Columbia Financial exec granted options and stock
Columbia Financial, Inc. executive John Klimowich, SEVP & Chief Risk Officer, reported equity compensation grants rather than open-market trades.
Rhea-AI Filing Summary
Columbia Financial, Inc. executive John Klimowich, SEVP & Chief Risk Officer, reported equity compensation grants rather than open-market trades. On March 2, 2026, he acquired 20,227 stock options with a grant price of $0.00 per option and 11,906 shares of common stock through a stock award vehicle.
The options and stock awards were granted under the 2019 Equity Incentive Plan, with vesting schedules tied to time-based installments and performance-based criteria, in some cases over three years. The filing also lists updated totals for his existing option and stock holdings, both directly and through various company plans.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 32,133 shares
Grant/Award
15 txns
Insider
Klimowich John
Role
SEVP & Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 20,227 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 11,906 | $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 | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 249,652 contracts for 229,425 underlying shares (Direct);
Common Stock — 11,906 shares (Indirect, By Stock Award V);
Common Stock — 8,299.8427 shares (Indirect, By Stock-Based Deferral Plan);
Common Stock — 60,769 shares (Direct);
Common Stock — 17,130 shares (Indirect, By 401(k));
Common Stock — 7,620 shares (Indirect, By ESOP);
Common Stock — 7,051 shares (Indirect, By SERP);
Common Stock — 4,214 shares (Indirect, By SIM);
Common Stock — 13,781 shares (Indirect, By Stock Award II);
Common Stock — 12,068 shares (Indirect, By Stock Award III);
Common Stock — 11,723 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 executive John Klimowich report?
John Klimowich reported equity compensation grants, not market trades. He received 20,227 stock options at a grant price of $0.00 and 11,906 shares of Columbia Financial common stock through a stock award structure under the company’s 2019 Equity Incentive Plan.
Were these CLBK Form 4 transactions open-market buys or sells?
These transactions were grants, not open-market buys or sells. The Form 4 shows stock options and common stock awarded under Columbia Financial’s 2019 Equity Incentive Plan, with a grant price of $0.00 per option and no reported sale of existing shares.
How many Columbia Financial stock options were granted to Klimowich?
Klimowich was granted 20,227 stock options with a reported grant price of $0.00 per option. These options were issued under the 2019 Equity Incentive Plan and are scheduled to vest in approximately three equal annual installments beginning March 2, 2027, per the footnote description.
What vesting terms apply to the new Columbia Financial equity awards?
The awards vest over time and based on performance. Footnotes state some stock awards vest 25% in three annual installments, with the remaining 75% tied to performance criteria that, if met, lead to full vesting three years after each award’s grant date under the 2019 Equity Incentive Plan.
Does the Form 4 show Klimowich’s other CLBK holdings?
Yes, the filing lists updated totals for existing holdings. It shows various blocks of Columbia Financial stock and options held directly and indirectly through plans such as a 401(k), ESOP, SERP, stock-based deferral plan, and multiple stock award programs, reflecting post-transaction balances only.
AI-generated analysis. How Rhea-AI works. Not financial advice.
