Columbia Financial (CLBK) director details options and share holdings in Form 3
Rhea-AI Filing Summary
Columbia Financial, Inc./MD/ director Michael Massood Jr. filed an initial ownership report detailing his equity positions in the company. He reports 183,246 stock options with an exercise price of $7.10 per share, exercisable into common stock until July 23, 2029. He also reports direct ownership of 94,613 shares of common stock, as well as indirect holdings of 78,063 shares through a Roth IRA, 47,044 shares through an IRA, and 6,494 shares through a stock award vehicle.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Massood Michael Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 183,246 shares (Direct);
Common Stock — 94,613 shares (Direct);
Common Stock — 78,063 shares (Indirect, By Roth IRA);
Common Stock — 47,044 shares (Indirect, By IRA);
Common Stock — 6,494 shares (Indirect, By Stock Award V)
Key Figures
Stock options underlying shares: 183,246 shares
Option exercise price: $7.10 per share
Option expiration date: July 23, 2029
+4 more
7 metrics
Stock options underlying shares
183,246 shares
Stock Options (right to buy) underlying Columbia Financial common stock
Option exercise price
$7.10 per share
Exercise price for reported stock options
Option expiration date
July 23, 2029
Expiration date of stock options (right to buy)
Direct common shares
94,613 shares
Common stock held directly by the reporting person
Roth IRA indirect shares
78,063 shares
Common stock held indirectly by Roth IRA
IRA indirect shares
47,044 shares
Common stock held indirectly by IRA
Stock Award V shares
6,494 shares
Common stock held indirectly by Stock Award V
Key Terms
Stock Options (right to buy), Roth IRA, Power of Attorney, indirect ownership
4 terms
Stock Options (right to buy) financial
"security_title: Stock Options (right to buy)"
Roth IRA financial
"nature_of_ownership: By Roth IRA"
A Roth IRA is a retirement savings account you fund with money that’s already been taxed, and withdrawals taken in retirement under the account rules are tax-free. It matters to investors because it shifts the tax bill to today instead of retirement, potentially increasing after-tax income later—think of it like paying for a lifetime subscription now so you can use it without extra charges in the future—helpful for long-term tax planning and flexibility.
Power of Attorney regulatory
"Exhibit 24 Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: By IRA"
FAQ
What does the CLBK Form 3 filed by Michael Massood Jr. show?
The Form 3 shows initial ownership of Columbia Financial, Inc./MD/ securities by director Michael Massood Jr., including stock options and common shares held directly and through retirement and award accounts.
How many stock options does Michael Massood Jr. report for CLBK?
He reports 183,246 stock options with an exercise price of $7.10 per share. These options are exercisable into Columbia Financial common stock and have an expiration date of July 23, 2029.
What indirect CLBK holdings are reported through retirement accounts?
He reports 78,063 shares of Columbia Financial common stock held by Roth IRA and 47,044 shares held by IRA, both classified as indirect ownership positions.
Does the CLBK Form 3 show any recent insider buying or selling?
No buy or sell transactions are reported; the entries are holding records with no transaction codes. The Form 3 provides a snapshot of existing ownership rather than new trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
