Kemly Thomas J. 4

What Happened

• Thomas J. Kemly, President & CEO and a director of Columbia Financial, reported an award/acquisition on Feb 6, 2026: 100.307 shares acquired at a reported price of $18.52 per share, total value about $1,858. This was a grant/award (acquisition) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: Feb 6, 2026 at $18.52 per share (100.307 shares; ~$1,858 total).
• Filing date: Feb 10, 2026 — filing appears timely under Form 4 rules.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnote: This represents phantom stock purchased, on a non-discretionary basis, by the trustee of the Bank’s rabbi trust under the Columbia Bank Stock Based Deferral Plan; units will be settled in shares upon distribution (see footnote F1).

Context

• These are phantom stock units (deferred compensation) acquired by the plan trustee, not an open-market buy or an option exercise. Such awards are typical executive compensation mechanics and do not necessarily signal immediate bullish or bearish intent.
• The dollar amount is modest (~$1.9k), so this is a routine deferral/award event rather than a large personal investment.