Kemly Thomas J. 4

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.