STOCK TITAN

Equity grants to Columbia Financial (CLBK) SEVP and commercial head

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Columbia Financial, Inc. executive Lewis Oliver Edward Jr., SEVP & Head of Commercial Banking, reported new equity awards. He was granted 20,000 stock options and 11,772 shares of common stock as a stock award, both recorded as acquisitions at no cash cost in this transaction.

The options and stock awards were issued under the 2019 Equity Incentive Plan, with vesting tied to multi-year schedules and performance-based criteria, including tranches that begin vesting in approximately equal annual installments and others that vest three years after the award dates through March 2, 2029.

Positive

  • None.

Negative

  • None.
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*
Lewis Oliver Edward Jr

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SEVP & Head Commercial Banking
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 A 11,772 A $0 11,772 I Stock Award VI(1)
Common Stock 4,904.8538 I By Stock-Based Deferral Plan
Common Stock 26,672 D
Common Stock 6,521 I By ESOP
Common Stock 2,919 I By SERP
Common Stock 681 I By SIM
Common Stock 13,265 I By Stock Award III(2)
Common Stock 11,616 I By Stock Award IV(3)
Common Stock 11,300 I By Stock Award V(4)
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
Stock Options (right to buy) $18.28 03/02/2026 A 20,000 03/02/2027(5) 03/02/2036 Common Stock 20,000 $0 20,000 D
Stock Options (right to buy) $17 07/23/2020(6) 07/23/2029 Common Stock 17,647 17,647 D
Stock Options (right to buy) $17.86 03/22/2022(6) 03/22/2031 Common Stock 57,026 57,026 D
Stock Options (right to buy) $15.94 05/01/2024(7) 05/01/2033 Common Stock 11,579 11,579 D
Stock Options (right to buy) $16.49 03/06/2025(8) 03/06/2034 Common Stock 8,518 8,518 D
Stock Options (right to buy) $16.23 03/03/2026(9) 03/03/2035 Common Stock 19,576 19,576 D
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
7. 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.
8. 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.
9. 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.
Remarks:
/s/ Dennis E. Gibney, Power of Attorney 03/04/2026
** 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 Lewis Oliver Edward Jr. acquire in this CLBK Form 4 filing?

He received new equity awards from Columbia Financial, Inc., including 20,000 stock options and 11,772 shares of common stock. These awards were granted at no cash cost in this transaction under the company’s 2019 Equity Incentive Plan with multi-year vesting schedules.

How many Columbia Financial (CLBK) stock options were granted to Lewis Oliver Edward Jr.?

He was granted 20,000 stock options described as a right to buy Columbia Financial common stock. The options were awarded with a reported transaction price per share of 0.0000 and vest in three approximately equal annual installments starting on March 2, 2027.

What stock awards did Lewis Oliver Edward Jr. report for Columbia Financial (CLBK)?

He reported an award of 11,772 shares of Columbia Financial common stock, held indirectly as “Stock Award VI.” These shares were granted under the 2019 Equity Incentive Plan and are subject to vesting based on time and specified performance-based criteria over several years.

What are the key vesting terms of the Columbia Financial 2019 Equity Incentive Plan awards?

The plan provides stock awards that either vest in three approximately equal annual installments or upon achievement of specified performance-based criteria. Some performance-based awards vest three years after the grant, with dates including March 3, 2028 and March 2, 2029, if performance targets are achieved.

Do the reported Columbia Financial (CLBK) stock options in this Form 4 vest immediately?

No, the reported stock options do not vest immediately. Certain options vest in three approximately equal annual installments beginning on dates such as March 2, 2027, May 1, 2024, March 6, 2025, and March 3, 2026, according to the 2019 Equity Incentive Plan footnotes.

Does this Columbia Financial (CLBK) Form 4 show any stock sales by Lewis Oliver Edward Jr.?

No, the filing shows only acquisitions and holdings, with no reported sales. The transaction summary lists two acquisition transactions and zero sales or dispositions, indicating this Form 4 reflects grants and existing positions rather than selling activity.
Columbia Financ

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1.86B
25.88M
Banks - Regional
Savings Institution, Federally Chartered
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United States
FAIR LAWN