Columbia Financial director adds phantom units and time‑vesting awards

Rhea-AI Filing Summary

Columbia Financial, Inc. (CLBK) director Daria Stacy-Walls reported purchases and awards that increased her stake. On 10/03/2025 she was credited with 620.6628 phantom stock units purchased at $14.89 through the Bank's rabbi trust under the Stock Based Deferral Plan; those units will settle in shares when distributed. The filing shows 8,048 shares acquired (direct) and 3,207 shares held indirectly from a stock award that vests on 03/11/2026. After these transactions her total beneficial ownership is reported as 26,297.3924 shares (indirect). The stock award is governed by the 2019 Equity Incentive Plan and the deferral units are non-qualified and non-discretionary.

Positive

• Beneficial ownership increased to 26,297.3924 shares after the reported transactions
• 620.6628 phantom stock units were purchased at $14.89 into the rabbi trust under the Stock Based Deferral Plan
• Stock award of 3,207 shares vests on 03/11/2026, providing a known near‑term vesting date

Negative

• None.

Insights

Corporate Insider / Governance Analyst

Insider increased holdings via deferral plan and time‑vesting award.

The reporting director received 620.6628 phantom stock units purchased at $14.89 through a rabbi trust tied to the Stock Based Deferral Plan and also shows 8,048 shares acquired directly plus 3,207 indirectly from a stock award.

These holdings raise her reported beneficial ownership to 26,297.3924 shares and include a stock award that vests on 03/11/2026, creating a clear near‑term vesting milestone to monitor for share releases and potential lockup behavior over the next Q1 2026 period.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Torres Daria Stacy-Walls

(Last) (First) (Middle)

19-01 ROUTE 208 NORTH

(Street)

FAIR LAWN NJ 07410

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Columbia Financial, Inc. [ CLBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/03/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/03/2025		A		620.6628(1)	A	$14.89	26,297.3924	I	By Stock-Based Deferral Plan
Common Stock								8,048	D
Common Stock								3,207	I	By Stock Award IV(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

2. Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan which vest in one year on March 11, 2026.

Remarks:

	/s/ Dennis E. Gibney, Power of Attorney	10/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CLBK director Daria Stacy-Walls report on Form 4?

She reported acquisition of 620.6628 phantom stock units at $14.89, 8,048 shares acquired directly, and 3,207 shares indirectly from a stock award.

How many shares does Daria Stacy-Walls beneficially own after the transactions?

The filing reports 26,297.3924 beneficially owned shares following the reported transactions.

When do the reported stock awards vest for CLBK insider holdings?

The disclosed stock awards vest in one year on 03/11/2026.

What is the Stock Based Deferral Plan mentioned in the CLBK Form 4?

The filing states the plan is a non‑qualified stock‑based deferral plan whose stock unit interests are held in a rabbi trust and will be settled in shares upon distribution.

At what price were the phantom units purchased in the Form 4?

The phantom stock units were purchased at $14.89 per unit on 10/03/2025.