Columbia Financial, Inc.·4

Mar 10, 4:14 PM ET

Schlesinger Allyson Katz 4

4 · Columbia Financial, Inc. · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Columbia Financial (CLBK) Allyson Schlesinger Sells 428 Shares for Taxes

What Happened

  • Schlesinger Allyson Katz (SEVP & Head of Consumer Banking) disposed of 428 shares on March 6, 2026 to satisfy a tax/withholding obligation (transaction code F). The shares were valued at $18.06 each for a total of $7,730. This was a share surrender to cover taxes (not an open-market directional sale).

Key Details

  • Transaction date and price: March 6, 2026 — 428 shares at $18.06 per share (total ≈ $7,730).
  • Transaction code: F — payment of exercise price or tax liability (share surrender/withholding).
  • Shares owned after transaction: Not specified in the provided filing.
  • Notable footnotes in the filing: F1 notes that directly held shares include shares that previously were Stock Awards and have since vested; F2–F10 describe various award/option vesting schedules and exercise terms for other grants (timing and performance-based vesting).
  • Filing timeliness: Report filed March 10, 2026. Because the transaction occurred March 6, 2026, the Form 4 was filed within the typical two-business-day window and is not marked late.

Context

  • Code F transactions are typically routine tax-withholding events tied to vesting of awards or option exercises. They represent shares surrendered to satisfy tax obligations, not an open-market “sell” intended to take a position. Such transactions are common after vesting/exercise and do not by themselves indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-06
Schlesinger Allyson Katz
SEVP&Head of Consumer Banking
Transactions
  • Tax Payment

    Common Stock

    [F1]
    2026-03-06$18.06/sh428$7,73065,005 total
Holdings
  • Common Stock

    (indirect: By Stock-Based Deferral Plan)
    13,543.366
  • Common Stock

    (indirect: By ESOP)
    6,683
  • Common Stock

    (indirect: By SERP)
    6,459
  • Common Stock

    (indirect: By SIM)
    4,683
  • Common Stock

    [F2]
    (indirect: By Stock Award II)
    14,470
  • Common Stock

    [F3]
    (indirect: By Stock Award III)
    11,520
  • Common Stock

    [F4]
    (indirect: By Stock Award IV)
    12,288
  • Common Stock

    [F5]
    (indirect: By Stock Award V)
    12,574
  • Stock Options (right to buy)

    [F6]
    Exercise: $15.60From: 2020-07-23Exp: 2029-07-23Common Stock (155,294 underlying)
    155,294
  • Stock Options (right to buy)

    [F7]
    Exercise: $15.94From: 2024-05-01Exp: 2033-05-01Common Stock (12,632 underlying)
    12,632
  • Stock Options (right to buy)

    [F8]
    Exercise: $16.49From: 2025-03-06Exp: 2034-03-06Common Stock (9,292 underlying)
    9,292
  • Stock Options (right to buy)

    [F9]
    Exercise: $16.23From: 2026-03-03Exp: 2035-03-03Common Stock (21,289 underlying)
    21,289
  • Stock Options (right to buy)

    [F10]
    Exercise: $18.28From: 2027-03-02Exp: 2036-03-02Common Stock (21,364 underlying)
    21,364
Footnotes (10)
  • [F1]The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
  • [F10]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 2, 2027.
  • [F2]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on May 1, 2024; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
  • [F3]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on March 6, 2025; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
  • [F4]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award on March 3, 2028.
  • [F5]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award on March 2, 2029.
  • [F6]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
  • [F7]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on May 1, 2024.
  • [F8]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 6, 2025.
  • [F9]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 3, 2026.
Signature
/s/ Dennis E. Gibney, Power of Attorney|2026-03-10

Documents

1 file
  • 4
    wk-form4_1773173641.xmlPrimary

    FORM 4