Kemly Thomas J. 4

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.