Torres Daria Stacy-Walls 4

What Happened Daria Stacy-Walls, a director of Columbia Financial, Inc. (CLBK), received an award of 235.507 stock units on June 12, 2026. The units were recorded at $20.70 per share for a total award value of $4,875. This was an award/acquisition (not a sale) — a non-cash grant of deferred/phantom stock rather than an immediate open-market purchase of shares.

Key Details

• Transaction date: 2026-06-12; Form 4 filed 2026-06-16.
• Award: 235.507 stock units at $20.70 per unit; total value $4,875.
• Post-transaction shares owned: Not specified in the filing.
• Footnote F1: These represent phantom stock purchased, on a non‑discretionary basis, by the trustee of the bank’s rabbi trust under the Columbia Bank Stock Based Deferral Plan; stock unit interests will be settled in actual shares upon distribution to the reporting person.
• Footnote F2: Awards were granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan and vest in one year on March 12, 2027.
• No 10b5-1 plan, tax‑withholding sale, or late‑filing flag noted in the filing.

Context This was a deferred/phantom stock award rather than an immediate stock purchase; the units are intended to convert to shares when distributed and vest on 2027-03-12. Such awards are common for directors as compensation and do not by themselves indicate a buy/sell signal in the market.