John Klimowich, Columbia Financial, Inc.'s EVP & Chief Risk Officer, recently acquired 29 shares of the company. The buys took place at $20.34 per share, on July 29, 2022. Klimowich now owns 97,203 shares of the company. Klimowich 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.
This form reflects increases in beneficial ownership resulting from exempt acquisitions p ursuant to rule 16b-3(c).
Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in five equal annual installments commencing on July 23, 2020.
Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest in five equal annual installments commencing on July 23, 2020.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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