 2, 2024, she sold 523 shares at a price of $81.70.
- On May 3, 2024, she sold 518 shares at a price of $82.17.
- After these transactions, Ms. Simmons directly owns 5,965 shares of Columbia Sportswear Co.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the amounts are relatively small.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Restricted stock units vested and converted to common stock. |
| 05/02/2024 | 523 shares sold at $81.70. |
| 05/03/2024 | 518 shares sold at $82.17. |
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