Columbia Financial (CLBK) CEO Kemly Thomas Receives Stock Award

What Happened Kemly Thomas, President, CEO and a director of Columbia Financial, Inc. (CLBK), was credited with 158.777 shares (phantom stock units) on September 4, 2026 at an attributable price of $11.70 per unit, a total value of $1,858. The units were purchased on a non‑discretionary basis by the trustee of a rabbi trust under the Columbia Bank Stock Based Deferral Plan and will be settled in shares upon distribution.

Key Details

• Transaction date: 2026-09-04; Filing date: 2026-09-09 (filed within the Form 4 two-business-day window, accounting for the Sept 7 holiday).
• Instrument & code: Award/Acquisition (A) — 158.777 stock units at $11.70 each.
• Total value: $1,858 (approx).
• Shares owned after transaction: Not specified in this filing.
• Relevant footnote: F1 — phantom stock purchased by trustee in connection with the Columbia Bank Stock Based Deferral Plan; units settle in shares upon distribution.
• Other footnotes (F2–F8) describe vesting schedules and option terms under the 2019 Equity Incentive Plan but are not directly tied to this specific acquisition.

Context This was a compensation-related award settled via a rabbi trust (deferred compensation) rather than an open-market purchase. Such transactions reflect plan administration and deferred-pay arrangements and do not necessarily indicate the insider’s near-term trading intent.