Form 4: Columbia Sportswear Executive Lisa Kulok Reports Stock Transactions
SEC Form 4 Filing
Lisa Kulok, EVP Chief Supply Chain Officer at Columbia Sportswear, reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- Lisa Kulok, an executive at Columbia Sportswear, filed a Form 4 detailing changes in her beneficial ownership of company stock.
- The transactions involve the vesting of restricted stock units (RSUs) and the subsequent withholding of shares to cover tax obligations.
- On February 3, 2025, 149, 271, and 319 RSUs vested and converted into common stock.
- A total of 300 shares were withheld by Columbia Sportswear at a price of $85.19 to satisfy tax obligations related to the vesting of these RSUs.
- Following these transactions, Kulok directly owns 4,268 shares of Columbia Sportswear common stock and holds 1,817 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not convey any particularly positive or negative sentiment.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/28/2021 | Reporting person was granted 1,199 restricted stock units, 12.5% of the restricted stock units vest semi-annually |
| 08/01/2022 | The grant of 2,167 restricted stock units vests at 12.5% every six months beginning on August 1, 2022. |
| 08/01/2023 | The grant of 2,554 restricted stock units vests at 12.5% every six months beginning on August 1, 2023. |
| 02/03/2025 | Date of earliest transaction: vesting of restricted stock units and tax withholding. |
| 02/05/2025 | Date of Form 4 filing. |
Keywords
Form 4, Stock, Restricted Stock Units, COLM, Columbia Sportswear, Beneficial Ownership, Insider Trading
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