Torres Daria Stacy-Walls 4

What Happened Daria Torres-Stacy-Walls, a director of Columbia Financial, Inc. (CLBK), was the recipient of 263.229 stock units (an acquisition/award) on February 6, 2026, at an assigned value/price of $18.52 per share, equal to about $4,875. The units were issued as phantom stock / stock unit interests that will be settled in shares upon distribution rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-06; reported on Form 4 filed 2026-02-10 (timely filing).
• Transaction type: Award/Acquisition (code A) — 263.229 units at $18.52 each; total value ≈ $4,875.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes:
  • F1: These are phantom stock units purchased by the trustee of the Bank’s rabbi trust under the Columbia Bank Stock Based Deferral Plan; units will be settled in shares when distributed.
  • F2: Awards are granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan and vest in one year on March 11, 2026.
• Filing timeliness: Form 4 was filed on Feb 10, 2026 for a Feb 6, 2026 transaction (within the typical two-business-day reporting window).

Context This was a compensation/deferral award (phantom stock units) rather than an open-market buy or sale, so it primarily reflects executive/director compensation or deferral elections and not an immediate market vote of confidence. The units will convert to actual shares upon distribution or vesting (per the plan terms), and the award amount is relatively small (~$4.9k).