Kemly Thomas J. 4
4 · Columbia Financial, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
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
Kemly Thomas J.
DirectorPresident & CEO
Transactions
- Award
Common Stock
[F1]2026-03-06$18.06/sh+102.862$1,858→ 67,026.531 total(indirect: By Stock-Based Deferral Plan)
Holdings
- 233,808
Common Stock
- 40,946(indirect: By 401(k))
Common Stock
- 7,620(indirect: By ESOP)
Common Stock
- 32,597(indirect: By SERP)
Common Stock
- 41,572(indirect: By SIM)
Common Stock
- 5,933(indirect: By Spouse)
Common Stock
- 43,411(indirect: By Stock Award II)
Common Stock
[F2] - 50,686(indirect: By Stock Award III)
Common Stock
[F3] - 54,690(indirect: By Stock Award IV)
Common Stock
[F4] - 53,842(indirect: By Stock Award V)
Common Stock
[F5] - 656,471
Stock Options (right to buy)
[F6]Exercise: $15.60From: 2020-07-23Exp: 2029-07-23→ Common Stock (656,471 underlying) - 37,894
Stock Options (right to buy)
[F7]Exercise: $15.94From: 2024-05-01Exp: 2033-05-01→ Common Stock (37,894 underlying) - 37,168
Stock Options (right to buy)
[F8]Exercise: $16.49From: 2025-03-06Exp: 2034-03-06→ Common Stock (37,168 underlying) - 94,749
Stock Options (right to buy)
[F9]Exercise: $16.23From: 2026-03-03Exp: 2035-03-03→ Common Stock (94,749 underlying) - 91,477
Stock Options (right to buy)
[F10]Exercise: $18.28From: 2027-03-02Exp: 2036-03-02→ Common Stock (91,477 underlying)
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