Columbia Financial EVP Mayra Rinaldi buys $103,370 of CLBK stock By Investing.com

Mayra Liseth Rinaldi, Executive Vice President of Corporate Governance & Culture at Columbia Financial, Inc. (), acquired 10,337 shares of the company’s common stock on July 20, 2026. The total value of these purchases amounted to $103,370, with all shares acquired at a price of $10.00 per share.

The transactions involved several indirect holdings. Rinaldi purchased 1,157 shares through her 401(k) account, 9,000 shares through her spouse’s IRA, 100 shares via a UTMA Custodian for her daughter, 50 shares via a UTMA Custodian for her son, and 30 shares via a UTMA Custodian for her goddaughter.

Following these transactions, Rinaldi’s beneficial ownership of common stock includes 44,371 shares held directly. Additionally, she holds shares indirectly through various accounts: 17,104 shares in her 401(k), 12,572 shares in her spouse’s IRA, 540 shares via a UTMA Custodian for her daughter, 50 shares via a UTMA Custodian for her son, and 118 shares via a UTMA Custodian for her goddaughter. Other indirect holdings include 17,047 shares through an ESOP, 149 shares through a SERP, 13,075 shares from Stock Award III, and 14,242 shares from Stock Award IV. Columbia Financial, with a market capitalization of $6.49 billion, trades at a P/E ratio of 20.05. According to an InvestingPro tip, net income is expected to grow this year, and analysts predict the company will be profitable. Want deeper insights? InvestingPro offers 11 additional tips for CLBK, plus exclusive Fair Value analysis and financial health scores. The Stock Award III shares, granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan, vest 25% in three approximately equal annual installments starting March 6, 2025, with the remaining 75% vesting upon achievement of performance criteria three years after the award date. Stock Award IV shares, also from the 2019 Equity Incentive Plan, vest upon achievement of performance criteria three years after the award date on March 3, 2028.

Rinaldi also holds several derivative securities. These include stock options to buy 108,706 shares at an exercise price of $7.10, and 16,541 shares at $7.25, both of which are fully vested and exercisable. Additional stock options include 10,546 shares at $7.50 (vesting in three equal annual installments starting March 6, 2025), 24,673 shares at $7.38 (vesting in three equal annual installments starting March 3, 2026), and 26,666 shares at $8.31 (vesting in three equal annual installments starting March 2, 2027). All stock options were granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan.

Furthermore, Rinaldi holds 10,463 phantom stock units under the Columbia Financial, Inc. 2026 Phantom Stock Plan. Each unit is the economic equivalent of one share of CLBK common stock and will be settled in cash upon distribution, with the cash value based on the closing stock price on the determination date.

In other recent news, Columbia Financial, Inc. has completed its conversion from a mutual holding company structure and successfully merged with Northfield Bancorp, Inc. This transition means Columbia Bank is now fully owned by public stockholders, with Northfield Bank integrated into Columbia Bank. Additionally, Columbia Financial has entered into an agreement with Keefe, Bruyette & Woods, Inc. to manage the sale of its common stock through subscription and community offerings. Under this agreement, KBW will receive a fee for shares sold, except those purchased by Columbia Financial’s internal stakeholders. Furthermore, the Federal Reserve Board has approved Columbia Financial’s applications for conversion and acquisition, allowing the company to become a savings and loan holding company. In personnel news, Columbia Financial has appointed Thomas Splaine, Jr. as the principal financial officer and principal accounting officer for SEC reporting. Splaine has been serving as Executive Vice President and Chief Financial Officer since January. These developments mark significant changes and expansions for Columbia Financial in recent times.

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