2,000-share sale planned by insider under option exercise (NASDAQ: COLM)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Rule 144 notice reporting an insider proposes to sell 2,000 shares of Common Stock on 05/27/2026 via a stock option exercise for cash. The filing also records a sale of 2,000 shares on 05/26/2026 with a reported value of $131,000.00.

Insights

Securities Compliance Counsel

Routine Rule 144 notice for an issuer-directed option exercise and resale.

The filing lists a stock option exercise and proposed sale of 2,000 shares on 05/27/2026 with cash proceeds referenced. Rule 144 notices are administrative disclosures required for restricted or control stock sales.

Timing and exact cash-flow mechanics are stated as cash and specific per-transaction amounts are shown for recent activity; subsequent SEC filings or broker confirmations would record completion.

Key Figures

Proposed shares to be sold: 2,000 shares Reported value (header): $136,000.00 Recent sale value: $131,000.00 +1 more

4 metrics

Proposed shares to be sold 2,000 shares to be sold on <date>05/27/2026 via stock option exercise

Reported value (header) $136,000.00 appears in filing header associated with the 2,000-share line

Recent sale value $131,000.00 2,000 shares sold on <date>05/26/2026 (Securities Sold During The Past 3 Months)

Filing date(s) 05/27/2026 dates listed for securities to be sold and filer entries

Key Terms

Stock Option Exercise, Rule 144, ISSUER

3 terms

Stock Option Exercise financial

"Securities To Be Sold ... Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Rule 144 regulatory

"form_type: "144" and filing context indicating Rule 144 notice"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

ISSUER regulatory

"Securities To Be Sold ... ISSUER ... Cash"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2000	136000.00	51140792	05/27/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/27/2026	Stock Option Exercise	ISSUER			2000	05/27/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JIM SWANSON 14375 Northwest Science Park Drive Portland OR 97229	Common	05/26/2026	2000	131000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the COLM Rule 144 filing report?

It reports a proposed sale of 2,000 Common shares via a stock option exercise on 05/27/2026. The notice also lists a recent sale of 2,000 shares on 05/26/2026 with $131,000.00 reported.

Who is the filer in the COLM Rule 144 notice?

The filer is listed as Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza. The filing indicates the transaction involves the issuer and an insider-related sale of Common stock.

How many shares does the filing show were sold recently?

The filing shows 2,000 shares sold on 05/26/2026 with a reported value of $131,000.00. This amount appears alongside the securities sold during the past three months entry.

What method of sale is indicated for the 05/27/2026 transaction?

The 05/27/2026 transaction is described as a Stock Option Exercise with proceeds listed as Cash. The filing attributes the sale method to the issuer in the table.

Does the filing state who receives the proceeds?

The filing labels the transaction as involving the ISSUER and shows Cash as the consideration method; it does not further detail recipient allocation beyond that label.