Kuiken James Michael 4
Research Summary
AI-generated summary
Columbia Financial (CLBK) Director James Kuiken Receives Award
What Happened
- Director James Michael Kuiken appears on a Form 4 reporting a stock award grant on March 12, 2026. The filing shows 0 shares acquired at an exercise/price of $17.43 per share and a reported value of $0. The award is granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan and vests in one year on March 12, 2027.
- This entry is an award/grant (not an open-market purchase or sale) and does not reflect an immediate cash transaction or sale of shares.
Key Details
- Transaction date: 2026-03-12; Filing date: 2026-03-16 (timely filing).
- Reported terms: 0 shares @ $17.43; reported dollar value $0.
- Vesting: Award vests on March 12, 2027 (Footnote F1).
- Ownership after transaction: Not specified in the provided extract; Footnote F2 notes that shares reported as held directly include certain shares from previously vested stock awards.
- No indication of a 10b5-1 plan, tax withholding, or cashless exercise in the provided filing excerpt.
Context
- Stock awards that vest in the future represent potential future equity if vesting conditions are met (service or performance); they do not necessarily indicate current buying or selling activity.
- Footnote F2 clarifies that some currently held shares come from earlier awards that have already vested, which affects the insider’s reported direct holdings.