CLBK insider report: 9,530 options exercisable through 01/01/2026
Rhea-AI Filing Summary
Jenifer Walden White, EVP & CHRO of Columbia Financial, Inc. (CLBK), reported several insider transactions dated 10/03/2025. She acquired 35.775 phantom stock units under the bank's non‑qualified Stock Based Deferral Plan at a deemed price of $14.89, bringing her total indirect beneficial ownership to 2,845.5536 shares. The filing also shows multiple dispositions of stock awards and award tranches that reduced the reported amounts for those specific award lines to 0 shares.
Table II discloses three fully vested and exercisable stock options: 3,693 options at $20.54, 4,135 at $15.94, and 1,702 at $16.49, each exercisable and expiring on 01/01/2026. The form was signed via power of attorney on 10/07/2025.
Positive
- None.
Negative
- None.
Insights
Insider remains invested via deferred units while exercising standard equity compensation controls.
The acquisition of 35.775 phantom units under the non‑qualified Stock Based Deferral Plan indicates a continued alignment of the executive with shareholder value through deferred equity rather than cash compensation. The filing lists the units as held indirectly in a rabbi trust and slated to settle in shares on distribution.
This pattern reduces immediate selling pressure because the acquisition is non‑discretionary under the plan, but investors should note the multiple dispositions of award tranches on the same date which reduced certain award balances to 0; monitor any periodic Form 4s for future sales or distributions within the next 12 months.
Several fully vested options remain exercisable through 01/01/2026, representing near‑term exercisable upside.
The report shows three stock option grants totaling 9,530 options across exercise prices of $20.54, $15.94, and $16.49, all exercisable and expiring on 01/01/2026. These are disclosed as direct holdings and therefore could convert into common shares if exercised.
Because the options are fully vested, the primary variables are share price and timing; if exercised and sold, they could impact share supply in the near term, so watch option exercise activity and any following sales within the next quarter.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35.775 | $14.89 | $532.69 |
| Disposition | Common Stock | 649 | $0.00 | -- |
| Disposition | Common Stock | 7,106 | $0.00 | -- |
| Disposition | Common Stock | 6,964 | $0.00 | -- |
| Disposition | Common Stock | 6,521 | $0.00 | -- |
| 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 | -- | -- | -- |
Footnotes (1)
- 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. This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to rule 16b-3(c). Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
