COLM - Jim Swanson At Columbia Sportswear Decides to Exercises Options Worth $195K | Benzinga
Highlighted on May 1, it was unveiled in an SEC filing that Swanson, EVP & CFO at Columbia Sportswear (NASDAQ:COLM), executed a significant transaction involving the exercise of company stock options.
What Happened: Disclosed in a Form 4 filing on Wednesday with the U.S. Securities and Exchange Commission, Swanson, EVP & CFO at Columbia Sportswear, executed a strategic derivative sale. This involved exercising stock options for 7,199 shares of COLM, resulting in a transaction value of $195,079.
The Thursday morning update indicates Columbia Sportswear shares up by 0.27%, currently priced at $81.7. At this value, Swanson's 7,199 shares are worth $195,079.
Discovering Columbia Sportswear: A Closer Look
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 ...