Schlesinger Allyson Katz 4
4 · Columbia Financial, Inc. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Columbia Financial (CLBK) SEVP Allyson Schlesinger Forfeits 10,852 Shares
What Happened
Allyson Katz Schlesinger, SEVP & Head of Consumer Banking at Columbia Financial, had performance-based restricted stock partially forfeited and partially vest on May 1, 2026. The company determined 10,852 shares were forfeited (disposed to the issuer at $0.00) and 2,171 shares vested. As part of the vesting, 1,309 vested shares were surrendered/withheld to cover tax liability at $19.25 per share, totaling $25,198. Net new shares added to her direct holdings from this vesting event: 862 shares.
Key Details
- Transactions:
- Disposition to issuer (D): 10,852 shares @ $0.00 (forfeiture) — total $0.
- Tax withholding/payment (F): 1,309 shares @ $19.25 — total $25,198 surrendered to cover taxes.
- Transaction date: May 1, 2026. Filing date: May 5, 2026 (appears timely).
- Net result of vesting: 2,171 shares vested; after 1,309-share tax withholding, the insider retained 862 shares from this grant.
- Relevant footnotes:
- F1: Confirms 2023 performance-based awards were subject to vesting review; 2,171 vested and 10,852 forfeited.
- F2: Notes some vested shares are added to directly held shares.
- Other footnotes describe standard plan vesting schedules for future awards/options.
- Transaction codes explained briefly: D = disposition to issuer (forfeiture here), F = shares surrendered to pay tax liability.
Context
- This was not an open-market sale — the 10,852-share move was a forfeiture of unearned performance awards, not a sale that signals insider selling.
- The 1,309-share transfer was a tax withholding on vested awards (common practice), not a cashless exercise or market trade.
- No indication in the filing excerpt that this is a late report; the filing was made within a few days of the transaction date.
Insider Transaction Report
Form 4
Schlesinger Allyson Katz
SEVP&Head of Consumer Banking
Transactions
- Disposition to Issuer
Common Stock
[F1][F2]2026-05-01−10,852→ 68,623 total - Tax Payment
Common Stock
[F2]2026-05-01$19.25/sh−1,309$25,198→ 67,314 total
Holdings
- 13,543.366(indirect: By Stock-Based Deferral Plan)
Common Stock
- 7,753(indirect: By ESOP)
Common Stock
[F3] - 7,130(indirect: By SERP)
Common Stock
[F3] - 4,683(indirect: By SIM)
Common Stock
- 11,520(indirect: By Stock Award III)
Common Stock
[F4] - 12,288(indirect: By Stock Award IV)
Common Stock
[F5] - 12,574(indirect: By Stock Award V)
Common Stock
[F6] - 155,294
Stock Options (right to buy)
[F7]Exercise: $15.60From: 2020-07-23Exp: 2029-07-23→ Common Stock (155,294 underlying) - 12,632
Stock Options (right to buy)
[F7]Exercise: $15.94From: 2024-05-01Exp: 2033-05-01→ Common Stock (12,632 underlying) - 9,292
Stock Options (right to buy)
[F8]Exercise: $16.49From: 2025-03-06Exp: 2034-03-06→ Common Stock (9,292 underlying) - 21,289
Stock Options (right to buy)
[F9]Exercise: $16.23From: 2026-03-03Exp: 2035-03-03→ Common Stock (21,289 underlying) - 21,364
Stock Options (right to buy)
[F10]Exercise: $18.28From: 2027-03-02Exp: 2036-03-02→ Common Stock (21,364 underlying)
Footnotes (10)
- [F1]Represents the forfeiture of performance-based restricted stock granted to the reporting person on May 1, 2023 that were eligible to vest based on certain performance objectives. On May 1, 2026 the Company determined that, based on the Company's performance over the applicable performance period, 2,171 shares would vest and 10,852 shares would be forfeited.
- [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]The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
- [F3]This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to rule 16b-3(c).
- [F4]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.
- [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 3, 2028.
- [F6]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.
- [F7]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
- [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|2026-05-05