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[Form 4] Columbia Financial, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Columbia Financial, Inc. (CLBK) Form 4 highlights insider transactions by EVP Operations Officer William Jennings. The filing shows a non-derivative acquisition on 09/05/2025 of 49.9666 phantom stock units purchased at $15.01 under the Columbia Bank Stock Based Deferral Plan; those units will be settled in shares upon distribution. The report also discloses existing beneficial holdings across plans: an ESOP holding of 3,116 shares, a SERP holding of 608 shares, and stock awards identified as 7,795 and 7,533 shares tied to performance and time-based vesting. Derivative holdings include stock options for 41,475, 5,715, and 13,051 underlying shares with exercise prices of $21.79, $16.49, and $16.23, respectively; the largest option tranche is fully vested and exercisable.

Columbia Financial, Inc. (CLBK) � il modulo 4 evidenzia operazioni interne dell'EVP Operations Officer William Jennings. Il deposito riporta un acquisto non derivato, effettuato il 09/05/2025, di 49.9666 unità di phantom stock acquistate a $15.01 nell'ambito del Columbia Bank Stock Based Deferral Plan; tali unità saranno liquidate in azioni al momento della distribuzione. Il rapporto segnala inoltre partecipazioni esistenti in vari piani: un ESOP per 3.116 azioni, un SERP per 608 azioni e premi azionari pari a 7.795 e 7.533 azioni legati rispettivamente a meccanismi di performance e di maturazione temporale. Le posizioni in strumenti derivati includono opzioni su 41.475, 5.715 e 13.051 azioni sottostanti con prezzi di esercizio di $21.79, $16.49 e $16.23; il più consistente lotto di opzioni è completamente maturato ed esercitabile.

Columbia Financial, Inc. (CLBK) � el Formulario 4 destaca transacciones de un insider: el EVP Operations Officer William Jennings. La presentación muestra una adquisición no derivada el 09/05/2025 de 49.9666 unidades de phantom stock compradas a $15.01 bajo el Columbia Bank Stock Based Deferral Plan; esas unidades se convertirán en acciones al momento de la distribución. El informe también revela tenencias vigentes en distintos planes: un ESOP con 3,116 acciones, un SERP con 608 acciones y adjudicaciones de acciones por 7,795 y 7,533 acciones vinculadas a desempeño y a vesting por tiempo. Las posiciones derivadas incluyen opciones sobre 41,475, 5,715 y 13,051 acciones subyacentes con precios de ejercicio de $21.79, $16.49 y $16.23; el mayor tramo de opciones está completamente devengado y es ejercitable.

Columbia Financial, Inc. (CLBK)ì� Form 4 요약 â€� EVP Operations Officer William Jenningsì� ë‚´ë¶€ìž� 거래가 ê°•ì¡°ë˜ì—ˆìŠµë‹ˆë‹�. 제출서류ì—는 2025-09-05ì¼ìž 비파ìƒ� 매수ë¡� Columbia Bank Stock Based Deferral Planì—� ë”°ë¼ 49.9666ê°œì˜ íŒ¬í…€ 스톡 단위ë¥� $15.01ì—� ì·¨ë“í•� ë‚´ì—­ì� 기재ë˜ì–´ 있으ë©�, 해당 단위ëŠ� ë¶„ë°° ì‹� 주ì‹ìœ¼ë¡œ ì •ì‚°ë©ë‹ˆë‹�. 보고서ì—ëŠ� ë˜í•œ 기존 보유 ë‚´ì—­ë� 공개ë˜ì–´ 있습니다: ESOP 보유 3,116ì£�, SERP 보유 608ì£�, 성과 기반 ë°� 기간 기준 ë² ìŠ¤íŒ…ì— ë¬¶ì¸ ìŠ¤í†¡ 어워ë“� 7,795ì£� ë°� 7,533ì£�. 파ìƒìƒí’ˆ 보유ì—는 í–‰ì‚¬ê°€ê²©ì´ ê°ê° $21.79, $16.49, $16.23ì� ê¸°ì´ˆì£¼ì‹ 41,475, 5,715, 13,051ì£¼ì— ëŒ€í•� 스톡옵션ì� í¬í•¨ë˜ë©°, ê°€ìž� í� 옵션 묶ìŒì€ 완전íž� 베스팅ë˜ì–� 행사 가능합니다.

