John Klimowich - 01 May 2025 Form 4 Insider Report for Columbia Financial, Inc. (CLBK)

Role: SEVP & Chief Risk Officer
Signature: /s/ Dennis E. Gibney, Power of Attorney
Issuer symbol: CLBK
Transactions as of: 01 May 2025
Transactions value $: -$6,295
Form type: 4
Filing time: 05 May 2025, 15:22:58 UTC
Previous filing: 21 Apr 2025
Next filing: 20 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Klimowich John	SEVP & Chief Risk Officer	19-01 ROUTE 208 NORTH, FAIR LAWN	/s/ Dennis E. Gibney, Power of Attorney	05 May 2025	0001729859

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLBK	Common Stock	Tax liability	-$6,933	-472	-0.77%	$14.69	60,769	01 May 2025	Direct	F1
transaction	CLBK	Common Stock	Award	$638	+43	+0.58%	$14.96	7,414	02 May 2025	By Stock-Based Deferral Plan	F2
holding	CLBK	Common Stock						17,130	01 May 2025	By 401(k)
holding	CLBK	Common Stock						7,620	01 May 2025	By ESOP
holding	CLBK	Common Stock						7,051	01 May 2025	By SERP
holding	CLBK	Common Stock						4,214	01 May 2025	By SIM
holding	CLBK	Common Stock						13,781	01 May 2025	By Stock Award II	F3
holding	CLBK	Common Stock						12,068	01 May 2025	By Stock Award III	F4
holding	CLBK	Common Stock						11,723	01 May 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)						188,235	01 May 2025	Common Stock	188,235	$15.6	Direct	F6
holding	CLBK	Stock Options (right to buy)						12,030	01 May 2025	Common Stock	12,030	$15.94	Direct	F7
holding	CLBK	Stock Options (right to buy)						8,850	01 May 2025	Common Stock	8,850	$16.49	Direct	F8
holding	CLBK	Stock Options (right to buy)						20,310	01 May 2025	Common Stock	20,310	$16.23	Direct	F9

* 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	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.
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 are fully vested and exercisable.
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.