Klimowich John 4
4 · Columbia Financial, Inc. · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
Columbia Financial (CLBK) SEVP John Klimowich Receives 43 Shares
What Happened
John Klimowich, Senior EVP & Chief Risk Officer of Columbia Financial (CLBK), was reported on Form 4 to have acquired 43.031 shares (phantom stock units) on 2026-01-23 at an implied price of $15.91 per share, a total value of approximately $685. This was an award/acquisition (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-23; Form 4 filed 2026-01-27 (no late filing indicated).
- Price: $15.91 per share; total value ≈ $685.
- Shares acquired: 43.031 phantom stock units.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote of note (F1): These are 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 actual shares upon distribution.
Context
- This is an award/acquisition of deferred/phantom stock units (not a market buy), so it reflects compensation/deferral mechanics rather than a direct trading signal.
- Phantom units convert to actual shares when distributed, which can result in future share issuance/dilution when settled.
- No options were exercised or shares sold in this transaction.
Insider Transaction Report
Form 4
Klimowich John
SEVP & Chief Risk Officer
Transactions
- Award
Common Stock
[F1]2026-01-23$15.91/sh+43.031$685→ 8,225.749 total(indirect: By Stock-Based Deferral Plan)
Holdings
- 60,769
Common Stock
- 17,130(indirect: By 401(k))
Common Stock
- 7,620(indirect: By ESOP)
Common Stock
- 7,051(indirect: By SERP)
Common Stock
- 4,214(indirect: By SIM)
Common Stock
- 13,781(indirect: By Stock Award II)
Common Stock
[F2] - 12,068(indirect: By Stock Award III)
Common Stock
[F3] - 11,723(indirect: By Stock Award IV)
Common Stock
[F4] - 188,235
Stock Options (right to buy)
[F5]Exercise: $15.60From: 2020-07-23Exp: 2029-07-23→ Common Stock (188,235 underlying) - 12,030
Stock Options (right to buy)
[F6]Exercise: $15.94From: 2024-05-01Exp: 2033-05-01→ Common Stock (12,030 underlying) - 8,850
Stock Options (right to buy)
[F7]Exercise: $16.49From: 2025-03-06Exp: 2034-03-06→ Common Stock (8,850 underlying) - 20,310
Stock Options (right to buy)
[F8]Exercise: $16.23From: 2026-03-03Exp: 2035-03-03→ Common Stock (20,310 underlying)
Footnotes (8)
- [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, 25% of which vest in three approximately equal annual installments commencing on May 1, 2024; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
- [F3]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on March 6, 2025; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
- [F4]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award on March 3, 2028.
- [F5]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
- [F6]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on May 1, 2024.
- [F7]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 6, 2025.
- [F8]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 3, 2026.
Signature
/s/ Dennis E. Gibney, Power of Attorney|2026-01-27