Columbia Financial, Inc. director just picked up 287 shares

Lucy Sorrentini, a director of Columbia Financial, Inc., recently acquired 287 shares of the company. The buys took place at $19.65 per share, on May 06, 2022. Sorrentini now owns 7,630 shares of the company. Sorrentini operates out of Fair Lawn, NJ. Some additional info was provided as follows:


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 vest in thr ee approximately equal annual installments commencing on December 14, 2021.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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