Columbia Financial (CLBK) Director Noel R. Holland Receives Award (14.566 shares)

What Happened
Noel R. Holland, a director of Columbia Financial, received 14.566 shares (transaction coded as an award/acquisition) at an effective price of $11.70 per share, valued at approximately $170. This was not an open-market buy or sale but an award/deferral credit under the company plan.

Key Details

• Transaction date: 2026-09-04; Filing date (Form 4): 2026-09-09 — filing appears timely (within the two-business-day window, accounting for the Labor Day holiday).
• Shares/units acquired: 14.566 at $11.70 per share; total value ≈ $170.
• Shares owned after transaction: Not reported in the provided filing details.
• Footnote (relevant): 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; the stock units will be settled in actual shares upon distribution to the reporting person.
• Transaction type: Award/acquisition (code A) — not a market purchase or sale.

Context
This was a small-value deferred-compensation credit (phantom stock) rather than an open-market purchase or a sale. Phantom stock units are bookkeeping units that convert into actual shares when paid out, so they reflect compensation/deferral mechanics rather than an immediate market investment decision.