Sorrentini Lucy 4
Research Summary
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Columbia Financial (CLBK) Director Lucy Sorrentini Receives Stock Award
What Happened Lucy Sorrentini, a director of Columbia Financial, Inc. (CLBK), was reported as receiving a stock award under the company's 2019 Equity Incentive Plan on March 12, 2026. The Form 4 records the award with a per-share price of $17.43 but shows 0 shares acquired and a total reported value of $0, indicating no immediate transfer of shares or cash in the filing. The award vests in one year on March 12, 2027.
Key Details
- Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-16; filing appears timely)
- Transaction type: Award/Grant (code A)
- Shares acquired per filing: 0 shares at $17.43 per share; total reported $0
- Vesting: Award vests on March 12, 2027 (per footnote F1)
- Footnote F2: The reported shares held directly include certain shares from previously vested stock awards
- No indication in the provided filing of sales, purchases, or tax-withholding transactions
Context This filing documents a grant/award (a future compensation event) rather than an open-market purchase or sale. Because the Form 4 shows zero shares acquired and no immediate dollar value, there is no immediate change in Sorrentini’s reported cash or share ownership from this specific line item; however, the award is scheduled to vest in one year and could affect holdings when/if it vests.