Klimowich John 4

What Happened John Klimowich, Senior Executive Vice President & Chief Risk Officer of Columbia Financial, reported two open-market purchases on July 20, 2026. He acquired 5,000 shares at $10.00 each ($50,000) and 30,000 shares at $10.00 each ($300,000), for a total of 35,000 shares purchased for $350,000. These were purchases (transaction code P), which are typically viewed as an insider buying stock rather than selling.

Key Details

• Transaction date(s): July 20, 2026 (reported on Form 4 filed July 22, 2026).
• Prices and amounts: 5,000 shares @ $10.00 ($50,000) and 30,000 shares @ $10.00 ($300,000); total 35,000 shares for $350,000.
• Transaction type: Open market purchases (code P).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: Filing includes multiple footnotes describing outstanding equity awards and option vesting schedules under the Columbia Financial, Inc. 2019 Equity Incentive Plan (performance- and time-based vesting; some awards vest in installments beginning in 2025–2027; one note indicates certain options are fully vested).
• Timeliness: Form 4 was filed two days after the trades (within the typical 2-business-day window).
• Exhibit: Exhibit 24 — Power of Attorney listed.

Context

• Purchases by executives are often watched by investors as a positive signal because they increase the insider's stake; filings are factual disclosures and do not explain insider motivation.
• The footnotes indicate the insider (and/or others covered by the filing) has various equity awards and option grants with differing vesting schedules; these are separate from the open-market purchases reported here.