Form 4: Columbia Financial Inc. Executive Reports Stock Transactions
SEC Form 4
Allyson Katz Schlesinger, SEVP & Head of Consumer Banking at Columbia Financial, Inc., reports acquisition of common stock and holdings in derivative securities.
Summary
- On May 16, 2025, Allyson Katz Schlesinger, SEVP & Head of Consumer Banking at Columbia Financial, Inc. [CLBK], reported transactions related to the company's stock.
- These transactions include the acquisition of 22.0145 shares of common stock at a price of $15.2, through a stock-based deferral plan.
- Schlesinger also holds directly 64,281 shares of common stock.
- Additionally, Schlesinger has indirect ownership through various plans such as ESOP (6,683 shares), SERP (6,459 shares), SIM (4,683 shares), Stock Award II (14,470 shares), Stock Award III (12,672 shares), and Stock Award IV (12,288 shares).
- The report also details Schlesinger's holdings in stock options with various exercise prices and expiration dates, granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 07/23/2020 | Date from which stock options with an exercise price of $15.6 are exercisable. |
| 05/01/2024 | Date from which stock options with an exercise price of $15.94 vest in annual installments. |
| 05/01/2024 | Date from which 25% of Stock Awards II vest in annual installments. |
| 03/06/2025 | Date from which stock options with an exercise price of $16.49 vest in annual installments. |
| 03/06/2025 | Date from which 25% of Stock Awards III vest in annual installments. |
| 03/03/2026 | Date from which stock options with an exercise price of $16.23 vest in annual installments. |
| 03/03/2028 | Date on which Stock Awards IV would vest if certain performance-based criteria are achieved. |
| 07/23/2029 | Expiration date for stock options with an exercise price of $15.6. |
| 05/01/2033 | Expiration date for stock options with an exercise price of $15.94. |
| 03/06/2034 | Expiration date for stock options with an exercise price of $16.49. |
| 03/03/2035 | Expiration date for stock options with an exercise price of $16.23. |
| 05/16/2025 | Date of the reported transactions. |
| 05/20/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Stock Options, Common Stock, Columbia Financial Inc., CLBK, Allyson Katz Schlesinger, Equity Incentive Plan
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