Columbia Sportswear Company

06/16/2026 | Press release | Distributed by Public on 06/16/2026 14:20

Proxy Results, Management Change/Compensation (Form 8-K)

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On June 10, 2026, Columbia Sportswear Company (the "Company") held its 2026 Annual Meeting of Shareholders (the "Annual Meeting").
At 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.
The 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.
This 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.
ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
The total number of shares of the Company's common stock voted virtually or by proxy at the Annual Meeting was 49,612,600, representing approximately 97% of the 51,140,792 shares outstanding and entitled to vote at the Annual Meeting. The following matters were submitted to a vote of the shareholders, the results of which were as follows:
1.Election of Directors. The following persons were elected as directors of the Company by the votes cast as follows:
Votes For Votes Against or Withheld Broker Non-Votes
Timothy P. Boyle 47,824,163 140,353 1,648,084
Stephen E. Babson 47,364,749 599,767 1,648,084
Andy D. Bryant 46,397,053 1,567,463 1,648,084
John W. Culver 47,857,934 106,582 1,648,084
Charles D. Denson 47,929,494 35,022 1,648,084
Kevin Mansell 47,067,087 897,429 1,648,084
Ronald E. Nelson 47,796,858 167,658 1,648,084
Christiana Smith Shi 47,889,964 74,552 1,648,084
Sabrina L. Simmons 47,885,378 79,138 1,648,084
Malia H. Wasson 47,426,852 537,664 1,648,084
2.Ratification of Deloitte & Touche LLP. The proposal to ratify the selection of Deloitte & Touche LLP as the Company's independent registered public accounting firm for 2026 was approved as follows:
For Against Abstentions
49,393,337 205,267 13,996
3.Approval of Executive Compensation. The proposal to approve, by non-binding vote, executive compensation passed with the following votes:
For Against Abstentions Broker Non-Votes
47,847,695 98,053 18,768 1,648,084
4.Approval of 2020 Stock Incentive Plan. The proposal to approve the Columbia Sportswear Company Amended and Restated 2020 Stock Incentive Plan passed with the following votes:
For Against Abstentions Broker Non-Votes
41,006,074 6,931,794 26,648 1,648,084
5.Proxy Access. The shareholder proposal regarding proxy access was rejected with the following votes:
For Against Abstentions Broker Non-Votes
13,880,262 34,042,003 42,251 1,648,084
Columbia Sportswear Company published this content on June 16, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 16, 2026 at 20:20 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]