Holland Noel R. 4

What Happened
Noel R. Holland, a director of Columbia Financial, Inc. (CLBK), was credited with 9.202 shares (phantom stock units) on February 6, 2026 at an imputed price of $18.52 per share, a total value of roughly $170. This was not an open-market purchase or sale but an award/acquisition tied to the company's stock-based deferral plan.

Key Details

• Transaction date: 2026-02-06; reported on Form 4 filed 2026-02-10.
• Price/value: $18.52 per share; total value ≈ $170.
• Transaction type: Award/acquisition (code A) — phantom stock purchased by the rabbi trust on a non‑discretionary basis (Footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Other footnotes in the filing: F2 notes certain stock awards under the 2019 Equity Incentive Plan vest on March 11, 2026; F3 notes some stock options are fully vested and exercisable.
• Filing timeliness: Filing date is four days after the transaction; the filing itself does not flag a tardiness designation.

Context
These phantom units were bought by the trustee of the bank’s rabbi trust as part of the Columbia Bank Stock Based Deferral Plan and will be settled in actual shares when distributed to the reporting person. Because this is a compensation/deferral transaction (not an open-market buy), it primarily reflects plan mechanics rather than an independent investment decision.