Columbia Financial director receives stock deferral grant
Columbia Financial, Inc. director Noel R. Holland reported routine equity compensation activity and updated holdings.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Columbia Financial, Inc. director Noel R. Holland reported routine equity compensation activity and updated holdings. On June 12, 2026, 8.2329 shares of phantom common stock at $20.70 per share were credited to his account under a stock-based deferral plan, increasing this indirect position to 10,056.9187 stock unit interests.
He also reported indirect holdings of 2,952 shares as stock awards that vest on March 12, 2027, and 46,280 shares held through a SEP-IRA, plus 36,726 shares held directly. In addition, he holds fully vested stock options covering 83,294 shares of common stock at an exercise price of $15.60 per share, expiring on July 23, 2029.
Insider Trade Summary
Grant/Award: 8.2329 shares
Grant/Award
5 txns
Insider
Holland Noel R.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8.2329 | $20.70 | $170.42 |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 10,056.9187 shares (Indirect, By Stock-Based Deferral Plan);
Stock Options (right to buy) — 83,294 contracts (Direct);
Common Stock — 36,726 shares (Direct);
Common Stock — 46,280 shares (Indirect, By SEP-IRA);
Common Stock — 2,952 shares (Indirect, Stock Award V)
Footnotes (3)
- F1. 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.
- F2. Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan which vest in one year on March 12, 2027.
- F3. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
Key Figures
Phantom stock units acquired: 8.2329 units at $20.70
Total deferral plan units: 10,056.9187 units
Stock awards holdings: 2,952 shares
+3 more
6 metrics
Phantom stock units acquired
8.2329 units at $20.70
Credited under Columbia Bank Stock Based Deferral Plan on June 12, 2026
Total deferral plan units
10,056.9187 units
Stock unit interests after June 12, 2026 deferral plan credit
Stock awards holdings
2,952 shares
Stock Awards vesting March 12, 2027 under 2019 Equity Incentive Plan
SEP-IRA holdings
46,280 shares
Indirect ownership through SEP-IRA as of June 12, 2026
Direct common stock holdings
36,726 shares
Direct ownership of Columbia Financial common stock
Stock options position
83,294 options at $15.60
Fully vested options, expire July 23, 2029, on Columbia Financial common stock
Key Terms
phantom stock, rabbi trust, Stock Based Deferral Plan, 2019 Equity Incentive Plan, +1 more
5 terms
phantom stock financial
"Represents phantom stock purchased, on a non-discretionary basis, by the trustee of the Bank's rabbi trust..."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
rabbi trust financial
"by the trustee of the Bank's rabbi trust maintained in connection with the Columbia Bank Stock Based Deferral Plan..."
A rabbi trust is a special account a company sets up to hold promised future pay for executives, like bonus or retirement money, so those employees can see there are funds earmarked for them. It matters to investors because it signals the company’s commitment to keep key people, but the money is still part of the company’s assets and can be claimed by creditors if the company goes bankrupt—think of it as a labeled jar that isn’t completely off-limits.
Stock Based Deferral Plan financial
"maintained in connection with the Columbia Bank Stock Based Deferral Plan, a non-qualified stock-based deferral plan."
2019 Equity Incentive Plan financial
"Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan which vest in one year..."
Stock Options (right to buy) financial
"Stock Options (right to buy) granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested..."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Columbia Financial (CLBK) director Noel R. Holland report in this Form 4?
Director Noel R. Holland reported routine equity compensation and updated share holdings. He received 8.2329 phantom stock units under a stock-based deferral plan and confirmed various direct, SEP-IRA, stock award, and stock option positions in Columbia Financial common stock.
How many phantom stock units did Noel R. Holland acquire in Columbia Financial (CLBK)?
He acquired 8.2329 phantom stock units at a reference price of $20.70 per unit. These were credited under a non-qualified stock-based deferral plan, bringing his total stock unit interests in that plan to 10,056.9187 units held indirectly through the associated rabbi trust.
What are Noel R. Holland’s current Columbia Financial (CLBK) stock option holdings?
He holds fully vested stock options covering 83,294 shares of Columbia Financial common stock. These options have an exercise price of $15.60 per share and expire on July 23, 2029, reflecting a significant remaining derivative position separate from his stock and phantom unit holdings.
What indirect Columbia Financial (CLBK) holdings does Noel R. Holland report?
He reports 10,056.9187 phantom stock units in a stock-based deferral plan, 2,952 shares as stock awards that vest on March 12, 2027, and 46,280 shares held via a SEP-IRA. These positions are in addition to his directly held common stock and stock options.
Is Noel R. Holland’s Form 4 for Columbia Financial (CLBK) a buy or sell signal?
The Form 4 reflects an equity grant, not an open-market trade. It shows 8.2329 phantom stock units credited as compensation, plus updated holdings. There are no reported open-market purchases or sales, so it mainly documents routine, non-market compensation-related activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates