Columbia Financial, Inc.·4

Mar 10, 4:14 PM ET

Kemly Thomas J. 4

4 · Columbia Financial, Inc. · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Columbia Financial (CLBK) CEO Kemly Thomas Receives Stock Award

What Happened

  • Kemly Thomas J., President & CEO and Director of Columbia Financial, reported an award/acquisition on 2026-03-06 of 102.862 stock units at a reported price of $18.06 per unit, for an aggregate value of approximately $1,858. This was an award/deferral (code A), not an open-market purchase or sale.

Key Details

  • Transaction date: March 6, 2026; Filing date: March 10, 2026 (filed within the Form 4 two-business-day window).
  • Quantity and price: 102.862 units at $18.06 each; aggregate value ≈ $1,858.
  • Shares owned after transaction: Not specified in the provided excerpt.
  • Footnote: 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 when distributed to the reporting person.
  • Transaction type: Award/deferral (code A) — treated as compensation rather than a market buy or sale.

Context

  • This is a compensation-related award placed in a deferred/rabbi trust and does not necessarily indicate current buying or selling sentiment. Phantom stock units will convert to actual shares only upon distribution per the plan terms.

Insider Transaction Report

Form 4
Period: 2026-03-06
Kemly Thomas J.
DirectorPresident & CEO
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-06$18.06/sh+102.862$1,85867,026.531 total(indirect: By Stock-Based Deferral Plan)
Holdings
  • Common Stock

    233,808
  • Common Stock

    (indirect: By 401(k))
    40,946
  • Common Stock

    (indirect: By ESOP)
    7,620
  • Common Stock

    (indirect: By SERP)
    32,597
  • Common Stock

    (indirect: By SIM)
    41,572
  • Common Stock

    (indirect: By Spouse)
    5,933
  • Common Stock

    [F2]
    (indirect: By Stock Award II)
    43,411
  • Common Stock

    [F3]
    (indirect: By Stock Award III)
    50,686
  • Common Stock

    [F4]
    (indirect: By Stock Award IV)
    54,690
  • Common Stock

    [F5]
    (indirect: By Stock Award V)
    53,842
  • Stock Options (right to buy)

    [F6]
    Exercise: $15.60From: 2020-07-23Exp: 2029-07-23Common Stock (656,471 underlying)
    656,471
  • Stock Options (right to buy)

    [F7]
    Exercise: $15.94From: 2024-05-01Exp: 2033-05-01Common Stock (37,894 underlying)
    37,894
  • Stock Options (right to buy)

    [F8]
    Exercise: $16.49From: 2025-03-06Exp: 2034-03-06Common Stock (37,168 underlying)
    37,168
  • Stock Options (right to buy)

    [F9]
    Exercise: $16.23From: 2026-03-03Exp: 2035-03-03Common Stock (94,749 underlying)
    94,749
  • Stock Options (right to buy)

    [F10]
    Exercise: $18.28From: 2027-03-02Exp: 2036-03-02Common Stock (91,477 underlying)
    91,477
Footnotes (10)
  • [F1]Represents phantom stock purchased, on a non-discretionary basis, by the trustee of the Bank's rabbi trust maintained in connection with the Columbia Bank Stock Based Deferral Plan, a non-qualified stock-based deferral plan. Stock unit interests under the Columbia Bank Stock Based Deferral Plan will be settled in shares of stock upon distribution to the reporting person.
  • [F10]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 2, 2027.
  • [F2]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on May 1, 2024; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
  • [F3]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on March 6, 2025; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
  • [F4]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award on March 3, 2028.
  • [F5]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award on March 2, 2029.
  • [F6]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
  • [F7]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on May 1, 2024.
  • [F8]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 6, 2025.
  • [F9]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 3, 2026.
Signature
/s/ Dennis E. Gibney, Power of Attorney|2026-03-10

Documents

1 file
  • 4
    wk-form4_1773173659.xmlPrimary

    FORM 4