Form 4: Columbia Sportswear Executive Craig Zanon Reports Stock Transactions
SEC Form 4 Filing
EVP Craig Zanon reports the vesting of restricted stock units and subsequent tax withholding by Columbia Sportswear.
Summary
- Craig Zanon, an EVP at Columbia Sportswear, filed a Form 4 detailing changes in beneficial ownership.
- On May 1, 2024, 477 restricted stock units vested and were converted to common stock.
- The company withheld 160 shares at a price of $81.48 to cover tax obligations.
- Following these transactions, Zanon directly owns 1,852 shares of common stock and 476 restricted stock units.
- The restricted stock units vest annually, with vested shares delivered on designated vest dates.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; neither particularly positive nor negative.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and insider ownership.
- Employees may be interested in the details of executive compensation packages.
Key Dates
| Date | Description |
|---|---|
| 04/30/2021 | Reporting person was granted 1,907 restricted stock units |
| 05/01/2024 | Restricted stock units vested and shares were withheld for taxes. |
| 05/03/2024 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.