Columbia Financial, Inc.·4

Jun 2, 9:33 AM ET

Kemly Thomas J. 4

Research Summary

AI-generated summary

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.