Columbia Financial, Inc.·4

Mar 10, 4:14 PM ET

Schlesinger Allyson Katz 4

Research Summary

AI-generated summary

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.