Torres Daria Stacy-Walls 4

What Happened
Torres Daria Stacy‑Walls, a director of Columbia Financial, Inc. (CLBK), was credited with an award/acquisition of 306.411 shares (reported as phantom stock units) on January 23, 2026. The units are reported at $15.91 per share for a total reported value of $4,875. This was an award/deferral transaction (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-23; Filing date: 2026-01-27.
• Transaction type/code: Grant/Award (A). Price per share reported: $15.91. Total value: $4,875.
• Shares/units received: 306.411 phantom stock units.
• Shares owned after transaction: Not reported in this Form 4.
• Footnote summary:
  • F1 — Units represent phantom stock purchased by the trustee of the Bank’s rabbi trust under the Columbia Bank Stock Based Deferral Plan; units will be settled in shares upon distribution.
  • F2 — Awards granted under the 2019 Equity Incentive Plan; these awards vest in one year on March 11, 2026.

Context
This was an award/deferral — the trustee purchased phantom stock for the rabbi trust, which is a non-qualified deferred compensation arrangement; the units will convert to actual shares when distributed. Because this is an equity award (not an open-market buy or sale), it reflects compensation/deferral mechanics rather than an immediate insider market view.