Columbia Financial, Inc. (CLBK) � le Formulaire 4 met en évidence des opérations d'initié impliquant l'EVP Operations Officer William Jennings. Le dépôt indique une acquisition non dérivée le 09/05/2025 de 49.9666 unités de phantom stock achetées à $15.01 dans le cadre du Columbia Bank Stock Based Deferral Plan ; ces unités seront réglées en actions lors de la distribution. Le rapport divulgue également des détentions existantes dans divers plans : un ESOP de 3,116 actions, un SERP de 608 actions et des attributions d'actions de 7,795 et 7,533 actions liées respectivement à la performance et au vesting temporel. Les positions dérivées comprennent des options sur actions pour 41,475, 5,715 et 13,051 actions sous-jacentes avec des prix d'exercice de $21.79, $16.49 et $16.23 ; la plus importante tranche d'options est entièrement acquise et exerçable.

Columbia Financial, Inc. (CLBK) � Form 4 hebt Insider-Transaktionen des EVP Operations Officer William Jennings hervor. Die Einreichung zeigt am 09.05.2025 einen nicht-derivativen Erwerb von 49.9666 Phantom-Stock-Einheiten zu $15.01 im Rahmen des Columbia Bank Stock Based Deferral Plan; diese Einheiten werden bei Ausschüttung in Aktien ausgezahlt. Der Bericht offenbart zudem bestehende Beteiligungen in verschiedenen Plänen: ein ESOP mit 3.116 Aktien, ein SERP mit 608 Aktien sowie Aktienzuwendungen in Höhe von 7.795 und 7.533 Aktien, die an Performance- bzw. Zeitbasierte Vesting-Bedingungen geknüpft sind. Zu den derivativen Positionen gehören Aktienoptionen auf 41.475, 5.715 und 13.051 zugrundeliegende Aktien mit Ausübungspreisen von $21.79, $16.49 und $16.23; die größte Optionstranche ist vollständig vested und ausübbar.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine insider acquisition and disclosure of multiple equity vehicles with scheduled and performance-based vesting; no apparent unusual activity.

The Form 4 documents a small purchase of phantom stock units within a non-qualified deferral plan and outlines the reporting officer's holdings across ESOP, SERP and multiple equity award tranches. Several stock awards are performance-conditioned and time-based, which aligns executive incentives with long-term company performance. The presence of a large, fully vested option tranche (41,475 shares at $21.79) is notable for potential future exercises but does not itself indicate an immediate dilutive event. All transactions are standard for executive compensation reporting and were reported via Power of Attorney signature.

TL;DR: Insider acquired ~50 phantom units at $15.01; significant option exposure exists but no disposals indicating exit.

The 09/05/2025 acquisition of 49.9666 phantom units at $15.01 is modest in size relative to the option positions disclosed. Derivative positions total 60,241 underlying shares across three option grants with strike prices of $21.79, $16.49 and $16.23 and staggered vesting/expiration schedules through 2035. The filing shows no large sales or transfers that would signal an insider liquidity event. From an investor-impact perspective, these are routine disclosures of compensation-related holdings and do not by themselves alter ownership control or imply near-term dilution beyond existing outstanding awards.

