COLM - At Columbia Sportswear STEPHEN BABSON Chooses To Exercise Options Resulting In $179K | Benzinga
Highlighted on February 14, it was unveiled in an SEC filing that BABSON, Board Member at Columbia Sportswear (NASDAQ:COLM), executed a significant transaction involving the exercise of company stock options.
What Happened: A notable Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission revealed that BABSON, Board Member at Columbia Sportswear, exercised stock options for 4,578 shares of COLM, resulting in a transaction value of $179,686.
Columbia Sportswear shares are currently trading down by 0.16%, with a current price of $81.36 as of Thursday morning. This brings the total value of BABSON's 4,578 shares to $179,686.
Delving into Columbia Sportswear's Background
Columbia Sportswear Co makes outdoor and active-lifestyle apparel, footwear, equipment, and accessories that it sells under four primary brands: Columbia, Sorel, Mountain Hardwear, and prAna. The majority of sales are in the United States, but the company also has remarkable sales in its three other geographic segments: Latin American and Asia-Pacific; Europe, Middle East, and Africa; and Canada. The majority of sales are through wholesale channels, including sporting goods and department stores, but the company also operates its own branded stores in each of its geographic segments. Columbia sources products from around the world and uses contract manufacturers outside the United States, predominantly in Asia, to manufacture its products.
Columbia Sportswear: Delving into Financials
Revenue Growth: ...