Columbia Financial, Inc. director just picked up 37 shares

Noel R. Holland, a director of Columbia Financial, Inc., recently acquired 37 shares of the company. The buys took place at $22.17 per share, on August 12, 2022. Holland now owns 93,043 shares of the company. Holland 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.
The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in five approximately equal annual installments commencing on July 23, 2020.
Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in five approximately 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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