Splaine Thomas Jr 4

What Happened Splaine Thomas Jr, EVP and Chief Financial Officer of Columbia Financial, purchased 50,000 shares of CLBK common stock in an open-market transaction on July 20, 2026. The shares were bought at $10.00 per share for a total reported cost of $500,000 (transaction code P), reported on a Form 4 filed July 22, 2026. This was a purchase (a cash outflow by the insider), which many investors view as a sign of insider confidence, though the filing itself does not state a motive.

Key Details

• Transaction date: 2026-07-20; Form 4 filed: 2026-07-22.
• Price and amount: 50,000 shares at $10.00 per share; total $500,000.
• Transaction type/code: Open-market purchase (P).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes included in the filing:
  • F1: Stock awards vest in three approx. equal annual installments beginning March 3, 2026.
  • F2: Performance-based stock awards vest, if achieved, on March 2, 2029.
  • F3: Stock options vest in three approx. equal annual installments beginning March 3, 2026.
  • F4: Stock options vest in three approx. equal annual installments beginning March 2, 2027.
• Exhibit: Exhibit 24 (Power of Attorney) included.
• Timeliness: Filed two days after the transaction date; no late filing flag apparent.

Context

• This was a straightforward open-market purchase (not an option exercise, award grant, or gift).
• Insider purchases can be of interest to retail investors as one data point about executive sentiment, but a single trade should be considered alongside other factors (company fundamentals, prior insider activity, and public disclosures).