Holland Noel R. 4
4 · Columbia Financial, Inc. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
Columbia Financial (CLBK) Director Noel R. Holland Receives Award
What Happened Noel R. Holland, a director of Columbia Financial, acquired 9.601 shares (phantom stock units) at an indicated price of $17.75 per share, for a total value of about $170, on April 6, 2026. The transaction is recorded as an award/acquisition (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: April 6, 2026 — 9.601 units @ $17.75 each (total ≈ $170).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnote F1: These are phantom stock units purchased on a non-discretionary basis by the trustee of the Bank's rabbi trust under the Columbia Bank Stock Based Deferral Plan; units will be settled in actual shares upon distribution to the reporting person.
- Additional footnotes in the filing: F2 notes other stock awards that vest Mar 12, 2027; F3 notes certain stock options are fully vested and exercisable.
- Timeliness: Filing was timely (transaction 2026-04-06; Form 4 filed 2026-04-07).
Context This was a plan-based acquisition (phantom stock units) through a non-qualified deferral plan and trustee purchase — a routine compensation/deferral event rather than an open-market investment by the director. Such awards are common for directors and are typically administrative in nature; they will convert to shares when distributed.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-06$17.75/sh+9.601$170→ 10,039.978 total(indirect: By Stock-Based Deferral Plan)
- 36,726
Common Stock
- 46,280(indirect: By IRA)
Common Stock
- 2,952(indirect: Stock Award V)
Common Stock
[F2] - 83,294
Stock Options (right to buy)
[F3]Exercise: $15.60From: 2020-07-23Exp: 2029-07-23→ Common Stock (83,294 underlying)
Footnotes (3)
- [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 which vest in one year on March 12, 2027.
- [F3]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.