Holland Noel R. 4

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.