Jenifer White Walden - 21 Mar 2025 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & CHRO
Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
21 Mar 2025
Net transactions value
+$533
Form type
4
Filing time
25 Mar 2025, 12:08:23 UTC
Previous filing
18 Mar 2025
Next filing
08 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Award $533 +35 +1.5% $15.01 2,332 21 Mar 2025 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 2,641 21 Mar 2025 Direct
holding CLBK Common Stock 2,073 21 Mar 2025 By ESOP
holding CLBK Common Stock 45 21 Mar 2025 By SERP
holding CLBK Common Stock 14 21 Mar 2025 By SIM
holding CLBK Common Stock 649 21 Mar 2025 By Stock Award F2
holding CLBK Common Stock 7,817 21 Mar 2025 By Stock Award II F3
holding CLBK Common Stock 6,964 21 Mar 2025 By Stock Award III F4
holding CLBK Common Stock 6,521 21 Mar 2025 By Stock Award IV F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CLBK Stock Options (right to buy) 5,540 21 Mar 2025 Common Stock 5,540 $20.54 Direct F6
holding CLBK Stock Options (right to buy) 6,203 21 Mar 2025 Common Stock 6,203 $15.94 Direct F7
holding CLBK Stock Options (right to buy) 5,107 21 Mar 2025 Common Stock 5,107 $16.49 Direct F8
holding CLBK Stock Options (right to buy) 11,297 21 Mar 2025 Common Stock 11,297 $16.23 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, which vest in three equal annual installments commencing on October 31, 2023.
F3 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 May 1, 2024; 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.
F4 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.
F5 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.
F6 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three equal annual installments commencing on October 31, 2023.
F7 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on May 1, 2024.
F8 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.
F9 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.