Columbia Financial EVP granted options, phantom units
Columbia Financial, Inc. executive Mayra Liseth Rinaldi, EVP of Corporate Governance & Culture, reported new equity-based awards.
Rhea-AI Filing Summary
Columbia Financial, Inc. executive Mayra Liseth Rinaldi, EVP of Corporate Governance & Culture, reported new equity-based awards. She received a grant of 12,121 stock options on March 2, 2026 under the 2019 Equity Incentive Plan, vesting in three approximately equal annual installments starting on March 2, 2027.
Rinaldi also acquired 4,756 phantom stock units on March 2, 2026 under the 2026 Phantom Stock Plan, each economically equivalent to one share of CLBK common stock and payable in cash based on the closing stock price at settlement. The filing additionally updates her existing option and common stock holdings across direct accounts, retirement plans, stock award programs, and family-related accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 16,877 shares
Grant/Award
16 txns
Insider
Rinaldi Mayra Liseth
Role
EVP, Corp Governance & Culture
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (right to buy) | 12,121 | $0.00 | $0.00 |
| Grant/Award | Phantom Stock Unit | 4,756 | $0.00 | $0.00 |
| 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 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 85,061 contracts for 72,940 underlying shares (Direct);
Phantom Stock Unit — 4,756 contracts (Indirect, Deferred Stock Unit Plan);
Common Stock — 18,160 shares (Direct);
Common Stock — 7,249 shares (Indirect, By 401(k));
Common Stock — 6,686 shares (Indirect, By ESOP);
Common Stock — 68 shares (Indirect, By SERP);
Common Stock — 200 shares (Indirect, By UTMA Custodian for Daughter);
Common Stock — 40 shares (Indirect, By UTMA Custodian for God Daughter);
Common Stock — 1,624 shares (Indirect, By Spouse - IRA);
Common Stock — 8,614 shares (Indirect, By Stock Award II);
Common Stock — 6,537 shares (Indirect, By Stock Award III);
Common Stock — 6,474 shares (Indirect, By Stock Award IV)
Footnotes (10)
- F1. 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.
- 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 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.
- F3. 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.
- F4. 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.
- F5. One phantom stock unit is the economic equivalent of one share of CLBK Common Stock. Phantom stock units were granted under the Columbia Financial, Inc. 2026 Phantom Stock Plan and will be settled in cash upon distribution.
- F6. On the settlement date, phantom stock units will be payable in cash. The cash value will be calculated, in accordance with the Columbia Financial, Inc. 2026 Phantom Stock Plan, based on the closing stock price of the Company's Common Stock on the determination date.
- F7. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
- F8. 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.
- F9. 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.
- F10. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Columbia Financial (CLBK) report in Mayra Rinaldi’s latest Form 4?
Columbia Financial reported new equity awards for EVP Mayra Liseth Rinaldi. She received 12,121 stock options and 4,756 phantom stock units on March 2, 2026, plus updated disclosures of her existing option and common stock holdings across various direct, retirement, stock award, and family-related accounts.
How many Columbia Financial (CLBK) stock options did Mayra Rinaldi receive?
Mayra Rinaldi received a grant of 12,121 stock options. These options were issued under the Columbia Financial, Inc. 2019 Equity Incentive Plan and vest in three approximately equal annual installments beginning March 2, 2027, providing staggered long-term incentive alignment with the company’s future performance.
What are the phantom stock units granted to the Columbia Financial (CLBK) EVP?
Rinaldi was granted 4,756 phantom stock units, each economically equivalent to one CLBK share. The units were issued under the 2026 Phantom Stock Plan and will be settled in cash, with value based on the closing stock price on the plan’s specified determination date at settlement.
How do Mayra Rinaldi’s Columbia Financial (CLBK) phantom stock units pay out?
The phantom stock units will be paid in cash on the settlement date. Cash value is calculated under the 2026 Phantom Stock Plan using the closing price of Columbia Financial common stock on the determination date, linking payout directly to the company’s market share price at that time.
How do Rinaldi’s Columbia Financial (CLBK) stock options vest over time?
The newly granted stock options vest in three approximately equal annual installments. Vesting begins March 2, 2027, under the 2019 Equity Incentive Plan, creating a multi-year schedule that encourages continued service and alignment of the executive’s incentives with long-term shareholder and company performance.
What other Columbia Financial (CLBK) holdings are disclosed for Mayra Rinaldi?
The Form 4 lists multiple existing holdings for Rinaldi, including various tranches of stock options and common stock. These are held directly and indirectly through a 401(k), ESOP, SERP, UTMA custodial accounts, a spouse’s IRA, and several stock award programs with separate balances.
AI-generated analysis. How Rhea-AI works. Not financial advice.
