Klimowich John 4

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.