Columbia Financial, Inc./MD/·4

Jul 22, 9:23 PM ET

Lewis Oliver Edward Jr 4

4 · Columbia Financial, Inc./MD/ · Filed Jul 22, 2026

Research Summary

AI-generated summary of this filing

Updated

Columbia Financial (CLBK) SEVP Lewis Oliver Buys 15,000 Shares

What Happened

  • Lewis Oliver, Senior EVP & Head of Commercial Banking at Columbia Financial (CLBK), made open-market purchases of company stock on July 20, 2026: 500 shares at $10.00 ($5,000) and 14,500 shares at $10.00 ($145,000), for a total of 15,000 shares costing $150,000. These were purchases (code P), which are often viewed as a bullish signal compared with routine sales.

Key Details

  • Transaction date: July 20, 2026
  • Prices and amounts: 500 shares @ $10.00 ($5,000) and 14,500 shares @ $10.00 ($145,000); total 15,000 shares for $150,000
  • Transaction type: Open-market purchases (code P)
  • Filing date: July 22, 2026 — appears timely (filed within two business days of the transaction)
  • Shares owned after the transaction: Not specified in the provided filing summary
  • Footnotes/other disclosures: The filing includes multiple footnotes (F1–F7) describing stock award and option grants under Columbia Financial’s 2019 Equity Incentive Plan with various time- and performance-based vesting schedules; Exhibit 24 (Power of Attorney) is attached.

Context

  • These were outright purchases, not exercises or awards; no immediate sale (cashless exercise) was reported. Purchases by executives can indicate personal confidence but do not guarantee future company performance. The filing does not report post-transaction total holdings, so assess this purchase alongside other insider trades and public disclosures for fuller context.

Insider Transaction Report

Form 4
Period: 2026-07-20
Lewis Oliver Edward Jr
SEVP & Head Commercial Banking
Transactions
  • Purchase

    Common Stock

    2026-07-20$10.00/sh+500$5,00065,296 total
  • Purchase

    Common Stock

    2026-07-20$10.00/sh+14,500$145,00014,500 total(indirect: By 401(k))
Holdings
  • Common Stock

    (indirect: By Stock-Based Deferral Plan)
    10,791
  • Common Stock

    (indirect: By ESOP)
    16,700
  • Common Stock

    (indirect: By SIM)
    1,498
  • Common Stock

    (indirect: By SERP)
    7,510
  • Common Stock

    [F1]
    (indirect: By Stock Award IV)
    23,231
  • Common Stock

    [F2]
    (indirect: By Stock Award V)
    24,860
  • Common Stock

    [F3]
    (indirect: By Stock Award VI)
    25,898
  • Stock Options (right to buy)

    [F4]
    Exercise: $7.73From: 2020-07-23Exp: 2029-07-23Common Stock (38,823 underlying)
    38,823
  • Stock Options (right to buy)

    [F4]
    Exercise: $8.12From: 2022-03-22Exp: 2031-03-22Common Stock (125,457 underlying)
    125,457
  • Stock Options (right to buy)

    [F4]
    Exercise: $7.25From: 2024-05-01Exp: 2033-05-01Common Stock (25,473 underlying)
    25,473
  • Stock Options (right to buy)

    [F5]
    Exercise: $7.50From: 2025-03-06Exp: 2034-03-06Common Stock (18,739 underlying)
    18,739
  • Stock Options (right to buy)

    [F6]
    Exercise: $7.38From: 2026-03-03Exp: 2035-03-03Common Stock (43,067 underlying)
    43,067
  • Stock Options (right to buy)

    [F7]
    Exercise: $8.31From: 2027-03-02Exp: 2036-03-02Common Stock (44,000 underlying)
    44,000
Footnotes (7)
  • [F1]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on March 6, 2025; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.
  • [F2]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award on March 3, 2028.
  • [F3]Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award on March 2, 2029.
  • [F4]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
  • [F5]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 6, 2025.
  • [F6]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 3, 2026.
  • [F7]Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 2, 2027.
Signature
/s/ Thomas F. Splaine, Jr., Power of Attorney|2026-07-22

Documents

3 files