Columbia Financial, Inc.·4

Mar 10, 4:14 PM ET

Lewis Oliver Edward Jr 4

Research Summary

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Columbia Financial (CLBK) SEVP Lewis Oliver Edward Jr Sells 392 Shares

What Happened
Lewis Oliver Edward Jr, Senior Executive Vice President & Head of Commercial Banking at Columbia Financial (CLBK), had 392 shares disposed on March 6, 2026 to satisfy a tax obligation related to equity compensation. The shares were recorded at $18.06 each for total value of approximately $7,080. The transaction is reported as code "F" (payment of exercise price or tax liability), meaning shares were surrendered/ sold to cover taxes rather than an open-market sell motivated by portfolio rebalancing.

Key Details

  • Transaction date and price: 2026-03-06 — 392 shares disposed at $18.06 each (total ~$7,080).
  • Transaction type: Code F — payment of exercise price or tax withholding (sell-to-cover).
  • Shares owned after transaction: Not specified in the Form 4 filing.
  • Filing date/timeliness: Form 4 filed 2026-03-10; this is within the standard two-business-day reporting window for Form 4s and appears timely.
  • Relevant footnotes: F1 notes that shares held directly include certain shares that previously were held as stock awards and have since vested. The other listed footnotes (F2–F10) describe vesting schedules for various stock awards and options under the company’s 2019 Equity Incentive Plan.

Context
This was a tax-withholding disposition tied to equity compensation (a routine administrative transaction) rather than an open-market sale signaling a change in sentiment. For retail investors, purchases are generally more informative than such withholding disposals; this filing simply documents the mechanics of covering tax liabilities from vested awards/options.