Columbia Financial, Inc. (CLBK) � il modulo 4 evidenzia operazioni interne dell'EVP Operations Officer William Jennings. Il deposito riporta un acquisto non derivato, effettuato il 09/05/2025, di 49.9666 unità di phantom stock acquistate a $15.01 nell'ambito del Columbia Bank Stock Based Deferral Plan; tali unità saranno liquidate in azioni al momento della distribuzione. Il rapporto segnala inoltre partecipazioni esistenti in vari piani: un ESOP per 3.116 azioni, un SERP per 608 azioni e premi azionari pari a 7.795 e 7.533 azioni legati rispettivamente a meccanismi di performance e di maturazione temporale. Le posizioni in strumenti derivati includono opzioni su 41.475, 5.715 e 13.051 azioni sottostanti con prezzi di esercizio di $21.79, $16.49 e $16.23; il più consistente lotto di opzioni è completamente maturato ed esercitabile.

Columbia Financial, Inc. (CLBK) � el Formulario 4 destaca transacciones de un insider: el EVP Operations Officer William Jennings. La presentación muestra una adquisición no derivada el 09/05/2025 de 49.9666 unidades de phantom stock compradas a $15.01 bajo el Columbia Bank Stock Based Deferral Plan; esas unidades se convertirán en acciones al momento de la distribución. El informe también revela tenencias vigentes en distintos planes: un ESOP con 3,116 acciones, un SERP con 608 acciones y adjudicaciones de acciones por 7,795 y 7,533 acciones vinculadas a desempeño y a vesting por tiempo. Las posiciones derivadas incluyen opciones sobre 41,475, 5,715 y 13,051 acciones subyacentes con precios de ejercicio de $21.79, $16.49 y $16.23; el mayor tramo de opciones está completamente devengado y es ejercitable.

Columbia Financial, Inc. (CLBK)ì� Form 4 요약 â€� EVP Operations Officer William Jenningsì� ë‚´ë¶€ìž� 거래가 ê°•ì¡°ë˜ì—ˆìŠµë‹ˆë‹�. 제출서류ì—는 2025-09-05ì¼ìž 비파ìƒ� 매수ë¡� Columbia Bank Stock Based Deferral Planì—� ë”°ë¼ 49.9666ê°œì˜ íŒ¬í…€ 스톡 단위ë¥� $15.01ì—� ì·¨ë“í•� ë‚´ì—­ì� 기재ë˜ì–´ 있으ë©�, 해당 단위ëŠ� ë¶„ë°° ì‹� 주ì‹ìœ¼ë¡œ ì •ì‚°ë©ë‹ˆë‹�. 보고서ì—ëŠ� ë˜í•œ 기존 보유 ë‚´ì—­ë� 공개ë˜ì–´ 있습니다: ESOP 보유 3,116ì£�, SERP 보유 608ì£�, 성과 기반 ë°� 기간 기준 ë² ìŠ¤íŒ…ì— ë¬¶ì¸ ìŠ¤í†¡ 어워ë“� 7,795ì£� ë°� 7,533ì£�. 파ìƒìƒí’ˆ 보유ì—는 í–‰ì‚¬ê°€ê²©ì´ ê°ê° $21.79, $16.49, $16.23ì� ê¸°ì´ˆì£¼ì‹ 41,475, 5,715, 13,051ì£¼ì— ëŒ€í•� 스톡옵션ì� í¬í•¨ë˜ë©°, ê°€ìž� í� 옵션 묶ìŒì€ 완전íž� 베스팅ë˜ì–� 행사 가능합니다.

Columbia Financial, Inc. (CLBK) � le Formulaire 4 met en évidence des opérations d'initié impliquant l'EVP Operations Officer William Jennings. Le dépôt indique une acquisition non dérivée le 09/05/2025 de 49.9666 unités de phantom stock achetées à $15.01 dans le cadre du Columbia Bank Stock Based Deferral Plan ; ces unités seront réglées en actions lors de la distribution. Le rapport divulgue également des détentions existantes dans divers plans : un ESOP de 3,116 actions, un SERP de 608 actions et des attributions d'actions de 7,795 et 7,533 actions liées respectivement à la performance et au vesting temporel. Les positions dérivées comprennent des options sur actions pour 41,475, 5,715 et 13,051 actions sous-jacentes avec des prix d'exercice de $21.79, $16.49 et $16.23 ; la plus importante tranche d'options est entièrement acquise et exerçable.

