Columbia Financial (CLBK) SEVP buys 15,000 shares in open-market trade
Rhea-AI Filing Summary
Columbia Financial, Inc. executive Lewis Oliver Edward Jr, SEVP & Head Commercial Banking, reported open-market purchases of 15,000 shares of common stock on 2026-07-20 at $10.00 per share, split between 500 directly held shares and 14,500 acquired through a 401(k). After these trades, he reports 65,296 directly held shares plus additional indirect holdings in benefit and award plans, and maintains several option grants under the 2019 Equity Incentive Plan with exercise prices between $7.25 and $8.31. The Rule 10b5-1 checkbox is not marked, indicating these purchases were not made pursuant to an affirmed trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,000 shares
Net Buy
15 txns
Insider
Lewis Oliver Edward Jr
Role
SEVP & Head Commercial Banking
Bought
15,000 shs ($150K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $10.00 | $5K |
| Purchase | Common Stock | 14,500 | $10.00 | $145K |
| holding | Stock Options (right to buy) F4 | -- | -- | -- |
| holding | Stock Options (right to buy) F4 | -- | -- | -- |
| holding | Stock Options (right to buy) F4 | -- | -- | -- |
| holding | Stock Options (right to buy) F5 | -- | -- | -- |
| holding | Stock Options (right to buy) F6 | -- | -- | -- |
| holding | Stock Options (right to buy) F7 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 65,296 shares (Direct);
Common Stock — 14,500 shares (Indirect, By 401(k));
Stock Options (right to buy) — 295,559 shares (Direct);
Common Stock — 10,791 shares (Indirect, By Stock-Based Deferral Plan);
Common Stock — 16,700 shares (Indirect, By ESOP);
Common Stock — 1,498 shares (Indirect, By SIM);
Common Stock — 7,510 shares (Indirect, By SERP);
Common Stock — 23,231 shares (Indirect, By Stock Award IV);
Common Stock — 24,860 shares (Indirect, By Stock Award V);
Common Stock — 25,898 shares (Indirect, By Stock Award VI)
Footnotes (7)
- 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 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.
- F2. 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.
- 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 2, 2029.
- F4. Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.
- F5. 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.
- F6. 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.
- F7. 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.
Key Figures
Direct purchase shares: 500 shares
401(k) purchase shares: 14,500 shares
Purchase price: $10.00 per share
+5 more
8 metrics
Direct purchase shares
500 shares
Common Stock purchased directly on 2026-07-20 at $10.00 per share
401(k) purchase shares
14,500 shares
Common Stock purchased via 401(k) on 2026-07-20 at $10.00 per share
Purchase price
$10.00 per share
Price for both reported Common Stock purchases on 2026-07-20
Direct common shares after trade
65,296 shares
Direct CLBK Common Stock holdings following the 500-share purchase
Indirect 401(k) holdings
14,500 shares
CLBK Common Stock held indirectly by 401(k) after the purchase
Largest option block
125,457 underlying shares
Stock Options with $8.1200 exercise price, expiring 2031-03-22
Lowest option exercise price
$7.25
Stock Options expiring 2033-05-01 on CLBK Common Stock
Highest option exercise price
$8.31
Stock Options expiring 2036-03-02 on CLBK Common Stock
Key Terms
Stock Options (right to buy), 2019 Equity Incentive Plan, ESOP, SERP, +1 more
5 terms
Stock Options (right to buy) financial
"security_title: Stock Options (right to buy) on CLBK Common Stock"
2019 Equity Incentive Plan financial
"Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan"
ESOP financial
"Common Stock held indirectly, nature of ownership: By ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
SERP financial
"Common Stock held indirectly, nature of ownership: By SERP"
A Supplemental Executive Retirement Plan (SERP) is a company-funded benefit that promises extra retirement pay to selected senior executives beyond regular pension or savings plans. Think of it as a bespoke top-up savings account the employer guarantees for key leaders; it matters to investors because SERPs create future financial obligations, influence executive retention and pay incentives, and can signal how a company prioritizes management costs versus shareholder returns.
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is not marked for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did CLBK executive Lewis Oliver Edward Jr report?
Lewis Oliver Edward Jr reported purchases of 15,000 CLBK common shares on 2026-07-20 at $10.00 per share, including 500 directly held shares and 14,500 acquired through a 401(k) account.
AI-generated analysis. How Rhea-AI works. Not financial advice.
