Holland Noel R. 4

What Happened
Noel R. Holland, a director of Columbia Financial, Inc. (CLBK), was credited with 8.02 shares on July 10, 2026, at an acquisition price of $21.25 per share (total value $170). The transaction is reported as an award/acquisition (code A) and reflects phantom stock purchased for a rabbi trust under the company’s non‑qualified Columbia Bank Stock Based Deferral Plan.

Key Details

• Transaction date: July 10, 2026; Filing date: July 14, 2026.
• Quantity and price: 8.02 shares at $21.25 per share; reported total ~$170.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• Footnotes of note:
  • F1: These are phantom stock units purchased by the rabbi trust for the Stock Based Deferral Plan; units will be settled in actual shares when distributed to the reporting person.
  • F2/F3: Other footnotes in the filing reference standard equity award vesting (F2: awards vesting 3/12/2027) and fully vested/exercisable options (F3); they appear as background plan details in the filing.
• Timeliness: filing date is 4 days after the transaction; the excerpt does not indicate a late filing flag—consult the full SEC filing for any amendment or explanation.

Context
This was a plan-driven award (phantom stock placed into a rabbi trust) rather than an open-market purchase or sale by the director. Such plan contributions are routine compensation or deferral mechanics and, by themselves, are typically less indicative of an insider’s market view than active purchases or sales. The phantom units will convert to shares upon distribution per the plan rules.