CLBK director updates holdings with phantom stock and awards

Rhea-AI Filing Summary

Columbia Financial, Inc. (CLBK) director Form 4 shows additional indirect stock-based holdings. On 11/14/2025, the reporting person acquired 158.6707 phantom stock units at $15.06 per unit through the Columbia Bank Stock Based Deferral Plan, increasing indirect holdings in that plan to 7,532.1267 stock unit interests. The director also reports 11,664 shares of common stock held directly and 3,207 shares held indirectly as stock awards granted under the 2019 Equity Incentive Plan, which are scheduled to vest on March 11, 2026.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Sorrentini Lucy

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	158.671	$15.06	$2K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 7,532.127 shares (Indirect, By Stock-Based Deferral Plan); Common Stock — 11,664 shares (Direct)

Footnotes (1)

1. 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. Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan which vest in one year on March 11, 2026.

Form 4 Insider Transactions: What Each Field Means →

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^*

Sorrentini Lucy

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025

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	11/14/2025		A		158.6707(1)	A	$15.06	7,532.1267	I	By Stock-Based Deferral Plan
Common Stock								11,664	D
Common Stock								3,207	I	By Stock Award V(2)

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

Explanation of Responses:

1. 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.

2. Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan which vest in one year on March 11, 2026.

Remarks:

	/s/ Dennis E. Gibney, Power of Attorney	11/18/2025
	** 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 the Columbia Financial (CLBK) director report on this Form 4?

The director reported acquiring 158.6707 phantom stock units on 11/14/2025 at $15.06 per unit through the Columbia Bank Stock Based Deferral Plan, along with updated direct and indirect common stock holdings.

How many Columbia Financial (CLBK) phantom stock units does the director now hold?

After the 11/14/2025 transaction, the director indirectly holds 7,532.1267 stock unit interests in Columbia Financial, Inc. through the Columbia Bank Stock Based Deferral Plan.

How many Columbia Financial (CLBK) common shares does the director own directly and indirectly?

The director reports 11,664 shares of Columbia Financial common stock held directly and 3,207 shares held indirectly as stock awards.

What is the Columbia Bank Stock Based Deferral Plan mentioned in the Form 4?

It is a non-qualified stock-based deferral plan under which phantom stock is purchased on a non-discretionary basis by a trustee, with stock unit interests to be settled in shares of Columbia Financial common stock upon distribution to the reporting person.

What are the Columbia Financial (CLBK) stock awards referenced in the filing?

The filing states that the stock awards were granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan and are scheduled to vest in one year on March 11, 2026.

Was this Columbia Financial (CLBK) transaction part of a Rule 10b5-1 plan?

The form includes a checkbox for transactions under a Rule 10b5-1(c) trading plan, but the content provided does not indicate that this box was marked for the reported transaction.