Kemly Thomas J. 4
4 · Columbia Financial, Inc. · Filed Jul 14, 2026
Research Summary
AI-generated summary of this filing
Columbia Financial (CLBK) CEO Thomas J. Kemly Receives Stock Award
What Happened Thomas J. Kemly, President & CEO and a director of Columbia Financial, Inc. (CLBK), was granted/received 87.421 shares on July 10, 2026 at an attributable price of $21.25 per share, a total value of about $1,858. This was recorded as an award/acquisition (Form 4 code A) — a compensation-related acquisition rather than an open-market purchase.
Key Details
- Transaction date: July 10, 2026; Form 4 filed July 14, 2026. No late-filing flag is indicated in the provided excerpt.
- Quantity and price: 87.421 shares @ $21.25 = ~$1,858.
- Nature of award: Per 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.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Additional footnotes in the filing (F2–F8) describe other equity awards and option vesting schedules for the officer but do not change the characterization of this July 10 award.
Context This transaction is a compensation-related grant/deferral (not an open-market buy), so it generally reflects payroll/deferral mechanics rather than a direct personal investment signal. For retail investors, purchases reported as open-market acquisitions can carry different informational weight than awards or deferred-compensation settlements.
Insider Transaction Report
- Award
Common Stock
[F1]2026-07-10$21.25/sh+87.421$1,858→ 69,689.419 total(indirect: By Stock-Based Deferral Plan)
- 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.