Klimowich John 4
4 · Columbia Financial, Inc. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Columbia Financial (CLBK) SEVP John Klimowich Receives Award
What Happened John Klimowich, SEVP and Chief Risk Officer of Columbia Financial, received an award/acquisition of 37.127 shares at $18.44 each (total value ≈ $685) reported on a Form 4 covering the Feb 20, 2026 transaction. The entry is coded as an acquisition/award (A) rather than an open-market purchase or sale.
Key Details
- Transaction date: February 20, 2026; filing date: February 24, 2026 (filed within required reporting window).
- Shares/amount: 37.127 units at $18.44 per share; total value reported ≈ $685.
- Shares owned after transaction: not specified in the Form 4 disclosure.
- Footnote F1 (relevant): 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 shares upon distribution to the reporting person.
- Other footnotes in the filing (F2–F8) describe vesting schedules for various stock awards and options under the 2019 Equity Incentive Plan but are not directly tied to this specific phantom-stock purchase.
- Transaction code: A (award/acquisition).
Context This was a small, routine award delivered through a deferral plan (phantom stock in a rabbi trust), not an open-market buy or sell. Such non-discretionary deferrals are administrative/remuneration events and do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Klimowich John
SEVP & Chief Risk Officer
Transactions
- Award
Common Stock
[F1]2026-02-20$18.44/sh+37.127$685→ 8,299.843 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|2026-02-24