Columbia Financial (CLBK) SEVP Schlesinger Receives Stock Awards

What Happened
Allyson Katz Schlesinger, SEVP & Head of Consumer Banking at Columbia Financial (CLBK), reported receiving two award-type acquisitions on 2026-08-26: 128.207 shares at $11.62 each (value $1,490) and 44 shares at $11.62 each (value $511), for a combined value of about $2,001. These were recorded as grants/awards (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-08-26; Filing date: 2026-08-28 (filed within the typical 2-business-day Form 4 window).
• Prices reported: $11.62 per share for both entries.
• Shares reported: 128.207 shares and 44 shares (total ~172.207 shares). Combined value ≈ $2,001.
• Transaction type: Award/Grant (code A). Footnotes indicate these reflect exempt acquisitions under Rule 16b-3.
• Notable footnote(s): F1 references phantom stock dividends exempt under Rule 16b-3 in connection with the Columbia Bank Stock Based Deferral Plan; F3 notes the form reflects increases from exempt acquisitions.
• Shares owned after the transaction: Not specified in the supplied details.

Context
These entries are awards (likely phantom stock/dividend credits under the bank’s deferral plan) and are exempt from short-swing profit recovery under Rule 16b-3. Awards are routine compensation events and do not carry the same market-signaling weight as an open-market purchase by an insider. The reported dollar amount is small (~$2k), so this appears to be a routine compensation/deferral credit rather than a meaningful personal investment.