Form 4: Columbia Sportswear Executive Peter Bragdon Reports Gift of Shares to Children

EVP, CAO, and General Counsel of Columbia Sportswear, Peter J. Bragdon, reports gifting shares of common stock to his children.

Summary

• On June 5, 2024, Peter J. Bragdon, EVP, CAO, and General Counsel of Columbia Sportswear Co, reported a transaction involving the gift of common stock.
• He gifted 100 shares of common stock directly.
• He also gifted 200 shares to each of his two children, resulting in an indirect acquisition of 400 shares by his children.
• Following these transactions, Bragdon directly owns 22,015 shares and his children indirectly own 400 shares.
• Bragdon disclaims beneficial ownership of the shares held by his children.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a gift of shares, which is a neutral event from an investment perspective.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on stock prices.

Related Party Transactions

• The gift of shares to the reporting person's children constitutes a related party transaction.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a personal transaction of an executive.

Key Dates