Columbia Financial (CLBK) Director Noel R. Holland Receives Award

What Happened Noel R. Holland, a director of Columbia Financial, Inc. (CLBK), received a grant/award of 15.721 shares on August 7, 2026. The reported price per share was $10.84, for a total reported value of approximately $170. The transaction is coded as an acquisition/award (A), not an open-market purchase.

Key Details

• Transaction date: 2026-08-07; filing date: 2026-08-11 (filed on the second business day, timely per Form 4 rules).
• Price reported: $10.84 per share; shares acquired: 15.721; total value ≈ $170.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnote F1: These represent 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 shares upon distribution.
• Other footnotes in the filing: F2 refers to stock awards that vest on March 12, 2027; F3 notes certain stock options are fully vested and exercisable.

Context This was an awarded/deferral-type acquisition (phantom stock via a rabbi trust), which will convert to actual shares upon distribution—different from a cash open-market buy or an exercised-and-sold option. Such awards are common for deferred compensation and don’t necessarily signal immediate buying or selling intent.