Holland Noel R. 4
4 · Columbia Financial, Inc. · Filed Jun 16, 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, received an award/other acquisition of 8.233 shares valued at $20.70 each (total value $170) on June 12, 2026. This was an award of phantom stock units purchased by the trustee of a rabbi trust under a non‑qualified deferral plan—not an open‑market purchase or sale.
Key Details
- Transaction date and price: 2026-06-12; 8.233 shares at $20.70 per share; total value $170.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: Units represent phantom stock purchased by the trustee of the Bank’s rabbi trust under the Columbia Bank Stock Based Deferral Plan; units will be settled in shares upon distribution.
- F2/F3: Filing also references the 2019 Equity Incentive Plan (vesting and exercisability rules) though those appear to be general plan notes rather than specific to this grant.
- Filing timeliness: Report filed 2026-06-16 for the 2026-06-12 transaction (filed after the usual 2‑business‑day Form 4 window), which delays public transparency.
Context
- These units are deferred compensation (phantom stock) and will be converted to actual shares only upon distribution, so this is a routine compensation-related acquisition rather than a market buy indicating trading sentiment.
Insider Transaction Report
Form 4
Holland Noel R.
Director
Transactions
- Award
Common Stock
[F1]2026-06-12$20.70/sh+8.233$170→ 10,056.919 total(indirect: By Stock-Based Deferral Plan)
Holdings
- 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.
Signature
/s/ Dennis E. Gibney, Power of Attorney|2026-06-16