Columbia Financial (CLBK) CEO Thomas J. Kemly Receives Stock Award

What Happened Thomas J. Kemly, President & CEO and director of Columbia Financial, was credited with 171.374 stock units on August 7, 2026, at an imputed price of $10.84 per unit, a total value of about $1,858. The filing reports this as an acquisition/award (Code A) of phantom stock purchased by the trustee of a rabbi trust under the Columbia Bank Stock Based Deferral Plan.

Key Details

• Transaction date: 2026-08-07; filing date: 2026-08-11 (filed within the standard 2 business-day window).
• Transaction: 171.374 phantom stock units at $10.84 each; total value ≈ $1,858.
• Ownership after transaction: not specified in the Form 4.
• Notable footnote: F1 — units represent phantom stock purchased by the trustee of the rabbi trust for the Columbia Bank Stock Based Deferral Plan; units will be settled in shares upon distribution. F2 notes a 2-share increase from a prior report due to rounding of fractional shares.
• Transaction code: A (award/grant); this is compensation/deferred-payment related rather than an open-market investment.

Context These are deferred compensation stock units (phantom stock) held in a rabbi trust and will convert to shares when distributed—this is routine executive compensation and not an immediate open-market purchase or sale. The dollar amount is small (~$1.9k), so it’s unlikely to be a meaningful signal about the CEO’s view of the company’s stock price.