Equity grants to Columbia Financial (CLBK) senior banking executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Columbia Financial, Inc. granted Senior Executive Vice President and Head of Consumer Banking Allyson Katz stock options for 21,364 shares at an exercise price of $0.00 per share and 12,574 shares of common stock as an equity award.
The options were issued under the 2019 Equity Incentive Plan and vest in three approximately equal annual installments starting on March 2, 2027. The stock award, held indirectly through “Stock Award V,” is performance-based and, if vesting criteria are met, will vest three years after the grant date on March 2, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
14 transactions reported
Mixed
14 txns
Insider
Schlesinger Allyson Katz
Role
SEVP&Head of Consumer Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 21,364 | $0.00 | -- |
| Grant/Award | Common Stock | 12,574 | $0.00 | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 21,364 shares (Direct);
Common Stock — 12,574 shares (Indirect, By Stock Award V);
Common Stock — 64,281 shares (Direct)
Footnotes (1)
- 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 2, 2029. 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. 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. 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. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 2, 2027. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable. 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. 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. 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.
FAQ
What equity awards did Columbia Financial (CLBK) grant to Allyson Katz?
Columbia Financial granted Allyson Katz stock options for 21,364 shares and a 12,574-share common stock award. Both were issued under the 2019 Equity Incentive Plan as part of her compensation as SEVP and Head of Consumer Banking.
How do the new stock options for Columbia Financial (CLBK) executive vest?
The 21,364 Columbia Financial stock options vest in three approximately equal annual installments starting on March 2, 2027. This schedule gradually delivers option value over time, aligning the executive’s long-term incentives with company performance and continued service.
Are the new Columbia Financial (CLBK) equity grants to Allyson Katz direct or indirect holdings?
The 21,364 stock options are held directly by Allyson Katz, while the 12,574-share common stock award is held indirectly through an arrangement labeled “Stock Award V.” Both positions are reported as part of her overall beneficial ownership structure.
What plan governs the recent equity awards to the Columbia Financial (CLBK) executive?
Both the stock options and the 12,574-share stock award to Allyson Katz were granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan. This plan sets the vesting schedules and performance-based criteria that determine when and how these awards become fully vested.
Columbia Financ