Columbia Financial (CLBK) CEO Kemly Thomas Receives 170.744-Share Award

What Happened

• Kemly Thomas J., President & CEO and a director of Columbia Financial, acquired 170.744 shares on July 24, 2026 as an award/grant (transaction code A) at $10.88 per share, totaling $1,858.
• The filing states these are phantom stock units purchased non-discretionarily 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.

Key Details

• Transaction date: 2026-07-24; Filing date: 2026-07-28. (Check the official filing for any timeliness notation.)
• Price: $10.88 per unit; Total value reported: $1,858.
• Shares acquired: 170.744 phantom stock units (to be settled in shares on distribution).
• Shares owned after the transaction: not specified in the summary provided.
• Footnote of note: F1 — phantom stock purchased by trustee of rabbi trust under the Columbia Bank Stock Based Deferral Plan.
• Transaction type: Award/Grant (A). This was an acquisition, not a sale.

Context

• Phantom stock units are bookkeeping units that track the value of company shares and are typically paid out or converted to actual shares (or cash) later; here the filing says they will be settled in shares upon distribution.
• The award value is modest (~$1.9k), so while it is an insider acquisition, the dollar amount is small and may have limited market-signaling impact.