William Justin Jennings - 06 Mar 2025 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Signature
/s/ Dennis E. Gibney, Power of Attorney
Issuer symbol
CLBK
Transactions as of
06 Mar 2025
Net transactions value
-$4,085
Form type
4
Filing time
10 Mar 2025, 17:05:43 UTC
Previous filing
05 Mar 2025
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLBK Common Stock Tax liability $4,085 -260 -3.3% $15.71 7,670 06 Mar 2025 Direct F1
holding CLBK Common Stock 2,205 06 Mar 2025 By Stock-Based Deferral Plan
holding CLBK Common Stock 1,948 06 Mar 2025 By ESOP
holding CLBK Common Stock 500 06 Mar 2025 By SERP
holding CLBK Common Stock 6,196 06 Mar 2025 By Stock Award F2
holding CLBK Common Stock 7,795 06 Mar 2025 By Stock Award II F3
holding CLBK Common Stock 7,533 06 Mar 2025 By Stock Award III F4

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) 41,475 06 Mar 2025 Common Stock 41,475 $21.79 Direct F5
holding CLBK Stock Options (right to buy) 5,715 06 Mar 2025 Common Stock 5,715 $16.49 Direct F6
holding CLBK Stock Options (right to buy) 13,051 06 Mar 2025 Common Stock 13,051 $16.23 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
F2 Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in three equal annual installments commencing on March 21, 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 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.
F4 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.
F5 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three equal annual installments commencing on March 21, 2023.
F6 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.
F7 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.