Klimowich John 4
4 · Columbia Financial, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Columbia Financial (CLBK) SEVP John Klimowich Receives 36.967 Shares
What Happened John Klimowich, SEVP & Chief Risk Officer of Columbia Financial, received an award that resulted in the acquisition of 36.967 shares at an effective price of $18.52 per share, valued at approximately $685. The transaction is reported as an award/acquisition (Form 4, Period of Report: 2026-02-06; Filing Date: 2026-02-10).
Key Details
- Transaction date and price: 2026-02-06; 36.967 shares at $18.52 each (total ≈ $685).
- Shares owned after transaction: not disclosed in the provided filing details.
- Notable footnote: F1 — these represent phantom stock purchased on a non-discretionary basis by the trustee of the Bank’s rabbi trust under the Columbia Bank Stock Based Deferral Plan; stock unit interests will be settled in shares upon distribution.
- Other footnotes in the filing (F2–F8) describe vesting schedules and option terms for other awards/options in the company’s 2019 Equity Incentive Plan but are not directly applicable to this specific phantom-stock purchase.
- Filing: Report filed 2026-02-10 covering the Feb 6, 2026 transaction; no late-filing flag provided in the supplied data.
Context This was an award/deferral-type acquisition (phantom stock settled into shares upon distribution), not an open-market purchase or sale. Such plan-driven awards are typically part of compensation or deferral arrangements and do not necessarily signal the insider’s short-term view of the stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-06$18.52/sh+36.967$685→ 8,262.716 total(indirect: By Stock-Based Deferral Plan)
- 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.