Klimowich John 4

What Happened
John Klimowich, Senior Executive Vice President & Chief Risk Officer of Columbia Financial, was granted 33.073 shares (stock units) on 2026-06-12 at a reported per-share value of $20.70, totaling about $685. The transaction is an award/acquisition (grant of phantom stock units), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-12; Filing date: 2026-06-16 (Accession: 0001729859-26-000031).
• Shares/units granted: 33.073; Reported price/value: $20.70 per share; Total value ≈ $685.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnote F1 applies: these are phantom stock units purchased by the trustee of the rabbi trust under the Columbia Bank Stock Based Deferral Plan and will be settled in shares when distributed.
• Other footnotes in the filing (F2–F8) describe vesting schedules and option rules for other awards/options under the 2019 Equity Incentive Plan but do not alter that this grant is a phantom-stock award.
• No indication in the provided data that this filing was late.

Context
Phantom stock units are a form of deferred compensation: units are recorded now and converted to actual shares (or paid out) upon distribution, subject to plan terms. This small-valued grant appears to be a routine deferral-plan transaction rather than an open-market buy or a sale; such internal awards are common and do not in themselves signal an executive's immediate market view.