Columbia Financial (NASDAQ: CLBK) director purchases 25,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Columbia Financial, Inc./MD/ director Michael Massood Jr. reported purchasing 25,000 shares of Common Stock of CLBK on July 20, 2026 at $10.00 per share, in open-market or private transactions executed under a Rule 10b5-1 trading plan. The purchases were made indirectly through an IRA (10,000 shares, bringing that account to 57,044 shares) and a Roth IRA (15,000 shares, bringing that account to 93,063 shares). He also reports direct ownership of 94,613 Common shares, 6,494 indirectly held shares from Stock Awards under the 2019 Equity Incentive Plan that vest on March 12, 2027, and fully vested stock options on 183,246 shares at an exercise price of $7.10 expiring July 23, 2029.
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Insider Trade Summary 10b5-1
Net Buyer: 25,000 shares
Net Buy
5 txns
Insider
Massood Michael Jr.
Role
Director
Bought
25,000 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $10.00 | $100K |
| Purchase | Common Stock | 15,000 | $10.00 | $150K |
| holding | Stock Options (right to buy) F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 57,044 shares (Indirect, By IRA);
Common Stock — 93,063 shares (Indirect, By Roth IRA);
Stock Options (right to buy) — 183,246 shares (Direct);
Common Stock — 94,613 shares (Direct);
Common Stock — 6,494 shares (Indirect, By Stock Award V)
Footnotes (2)
- F1. Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan which vest in one year on March 12, 2027.
- F2. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
Key Figures
Common shares purchased: 25,000 shares
Purchase price per share: $10.00 per share
IRA holdings after transaction: 57,044 shares
+5 more
8 metrics
Common shares purchased
25,000 shares
Total CLBK Common Stock bought on July 20, 2026
Purchase price per share
$10.00 per share
Price for CLBK Common Stock purchases on July 20, 2026
IRA holdings after transaction
57,044 shares
Indirect CLBK Common Stock held "By IRA" after purchases
Roth IRA holdings after transaction
93,063 shares
Indirect CLBK Common Stock held "By Roth IRA" after purchases
Direct Common Stock holdings
94,613 shares
Directly owned CLBK Common Stock as of July 20, 2026
Stock Award holdings
6,494 shares
Indirect CLBK Common Stock held by Stock Award V vesting March 12, 2027
Option exercise price
$7.10 per share
Exercise price of fully vested stock options on CLBK Common Stock
Underlying shares for options
183,246 shares
CLBK Common shares underlying fully vested stock options expiring July 23, 2029
Key Terms
Rule 10b5-1 trading plan, Stock Options (right to buy), Equity Incentive Plan, Stock Awards, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"transactions were executed under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Stock Options (right to buy) financial
"security_title is Stock Options (right to buy) with exercise price"
Equity Incentive Plan financial
"Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Stock Awards financial
"Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan"
exercise price financial
"Stock Options have an exercise price of 7.1000 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did CLBK director Michael Massood Jr. report in this Form 4?
He reported buying 25,000 CLBK Common shares on July 20, 2026 at $10.00 per share, through IRA and Roth IRA accounts, under a Rule 10b5-1 trading plan, and updated his reported share and option holdings.
What CLBK stock options does Michael Massood Jr. report holding?
He reports fully vested stock options on 183,246 CLBK Common shares with an exercise price of $7.10 per share, granted under the 2019 Equity Incentive Plan, which are exercisable and expire on July 23, 2029.
What CLBK equity awards are scheduled to vest for Michael Massood Jr.?
He indirectly holds 6,494 CLBK Common shares as Stock Awards granted under the 2019 Equity Incentive Plan, identified as "By Stock Award V," which are disclosed to vest in one year on March 12, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
