Columbia Financial (CLBK) SEVP John Klimowich Receives 127 Shares

What Happened

• John Klimowich, Senior EVP & Chief Risk Officer of Columbia Financial, received two award-type acquisitions on August 26, 2026: 88.059 shares at $11.62 each (value $1,023) and 39 shares at $11.62 each (value $453), totaling 127.059 shares worth about $1,476. These were award/grant acquisitions (not open-market purchases or sales).

Key Details

• Transaction date: 2026-08-26; Form 4 filed: 2026-08-28 (appears timely).
• Prices reported: $11.62 per share for both entries.
• Shares acquired: 88.059 and 39 (total 127.059); total reported value ≈ $1,476.
• Footnotes: F1 indicates these represent phantom stock dividends under the Columbia Bank Stock Based Deferral Plan and are exempt under Rule 16b-3; F3 notes the form reflects increases from exempt acquisitions.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• These were dividend-equivalent/phantom stock awards (administrative compensation), not purchases — such awards are typically routine and do not necessarily signal a change in insider sentiment.
• No option exercise, open-market sale/purchase, or tax-withholding sale was reported in these entries.