Jennings William Justin 4
4 · Columbia Financial, Inc. · Filed Apr 21, 2025
Insider Transaction Report
Form 4
Jennings William Justin
EVP, Operations Officer
Transactions
- Award
Common Stock
2025-04-17$13.28/sh+56.476$750→ 2,713.012 total(indirect: By Stock-Based Deferral Plan)
Holdings
- 11,754
Common Stock
- 41,475
Stock Options (right to buy)
Exercise: $21.79From: 2023-03-21Exp: 2032-03-21→ Common Stock (41,475 underlying) - 13,051
Stock Options (right to buy)
Exercise: $16.23From: 2026-03-03Exp: 2035-03-03→ Common Stock (13,051 underlying) - 5,715
Stock Options (right to buy)
Exercise: $16.49From: 2025-03-06Exp: 2034-03-06→ Common Stock (5,715 underlying) - 7,533(indirect: By Stock Award III)
Common Stock
- 3,116(indirect: By ESOP)
Common Stock
- 7,795(indirect: By Stock Award II)
Common Stock
- 608(indirect: By SERP)
Common Stock
Footnotes (6)
- [F1]Represents phantom stock purchased, on a non-discretionary basis, by the trustee of the Bank's rabbi trust maintained in connection with the Columbia Bank Stock Based Deferral Plan, a non-qualified stock-based deferral plan. Stock unit interests under the Columbia Bank Stock Based Deferral Plan will be settled in shares of stock upon distribution to the reporting person.
- [F2]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on March 6, 2025; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
- [F3]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award on March 3, 2028.
- [F4]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
- [F5]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 6, 2025.
- [F6]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 3, 2026.