Holland Noel R. 4

What Happened Noel R. Holland, a director of Columbia Financial, acquired 8.708 shares on 2026-05-15 through an award/grant reported as an acquisition (A). The shares were recorded at $19.57 each for a total value of roughly $170. This was an award/deferral-type acquisition rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-15 — 8.708 shares at $19.57 per share (total ≈ $170).
• Filing date: 2026-05-19 (filed 4 days after the transaction); appears late relative to the SEC’s typical 2-business-day Form 4 deadline.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Relevant footnote (F1): These represent phantom stock purchased, on a non-discretionary basis, by the trustee of the Bank’s rabbi trust under the Columbia Bank Stock Based Deferral Plan; the stock unit interests will be settled in shares upon distribution to the reporting person.
• Other footnotes in the filing (F2, F3) reference plan vesting and option status for other awards/options but do not change the description of this acquisition.

Context This was an award/deferral credit (not a sale), which is typically part of compensation or deferred equity arrangements. Because the units are held in a rabbi trust and will convert to shares upon distribution, the transaction differs from an open-market purchase and primarily reflects plan-driven compensation/deferral mechanics. The late filing reduces timeliness of disclosure but does not by itself indicate intent or trading strategy.