Form 4: Columbia Sportswear EVP & CFO Jim Swanson Reports Stock Transactions
SEC Form 4 Filing
Jim Swanson, EVP & CFO of Columbia Sportswear, reports the vesting and subsequent disposal of restricted stock units to cover tax obligations.
Summary
- On February 3, 2025, Jim Swanson, the EVP & CFO of Columbia Sportswear, reported transactions involving common stock and restricted stock units.
- These transactions involved the vesting of restricted stock units and the subsequent disposal of some shares to cover tax withholding obligations.
- Specifically, 449, 963, and 1,161 restricted stock units converted into common stock.
- 900 shares were withheld by the issuer to satisfy tax obligations at a price of $85.19 per share.
- Following these transactions, Swanson directly owns 11,096 shares of Columbia Sportswear common stock and 2,321 restricted stock units.
Sentiment
Score: 5
Explanation: The document reflects routine executive compensation transactions, which are neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. They are closely watched by investors to gauge management's sentiment and alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted compensation.
- Employees may be interested in the details of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 01/28/2021 | Reporting person was granted 1,798 restricted stock units, 25% of which vest annually. |
| 02/01/2023 | The grant of 3,852 restricted stock units vests at 25% annually beginning on this date. |
| 02/01/2024 | The grant of 4,643 restricted stock units vests at 25% annually beginning on this date. |
| 02/03/2025 | Date of the reported transactions: vesting of restricted stock units and disposal of shares for tax obligations. |
| 02/05/2025 | Date of the Form 4 filing. |
Keywords
Form 4, SEC Filing, Stock Transaction, Restricted Stock Units, Common Stock, Columbia Sportswear, Jim Swanson, Executive Compensation
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