Klimowich John 4

What Happened

• John Klimowich, Senior EVP & Chief Risk Officer of Columbia Financial (CLBK), received a stock award on March 6, 2026 (transaction code A) of 37.908 shares valued at $18.06 each (total ~$685). On the same date, 402 shares were disposed/withheld to cover tax liabilities (transaction code F) at $18.06 per share (total $7,260).
• This was not an open-market sale or purchase by the insider; the F-code disposition reflects tax withholding tied to an award or vesting event rather than a market sale.

Key Details

• Transaction date: March 6, 2026; Filing date: March 10, 2026 (no late-filing flag shown in the provided data).
• Prices: $18.06 per share for both the award and the shares withheld.
• Amounts: 37.908 shares acquired (A) — $685; 402 shares withheld/disposed (F) — $7,260.
• Shares owned after transaction: not specified in the supplied summary (see full Form 4 for holdings).
• Footnotes: filing indicates these shares relate to stock awards/deferral plans and staged/performance-based vesting under the Columbia Financial 2019 Equity Incentive Plan (see footnotes F1 and F3–F11 in the filing for vesting and plan details).
• Transaction codes explained: A = award/grant (acquisition); F = payment of exercise price or tax liability (here, shares withheld to cover taxes).

Context

• This appears to be a routine vesting/award transaction with shares withheld to satisfy tax obligations (common practice). It does not indicate an open-market sale by the insider and should be interpreted as compensation-related rather than a directional investment bet.