Columbia Financial CEO granted options and shares
Kemly Thomas J. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kemly Thomas J. reported acquisition or exercise transactions in this Form 4 filing.
Columbia Financial, Inc. President and CEO Thomas J. Kemly reported equity awards on common stock dated March 2, 2026. He received stock options covering 91,477 shares and a separate grant of 53,842 shares of common stock through "Stock Award V."
The options were issued under the 2019 Equity Incentive Plan and vest in three approximately equal annual installments beginning on March 2, 2027. The Stock Award V shares vest only if specified performance-based criteria are met and, if achieved, would vest three years after the award date on March 2, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 145,319 shares
Grant/Award
16 txns
Insider
Kemly Thomas J.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 91,477 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 53,842 | $0.00 | $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 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 917,759 contracts for 826,282 underlying shares (Direct);
Common Stock — 53,842 shares (Indirect, By Stock Award V);
Common Stock — 66,923.6689 shares (Indirect, By Stock-Based Deferral Plan);
Common Stock — 233,808 shares (Direct);
Common Stock — 40,946 shares (Indirect, By 401(k));
Common Stock — 7,620 shares (Indirect, By ESOP);
Common Stock — 32,597 shares (Indirect, By SERP);
Common Stock — 41,572 shares (Indirect, By SIM);
Common Stock — 5,933 shares (Indirect, By Spouse);
Common Stock — 43,411 shares (Indirect, By Stock Award II);
Common Stock — 50,686 shares (Indirect, By Stock Award III);
Common Stock — 54,690 shares (Indirect, By Stock Award IV)
Footnotes (9)
- F1. 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.
- F2. 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.
- 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 approximately equal annual installments commencing on March 2, 2027.
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CLBK CEO Thomas J. Kemly report?
Thomas J. Kemly reported equity awards in Columbia Financial, Inc. common stock. These included newly granted stock options and a performance-based stock award, all issued under the company’s 2019 Equity Incentive Plan with multi-year vesting schedules tied to time and performance conditions.
How many stock options were granted to the CLBK CEO in this Form 4?
The CEO received stock options covering 91,477 shares of Columbia Financial common stock. These options were granted under the 2019 Equity Incentive Plan and are scheduled to vest in three approximately equal annual installments beginning on March 2, 2027, subject to continued service.
What is the vesting schedule for the new CLBK stock options granted to the CEO?
The newly granted stock options vest in three approximately equal annual installments starting March 2, 2027. This means one-third of the options becomes exercisable each year over three years, incentivizing longer-term alignment with Columbia Financial’s performance and shareholder interests.
Are the CLBK CEO’s reported transactions open-market buys or compensation awards?
The reported transactions are compensation-related equity awards, not open-market purchases or sales. They include stock options and performance-based stock awards granted under Columbia Financial’s 2019 Equity Incentive Plan, with vesting tied to time in role and meeting defined performance conditions.
Under what plan were the CLBK CEO’s 2026 equity awards granted?
All reported equity awards were granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan. This plan governs stock options and stock awards, including time-based vesting and performance-based vesting structures aligned with longer-term company goals and executive retention incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
