Manesh Balachandran Prabhu - Mar 14, 2025 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role
EVP & CIO
Signature
/s/ Dennis E. Gibney, Power of Attorney
Stock symbol
CLBK
Transactions as of
Mar 14, 2025
Transactions value $
$5,010
Form type
4
Date filed
3/18/2025, 04:13 PM
Previous filing
Mar 10, 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 $5.01K +330 +152.61% $15.20 546 Mar 14, 2025 By Stock-Based Deferral Plan F1
holding CLBK Common Stock 3.22K Mar 14, 2025 Direct
holding CLBK Common Stock 1.22K Mar 14, 2025 By 401(k) F2
holding CLBK Common Stock 2.15K Mar 14, 2025 By ESOP F2
holding CLBK Common Stock 437 Mar 14, 2025 By SERP F2
holding CLBK Common Stock 1.52K Mar 14, 2025 By Stock Award F3
holding CLBK Common Stock 10.7K Mar 14, 2025 By Stock Award II F4
holding CLBK Common Stock 11.3K Mar 14, 2025 By Stock Award III F5
holding CLBK Common Stock 11K Mar 14, 2025 By Stock Award IV F6

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) 13K Mar 14, 2025 Common Stock 13K $20.54 Direct F7
holding CLBK Stock Options (right to buy) 8.46K Mar 14, 2025 Common Stock 8.46K $15.94 Direct F8
holding CLBK Stock Options (right to buy) 8.3K Mar 14, 2025 Common Stock 8.3K $16.49 Direct F9
holding CLBK Stock Options (right to buy) 19.1K Mar 14, 2025 Common Stock 19.1K $16.23 Direct F10
* 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 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to rule 16b-3(c).
F3 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.
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 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.
F5 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.
F6 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.
F7 Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, which vest in three equal annual installments commencing on October 31, 2023.
F8 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.
F9 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.
F10 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.