Columbia Financial, Inc. (CLBK) � Form 4 hebt Insider-Transaktionen des EVP Operations Officer William Jennings hervor. Die Einreichung zeigt am 09.05.2025 einen nicht-derivativen Erwerb von 49.9666 Phantom-Stock-Einheiten zu $15.01 im Rahmen des Columbia Bank Stock Based Deferral Plan; diese Einheiten werden bei Ausschüttung in Aktien ausgezahlt. Der Bericht offenbart zudem bestehende Beteiligungen in verschiedenen Plänen: ein ESOP mit 3.116 Aktien, ein SERP mit 608 Aktien sowie Aktienzuwendungen in Höhe von 7.795 und 7.533 Aktien, die an Performance- bzw. Zeitbasierte Vesting-Bedingungen geknüpft sind. Zu den derivativen Positionen gehören Aktienoptionen auf 41.475, 5.715 und 13.051 zugrundeliegende Aktien mit Ausübungspreisen von $21.79, $16.49 und $16.23; die größte Optionstranche ist vollständig vested und ausübbar.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Jennings William Justin

(Last) (First) (Middle)
19-01 ROUTE 208 NORTH

(Street)
FAIR LAWN NJ 07410

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Columbia Financial, Inc. [ CLBK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Operations Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/05/2025 A 49.9666(1) A $15.01 3,225.0525 I By Stock-Based Deferral Plan
Common Stock 11,754 D
Common Stock 3,116 I By ESOP
Common Stock 608 I By SERP
Common Stock 7,795 I By Stock Award II(2)
Common Stock 7,533 I By Stock Award III(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) $21.79 03/21/2023(4) 03/21/2032 Common Stock 41,475 41,475 D
Stock Options (right to buy) $16.49 03/06/2025(5) 03/06/2034 Common Stock 5,715 5,715 D
Stock Options (right to buy) $16.23 03/03/2026(6) 03/03/2035 Common Stock 13,051 13,051 D
Explanation of Responses:
1. Represents phantom stock purchased, on a non-discretionary basis, by the trustee of the Bank's rabbi trust maintained in connection with the Columbia Bank Stock Based Deferral Plan, a non-qualified stock-based deferral plan. Stock unit interests under the Columbia Bank Stock Based Deferral Plan will be settled in shares of stock upon distribution to the reporting person.
2. 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.
3. 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.
4. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
5. 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.
6. 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.
Remarks:
/s/ Dennis E. Gibney, Power of Attorney 09/09/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did William Jennings report on Form 4 for CLBK?

The filing reports an acquisition on 09/05/2025 of 49.9666 phantom stock units purchased at $15.01 under the Columbia Bank Stock Based Deferral Plan.

How many shares are held indirectly by the reporting person via ESOP and SERP?

The Form 4 discloses 3,116 shares held via the ESOP and 608 shares held via the SERP.

What derivative positions does the reporting person hold according to the filing?

The filing lists stock options covering 41,475 (exercise $21.79), 5,715 (exercise $16.49) and 13,051 (exercise $16.23) underlying shares, with expirations through 2035.

Are any stock awards performance-based?

Yes; one award specifies that 75% vests only upon achievement of specified performance-based vesting criteria, with the remainder vesting over time.

Was the Form 4 signed by the reporting person?

The filing was signed by Dennis E. Gibney as Power of Attorney on 09/09/2025 for the reporting person.
Columbia Financ

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CLBK Stock Data

1.58B
26.84M
74.42%
13.11%
1.54%
Banks - Regional
Savings Institution, Federally Chartered
United States
FAIR LAWN