Kemly Thomas J. 4
4 · Columbia Financial, Inc. · Filed Apr 7, 2026
Research Summary
AI-generated summary of this filing
Columbia Financial (CLBK) CEO Kemly Thomas Receives 105 Shares
What Happened
Kemly Thomas J., President & CEO and Director of Columbia Financial, reported an award/acquisition of 104.659 shares on April 6, 2026, at a reported price of $17.75 per share, with a total value of $1,858. The filing (Form 4) was submitted on April 7, 2026. This transaction is an award/deferral (code A), not an open-market buy or sale.
Key Details
- Transaction date: 2026-04-06; Filing date: 2026-04-07.
- Transaction type: Award/Acquisition (A) — 104.659 shares @ $17.75, total $1,858.
- Shares owned after transaction: Not specified in the provided filing.
- Notable footnote (F1): These are phantom stock units 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 actual shares upon distribution to the reporting person.
- No indication in the filing that this was an option exercise, open-market trade, gift, or a 10b5-1 plan sale.
Context
This is a small-value deferred compensation award recorded as phantom stock units in a rabbi trust — a common form of executive deferral. Such awards reflect compensation mechanics (deferred pay) rather than an immediate buy/sell opinion by the insider.
Insider Transaction Report
Form 4
Kemly Thomas J.
DirectorPresident & CEO
Transactions
- Award
Common Stock
[F1]2026-04-06$17.75/sh+104.659$1,858→ 69,039.395 total(indirect: By Stock-Based Deferral Plan)
Holdings
- 238,416
Common Stock
[F2] - 40,946(indirect: By 401(k))
Common Stock
- 8,689(indirect: By ESOP)
Common Stock
- 35,309(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
[F3] - 46,078(indirect: By Stock Award III)
Common Stock
[F4] - 54,690(indirect: By Stock Award IV)
Common Stock
[F5] - 53,842(indirect: By Stock Award V)
Common Stock
[F6] - 656,471
Stock Options (right to buy)
[F7]Exercise: $15.60From: 2020-07-23Exp: 2029-07-23→ Common Stock (656,471 underlying) - 37,894
Stock Options (right to buy)
[F8]Exercise: $15.94From: 2024-05-01Exp: 2033-05-01→ Common Stock (37,894 underlying) - 37,168
Stock Options (right to buy)
[F9]Exercise: $16.49From: 2025-03-06Exp: 2034-03-06→ Common Stock (37,168 underlying) - 94,749
Stock Options (right to buy)
[F10]Exercise: $16.23From: 2026-03-03Exp: 2035-03-03→ Common Stock (94,749 underlying) - 91,477
Stock Options (right to buy)
[F11]Exercise: $18.28From: 2027-03-02Exp: 2036-03-02→ Common Stock (91,477 underlying)
Footnotes (11)
- [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 3, 2026.
- [F11]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]The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
- [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 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.
- [F4]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.
- [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 3, 2028.
- [F6]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.
- [F7]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
- [F8]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.
- [F9]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.
Signature
/s/ Dennis E. Gibney, Power of Attorney|2026-04-07