{"url_path":"/sec/colm/8-k/2026-06-16/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-16","source_url":"https://www.sec.gov/Archives/edgar/data/1050797/0001050797-26-000124-index.html","accession_number":"0001050797-26-000124","cik":"0001050797","ticker":"COLM","issuer_name":"COLUMBIA SPORTSWEAR CO","edgar_url":"https://www.sec.gov/Archives/edgar/data/1050797/0001050797-26-000124-index.html","primary_entity_key":"0001050797","primary_entity_name":"COLUMBIA SPORTSWEAR CO"},"word_count":328,"has_tables":true,"body_markdown":"ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS\n\nOn June 10, 2026, Columbia Sportswear Company (the “Company”) held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”).\n\nAt the Annual Meeting, the Company’s shareholders, upon recommendation from the Company’s Board of Directors (the “Board”), approved the Company’s Amended and Restated 2020 Stock Incentive Plan (the “Amended Plan”). The Amended Plan became effective on June 10, 2026, immediately following the Annual Meeting (the “Effective Date”). After the Effective Date, all new awards will be granted under the Amended Plan.\n\nThe purpose of the Amended Plan is to attract and retain employees, non-employee directors and other eligible service providers and to provide additional incentives to those persons to continue to work in the best interests of the Company and its shareholders. The Amended Plan provides for equity-based awards covering up to 9 million shares of the Company’s common stock, an increase of 4.5 million shares from the 4.5 million shares previously authorized for issuance under the 2020 Stock Incentive Plan (including the maximum 1.5 million shares that previously became available for issuance from the Company’s 1997 Stock Incentive Plan). The Board has delegated authority for administration of the Amended Plan to the Talent and Compensation Committee, which is composed entirely of “independent directors” within the meaning of Nasdaq independence requirements and \"non-employee directors\" as defined in Rule 16b-3 under the Securities Exchange Act of 1934, as amended.\n\nThis summary of the Amended Plan is qualified in its entirety by reference to the full text of the Amended Plan, a copy of which is filed as Exhibit 10.1 and incorporated by reference herein. A more detailed description of the Amended Plan can also be found in “Proposal 4 – Approval of the Amended and Restated 2020 Stock Incentive Plan” in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 24, 2026."}