4Filed Aug 27, 8:00 PM ET

CLBK CEO Kemly Receives Stock Awards Worth $12.2K

$CLBK · Columbia Financial, Inc./MD/

Research Summary

AI-generated summary of this SEC filing

Updated

CLBK CEO Kemly Receives Stock Awards Worth $12.2K

What Happened
Kemly Thomas J., President & CEO and a director of Columbia Financial, Inc. (CLBK), acquired two award-type stock issuances on Aug 26, 2026: 661.183 shares at $11.62 each (value $7,683) and 392 shares at $11.62 each (value $4,555), totaling 1,053.183 shares worth about $12,238. These were awards/allocations (code A) rather than open-market purchases or sales.

Key Details

  • Transaction date: 2026-08-26; reported on Form 4 filed 2026-08-28 (timely within the usual 2-business-day window).
  • Prices and values: 661.183 @ $11.62 = $7,683; 392 @ $11.62 = $4,555; combined ≈ $12,238.
  • Shares owned after transaction: not provided in the material you supplied (see the full Form 4 for total beneficial ownership).
  • Notable footnotes: F1 — these represent phantom stock dividends exempt under Rule 16b-3 in connection with the Columbia Bank Stock Based Deferral Plan; F3 — increases reflect exempt acquisitions under Rule 16b-3(c).
  • Transaction type: Award / dividend-equivalent issuance (not a purchase or sale).

Context
Phantom stock dividends and similar deferred/share-based awards are typically non-cash, plan-driven allocations and are exempt under Rule 16b-3; they do not necessarily signal the insider buying or selling stock for personal investment. For retail investors, such awards are routine compensation or dividend-equivalent adjustments rather than directional insider bets.