Columbia Financial exec reports tax-withholding shares
Columbia Financial, Inc. executive Lewis Oliver Edward Jr., SEVP & Head Commercial Banking, reported a routine tax-withholding disposition of 392 shares of common stock on March 6, 2026 at $18.06 per share.
Rhea-AI Filing Summary
Columbia Financial, Inc. executive Lewis Oliver Edward Jr., SEVP & Head Commercial Banking, reported a routine tax-withholding disposition of 392 shares of common stock on March 6, 2026 at $18.06 per share. These shares were withheld to cover tax obligations rather than sold on the open market. After this transaction, he holds 27,336 common shares directly, alongside multiple stock option grants with exercise prices ranging from $15.94 to $18.28 and expirations between 2029 and 2036, all under the company’s 2019 Equity Incentive Plan.
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Insider Trade Summary
Exercise Price or Tax Liability: 392 shares
Exercise Price or Tax Liability
15 txns
Insider
Lewis Oliver Edward Jr
Role
SEVP & Head Commercial Banking
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 392 | $18.06 | $7K |
| 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 | 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:
Common Stock — 27,336 shares (Direct);
Stock Options (right to buy) — 134,346 contracts (Direct);
Common Stock — 4,904.8538 shares (Indirect, By Stock-Based Deferral Plan);
Common Stock — 6,521 shares (Indirect, By ESOP);
Common Stock — 2,919 shares (Indirect, By SERP);
Common Stock — 681 shares (Indirect, By SIM);
Common Stock — 13,265 shares (Indirect, By Stock Award III);
Common Stock — 10,560 shares (Indirect, By Stock Award IV);
Common Stock — 11,300 shares (Indirect, By Stock Award V);
Common Stock — 11,772 shares (Indirect, Stock Award VI)
Footnotes (10)
- F1. The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
- 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 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.
- 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.
- F10. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CLBK executive Lewis Oliver Edward Jr. report?
He reported a tax-withholding disposition of 392 shares of Columbia Financial common stock. The shares were withheld at $18.06 each to satisfy tax obligations related to equity compensation, rather than sold in an open-market transaction.
What stock options does the CLBK executive retain after this Form 4 filing?
He retains several stock option grants on Columbia Financial common stock with exercise prices between $15.94 and $18.28. These options have expiration dates from 2029 through 2036 and were granted under the 2019 Equity Incentive Plan.
What role does Lewis Oliver Edward Jr. hold at Columbia Financial (CLBK)?
He serves as Senior Executive Vice President and Head of Commercial Banking at Columbia Financial. This senior leadership position explains his significant mix of direct shares, stock awards, and stock options reported in the Form 4 filing.
Does the CLBK Form 4 indicate any large directional trade by the executive?
The filing indicates only a small tax-withholding disposition of 392 shares, not a large directional trade. It primarily updates administrative details on his equity compensation and confirms his remaining direct and derivative holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
