Columbia Financial (CLBK) exec reports 428-share tax withholding event
Rhea-AI Filing Summary
Columbia Financial, Inc. executive Allyson Katz Schlesinger, SEVP & Head of Consumer Banking, reported a routine tax-withholding disposition of 428 shares of common stock at $18.06 per share on March 6, 2026. These shares were delivered to cover tax obligations, not sold in the open market. After this transaction, she directly holds 65,005 common shares and also has multiple stock option awards, including options covering 155,294 shares at an exercise price of $15.60 expiring in 2029, plus additional options with later expirations. She also reports indirect holdings through various stock-based plans and stock awards, indicating a substantial remaining equity stake in the company.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding with substantial equity stake retained.
The filing shows 428 shares of Columbia Financial, Inc. common stock delivered at $18.06 per share to satisfy tax liabilities. Code F transactions are mechanical and do not represent an open-market sale or discretionary reduction of exposure.
Following this event, Allyson Katz Schlesinger directly holds 65,005 shares and retains significant vested and vesting stock options, including grants over 155,294 shares at $15.60 per share expiring in 2029, plus later-dated tranches. Indirect holdings in ESOP, SERP and stock award programs further increase her total exposure.
Because this is a single, small tax-withholding disposition with no open-market trades and sizeable remaining positions across options and stock awards, it reads as a routine compensation-related event rather than a directional signal about the company’s prospects.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 428 | $18.06 | $8K |
| 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 | -- | -- | -- |
Footnotes (1)
- The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested. 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. 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. 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. 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. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable. 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. 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. 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. 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.
