Schlesinger Allyson Katz 4
Research Summary
AI-generated summary
Columbia Financial (CLBK) SEVP Allyson Schlesinger Buys 50,000 Shares
What Happened
- Allyson Schlesinger, SEVP & Head of Consumer Banking at Columbia Financial, acquired 50,000 shares in two purchases on July 20, 2026.
- Transaction details: 44,400 shares at $10.00 each ($444,000) and 5,600 shares at $10.00 each ($56,000), total cost $500,000.
- These were purchases (Form 4 transaction code P), i.e., the insider bought stock rather than sold it.
Key Details
- Transaction dates and prices: July 20, 2026 — 44,400 shares @ $10.00; July 20, 2026 — 5,600 shares @ $10.00.
- Total shares bought: 50,000; total value: $500,000.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnotes: F1–F7 in the filing describe various outstanding stock awards and option grants and their vesting schedules under the Columbia Financial 2019 Equity Incentive Plan (including time- and performance-based vesting); F4 notes some options are fully vested and exercisable.
- Filing: Form 4 filed July 22, 2026, two days after the trades (appears to be timely).
- No 10b5-1 trading plan, tax-withholding sale, or cashless exercise was indicated in the provided information.
Context
- These were open-market or private purchases (code P) — straightforward acquisitions of common stock, not option exercises or awards being settled.
- Purchases by executives are often watched by investors as a direct investment in the company, but the filing provides no statement of motive.