Columbia Financial, Inc.·4

Jun 2, 9:33 AM ET

Kemly Thomas J. 4

4 · Columbia Financial, Inc. · Filed Jun 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Columbia Financial (CLBK) CEO Kemly Thomas Receives 92 Shares

What Happened

  • Kemly Thomas J., President & CEO and a director of Columbia Financial, acquired 92.285 shares (transaction code A — award/grant) on May 29, 2026, at an implied price of $20.13 per share, totaling roughly $1,858. This was an acquisition (award/stock unit), not a sale.

Key Details

  • Transaction date: 2026-05-29; Form 4 filed: 2026-06-02 (timely — within the required two business days).
  • Price/value: $20.13 per share; total value ≈ $1,858.
  • Shares owned after transaction: not specified in the excerpt provided.
  • Transaction code: A (Award / Grant / Other acquisition).
  • Relevant footnotes: F1 indicates these represent phantom stock purchased by the trustee of the Bank’s rabbi trust under the Columbia Bank Stock Based Deferral Plan and that stock unit interests will be settled in shares upon distribution. The filing also includes other footnotes describing standard vesting schedules and option terms under the 2019 Equity Incentive Plan.

Context

  • This transaction appears to be an award/deferral of compensation (phantom stock units to be settled in shares), a common form of executive compensation and not an open-market buy. Such awards are typically routine and tied to compensation or deferral plans rather than a direct market opinion.

Insider Transaction Report

Form 4
Period: 2026-05-29
Kemly Thomas J.
DirectorPresident & CEO
Transactions
  • Award

    Common Stock

    [F1]
    2026-05-29$20.13/sh+92.285$1,85869,423.2 total(indirect: By Stock-Based Deferral Plan)
Holdings
  • Common Stock

    249,269
  • 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 III)
    46,078
  • Common Stock

    [F3]
    (indirect: By Stock Award IV)
    54,690
  • Common Stock

    [F4]
    (indirect: By Stock Award V)
    53,842
  • Stock Options (right to buy)

    [F5]
    Exercise: $15.60From: 2020-07-23Exp: 2029-07-23Common Stock (656,471 underlying)
    656,471
  • Stock Options (right to buy)

    [F5]
    Exercise: $15.94From: 2024-05-01Exp: 2033-05-01Common Stock (37,894 underlying)
    37,894
  • Stock Options (right to buy)

    [F6]
    Exercise: $16.49From: 2025-03-06Exp: 2034-03-06Common Stock (37,168 underlying)
    37,168
  • Stock Options (right to buy)

    [F7]
    Exercise: $16.23From: 2026-03-03Exp: 2035-03-03Common Stock (94,749 underlying)
    94,749
  • Stock Options (right to buy)

    [F8]
    Exercise: $18.28From: 2027-03-02Exp: 2036-03-02Common Stock (91,477 underlying)
    91,477
Footnotes (8)
  • [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.
  • [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 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.
  • [F3]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.
  • [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 2, 2029.
  • [F5]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
  • [F6]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.
  • [F7]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.
  • [F8]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.
Signature
/s/ Dennis E. Gibney, Power of Attorney|2026-06-02

Documents

1 file
  • 4
    wk-form4_1780407205.xmlPrimary

    FORM 4