Massood Michael Jr. 4

What Happened

• Massood Michael Jr., a director of Columbia Financial, Inc. (CLBK), received a grant of stock awards on March 12, 2026 under the Columbia Financial, Inc. 2019 Equity Incentive Plan. The Form 4 lists the reported acquisition as 0 shares at $17.43 per share (total $0). Footnote F1 states these awards vest in one year on March 12, 2027.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (appears outside the standard 2-business-day reporting window).
• Reported price: $17.43 per share; reported acquired shares: 0; reported total value: $0.
• Shares owned after the transaction: not specified in the provided summary.
• Relevant footnotes from the filing:
  • F1: Awards granted under the 2019 Equity Incentive Plan; vest on March 12, 2027.
  • F2: Direct holdings include certain shares that were previously Stock Awards and later vested.
  • F3: Stock options under the plan are fully vested and exercisable (no exercise reported here).

Context

• This was a grant/award (compensation), not an open‑market purchase or sale — such awards are usually time‑vesting and do not indicate an immediate cash transaction or sale of shares.
• Footnote F2 suggests some previously granted awards have since vested and been counted in direct holdings; F3 notes the insider holds vested options, though no option exercise was reported in this filing.
• The filing lag (filed March 16 for a March 12 transaction) is worth noting for investors tracking timely insider activity.