Columbia Financial (CLBK) Exec Dennis Gibney Buys 44,500 Shares

What Happened

• Dennis E. Gibney, 1st Senior EVP, Chief Banking Officer and Director of Columbia Financial, bought a total of 44,500 shares on July 20, 2026. The purchases were reported as open market or private purchases (code P) at $10.00 per share, totaling $445,000.
• Purchases by insiders are generally viewed as a positive (buy) signal because the insider is acquiring company stock, though this filing alone does not explain motivation.

Key Details

• Transaction dates and prices:
  • 20,500 shares @ $10.00 = $205,000 (7/20/2026)
  • 12,500 shares @ $10.00 = $125,000 (7/20/2026)
  • 11,500 shares @ $10.00 = $115,000 (7/20/2026)
• Total acquired: 44,500 shares for $445,000.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Report filed 2026-07-22 for transactions on 2026-07-20 (filed within the normal Form 4 reporting window; not indicated as late).
• Footnotes in the filing note existing equity awards and option grants under the Columbia Financial, Inc. 2019 Equity Incentive Plan (various vesting schedules and performance-based vesting). These footnotes describe separate awards/options and do not change that these items were open-market purchases.
• Exhibit included: Exhibit 24 — Power of Attorney.

Context

• Transaction code P = Purchase (insider bought shares). No option exercises, gifts, or sales are reported in this filing excerpt.
• For retail investors: insider purchases can signal confidence but should be considered alongside other information (financials, timing, size relative to insider holdings). This filing does not provide the insider’s total post-transaction ownership, so gauge impact accordingly.