Columbia Financial (CLBK) SEVP John Klimowich Receives Award of 63 Shares

What Happened

• John Klimowich, SEVP & Chief Risk Officer of Columbia Financial, was granted/received 63.157 shares on August 7, 2026 at an attributed price of $10.84 per share, a total value of approximately $685. The transaction is reported as an award/acquisition (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-07; Filing date: 2026-08-11
• Price per share: $10.84; Shares acquired: 63.157; Total value: ~$685
• Shares owned after transaction: Not disclosed in the filing
• Footnotes of note:
  • F1: These are phantom stock units purchased by the trustee of the Bank’s rabbi trust under the Columbia Bank Stock Based Deferral Plan; units will be settled in actual shares upon distribution to the reporting person.
  • F2/F3: The filing reflects small rounding adjustments (+2 and -1 share) from prior reports.
• No indication in the filing that shares were sold or options exercised as part of this transaction.

Context

• This was an award of deferred/phantom stock units (not an immediate open-market purchase). Such awards are typically part of compensation or deferral arrangements and will convert to actual shares when distributed.
• The grant itself is a personal acquisition of equity-linked units, but it does not necessarily signal the insider’s short-term view on the stock.