Form 4: Columbia Sportswear Executive Reports Stock Transactions
SEC Form 4 Filing
Craig Zanon, EVP at Columbia Sportswear, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Craig Zanon, an Executive Vice President at Columbia Sportswear, filed a Form 4 detailing changes in beneficial ownership.
- On May 1, 2025, 476 restricted stock units vested and were converted to common stock.
- The company withheld 160 shares to cover tax obligations at a price of $62.27 per share.
- Following these transactions, Zanon directly owns 3,592 shares of Columbia Sportswear common stock.
- The restricted stock units were granted on April 30, 2021, and vest annually over four years.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects changes in executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/30/2021 | Reporting person was granted 1,907 restricted stock units |
| 05/01/2025 | Restricted stock units vested and converted to common stock; shares withheld for taxes. |
| 05/05/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Restricted Stock Units, COLM, Columbia Sportswear, Zanon, Executive Compensation
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