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Columbia Financial, Inc.·4

Apr 21, 10:20 AM ET

Kemly Thomas J. 4

4 · Columbia Financial, Inc. · Filed Apr 21, 2026

Research Summary

AI-generated summary of this filing

Updated

Columbia Financial (CLBK) CEO Thomas J. Kemly Receives Award of 100 Shares

What Happened

  • Thomas J. Kemly, President & CEO and Director of Columbia Financial, received 100.091 shares (phantom stock units) on April 17, 2026 at an attributed price of $18.56 per share, a total value of about $1,858. This was an award/acquisition (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-04-17; filing date: 2026-04-21.
  • Price used for valuation: $18.56 per share; total value ≈ $1,858.
  • Shares owned after the transaction: not specified in the provided excerpt.
  • 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 when distributed.
  • Timeliness: Form 4 filed April 21, 2026 (four days after the transaction); this falls within the standard SEC two-business-day reporting window for Form 4 filings.

Context

  • This was a deferred-compensation award (phantom stock units), not a market buy—common for executive pay deferrals and not a direct signal of immediate buying/selling intent.
  • Phantom units convert to actual shares only upon distribution, so they increase potential future equity exposure rather than immediate share ownership or liquidity.

Insider Transaction Report

Form 4
Period: 2026-04-17
Columbia Financial, Inc.CLBK
Kemly Thomas J.
DirectorPresident & CEO
Transactions
  • Award

    Common Stock

    [F1]
    2026-04-17$18.56/sh+100.091$1,858→ 69,139.486 total(indirect: By Stock-Based Deferral Plan)
Holdings

  • Common Stock

    238,416

  • Common Stock

    (indirect: By 401(k))
    40,946

  • Common Stock

    (indirect: By ESOP)
    8,689

  • Common Stock

    (indirect: By SERP)
    35,309

  • 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)
    46,078

  • 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: 2029-07-23→ Common Stock (656,471 underlying)
    656,471

  • Stock Options (right to buy)

    [F7]
    Exercise: $15.94From: 2024-05-01Exp: 2033-05-01→ Common Stock (37,894 underlying)
    37,894

  • Stock Options (right to buy)

    [F8]
    Exercise: $16.49From: 2025-03-06Exp: 2034-03-06→ Common Stock (37,168 underlying)
    37,168

  • Stock Options (right to buy)

    [F9]
    Exercise: $16.23From: 2026-03-03Exp: 2035-03-03→ Common Stock (94,749 underlying)
    94,749

  • Stock Options (right to buy)

    [F10]
    Exercise: $18.28From: 2027-03-02Exp: 2036-03-02→ Common 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/ Thomas J. Kemly|2026-04-21

Documents

1 file
  • 4
    wk-form4_1776781226.xmlPrimary

    FORM 4