Kemly Thomas J. 4
4 · Columbia Financial, Inc. · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Columbia Financial (CLBK) CEO Kemly Thomas Receives 89-Share Award
What Happened
- Kemly Thomas J., President & CEO and Director of Columbia Financial, acquired 89.055 shares (reported as an award/acquisition) on 2026-06-26 at a reported price of $20.86 per share, a total reported value of approximately $1,858. This was an award/deferral (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-26 at $20.86 per share.
- Shares involved: 89.055 shares; total value reported ≈ $1,858.
- Shares owned after transaction: Not specified in the transaction line of this report.
- 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; the stock unit interests will be settled in shares upon distribution to the reporting person.
- Additional footnotes (F2–F8) in the filing describe vesting schedules and option terms for other awards/options under the 2019 Equity Incentive Plan and are not the specific mechanics of this line item.
- Timeliness: Transaction reported on Form 4 filed 2026-06-30 for a 2026-06-26 transaction; filing appears to meet the Form 4 reporting deadline.
Context
- This was an award/deferral (phantom stock in a rabbi trust), which is typically part of executive compensation and will convert to actual shares on distribution — not an immediate open-market purchase or sale.
- Such awards are compensatory and should be interpreted differently than outright purchases (which can signal personal buying conviction) or sales (which can be liquidity events).
Insider Transaction Report
Form 4
Kemly Thomas J.
DirectorPresident & CEO
Transactions
- Award
Common Stock
[F1]2026-06-26$20.86/sh+89.055$1,858→ 69,601.998 total(indirect: By Stock-Based Deferral Plan)
Holdings
- 249,269
Common Stock
- 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
- 46,078(indirect: By Stock Award III)
Common Stock
[F2] - 54,690(indirect: By Stock Award IV)
Common Stock
[F3] - 53,842(indirect: By Stock Award V)
Common Stock
[F4] - 656,471
Stock Options (right to buy)
[F5]Exercise: $15.60From: 2020-07-23Exp: 2029-07-23→ Common Stock (656,471 underlying) - 37,894
Stock Options (right to buy)
[F5]Exercise: $15.94From: 2024-05-01Exp: 2033-05-01→ Common Stock (37,894 underlying) - 37,168
Stock Options (right to buy)
[F6]Exercise: $16.49From: 2025-03-06Exp: 2034-03-06→ Common Stock (37,168 underlying) - 94,749
Stock Options (right to buy)
[F7]Exercise: $16.23From: 2026-03-03Exp: 2035-03-03→ Common Stock (94,749 underlying) - 91,477
Stock Options (right to buy)
[F8]Exercise: $18.28From: 2027-03-02Exp: 2036-03-02→ Common Stock (91,477 underlying)
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|2026-06-30