Columbia Sportswear (NASDAQ: COLM) CFO sells 4,000 shares after exercising stock options

Rhea-AI Filing Summary

Columbia Sportswear EVP & CFO Jim Swanson reported an exercise-and-sell sequence in company stock. On May 26–27, 2026, he exercised options to acquire a total of 4,000 shares of common stock at exercise prices of $55.53 and $57.95 per share, then sold 4,000 shares in open-market transactions at prices of $65.50 and $68.00 per share. One of the reported 2,000-share sales on May 27 occurred automatically under a Rule 10b5-1 trading plan. Following these transactions, Swanson directly holds 16,877 shares of Columbia Sportswear common stock.

Insider Trade Summary 10b5-1

Net Seller: 4,000 shares ($267,000)

Net Sell 6 txns

Insider Swanson Jim A

Role EVP & CFO

Sold 4,000 shs ($267K)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy)	2,000	$0.00	--
Exercise	Common Stock	2,000	$57.95	$116K
Sale	Common Stock	2,000	$68.00	$136K
Exercise	Employee Stock Option (right to buy)	2,000	$0.00	--
Exercise	Common Stock	2,000	$55.53	$111K
Sale	Common Stock	2,000	$65.50	$131K

Holdings After Transaction: Employee Stock Option (right to buy) — 2,033 shares (Direct, null); Common Stock — 18,877 shares (Direct, null)

Footnotes (1)

1. The reported sale of 2,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2026. The option was granted for 3,907 shares on January 26, 2017 and became exercisable for 25% of the shares on each of the first four anniversaries of the grant date. The option was granted for 4,033 shares on July 20, 2017 and became exercisable for 25% of the shares on each of the first four anniversaries of the grant date.

Key Figures

Shares sold: 4,000 shares Sale prices: $65.50 and $68.00 per share Options exercised: 4,000 shares +3 more

6 metrics

Shares sold 4,000 shares Common stock sold in open-market transactions on May 26–27, 2026

Sale prices $65.50 and $68.00 per share Prices for 2,000-share sales on May 26 and May 27, 2026

Options exercised 4,000 shares Common stock acquired via option exercises on May 26–27, 2026

Exercise prices $55.53 and $57.95 per share Conversion prices for exercised employee stock options

Post-transaction holdings 16,877 shares Direct Columbia Sportswear common stock held after transactions

Net share change 4,000 shares Net-sell shares according to transaction summary for this Form 4

Key Terms

Rule 10b5-1 trading plan, Employee Stock Option (right to buy), open-market sale, derivative security

4 terms

Rule 10b5-1 trading plan financial

"The reported sale of 2,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Employee Stock Option (right to buy) financial

"security_title: "Employee Stock Option (right to buy)" with underlying common stock shares"

open-market sale financial

"transaction_action: "open-market sale" and code S described as sale in open market"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security" for option exercises"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Swanson Jim A

(Last) (First) (Middle)

C/O COLUMBIA SPORTSWEAR COMPANY

14375 NW SCIENCE PARK DRIVE

(Street)

PORTLAND OREGON 97229

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
COLUMBIA SPORTSWEAR CO [ COLM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/26/2026		M		2,000	A	$55.53	18,877	D
Common Stock	05/26/2026		S		2,000(1)	D	$65.5	16,877	D
Common Stock	05/27/2026		M		2,000	A	$57.95	18,877	D
Common Stock	05/27/2026		S		2,000(1)	D	$68	16,877	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	$55.53	05/26/2026		M			2,000	(2)	01/25/2027	Common Stock	2,000	$0	1,907	D
Employee Stock Option (right to buy)	$57.95	05/27/2026		M			2,000	(3)	07/19/2027	Common Stock	2,000	$0	2,033	D

Explanation of Responses:

1. The reported sale of 2,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2026.

2. The option was granted for 3,907 shares on January 26, 2017 and became exercisable for 25% of the shares on each of the first four anniversaries of the grant date.

3. The option was granted for 4,033 shares on July 20, 2017 and became exercisable for 25% of the shares on each of the first four anniversaries of the grant date.

Remarks:

	Christina A. Mecklenborg, Attorney-in-Fact	05/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did COLM CFO Jim Swanson report on this Form 4?

Jim Swanson reported exercising options for 4,000 Columbia Sportswear shares and selling 4,000 common shares. The sales occurred on May 26–27, 2026 at prices between $65.50 and $68.00 per share, following option exercises at lower strike prices.

At what prices did COLM CFO Jim Swanson sell Columbia Sportswear shares?

Jim Swanson sold 2,000 Columbia Sportswear common shares at $65.50 and another 2,000 shares at $68.00. These open-market sales followed option exercises and reflect transactions over two days, May 26–27, 2026, as disclosed in the Form 4 filing.

How many Columbia Sportswear shares does COLM CFO Jim Swanson hold after these trades?

After the reported transactions, Jim Swanson directly holds 16,877 Columbia Sportswear common shares. This figure reflects his position after exercising 4,000 options and selling 4,000 shares in open-market transactions reported for May 26 and May 27, 2026.

Were any of Jim Swanson’s COLM share sales under a Rule 10b5-1 plan?

Yes. A reported sale of 2,000 Columbia Sportswear shares on May 27, 2026 occurred automatically under a Rule 10b5-1 trading plan. The plan was adopted on February 20, 2026, indicating that particular sale was pre-scheduled rather than a discretionary market-timing decision.

What stock options did COLM CFO Jim Swanson exercise in this Form 4?

Jim Swanson exercised employee stock options covering 4,000 shares of Columbia Sportswear common stock. These came from grants originally covering 3,907 and 4,033 shares, with portions vesting annually. The exercised shares had conversion prices of $55.53 and $57.95 per share, respectively.