Jim H. Wainwright, Columbia Financial director, buys $100,000 in stock

Jim H. Wainwright, a director at Columbia Financial, Inc. (), recently purchased shares worth $100,000 in the company. The transaction occurred on July 20, 2026.

Mr. Wainwright acquired 10,000 shares of common stock at a price of $10.0 per share. The purchase comes as the stock has surged 63% over the past year, currently trading at $10.94. According to InvestingPro analysis, the stock appears overvalued at current levels, with a Fair Value estimate of $7.82.

Following this transaction, Mr. Wainwright directly holds 17,055 shares of Columbia Financial common stock. He also holds indirect beneficial ownership of 4,389 shares through an Employee Stock Ownership Plan (ESOP) and 6,494 shares through stock awards. These stock awards were granted under the Columbia Financial, Inc. 2019 Equity Incentive Plan and are scheduled to vest in one year on March 12, 2027.

In other recent news, Columbia Financial, Inc. has completed its conversion from a mutual holding company structure and finalized its merger with Northfield Bancorp, Inc. This development means Columbia Bank is now fully owned by Columbia Financial, which is entirely owned by public stockholders. The Federal Reserve Board approved these applications, allowing Columbia Financial to become a savings and loan holding company and acquire Northfield Bancorp, leading to Northfield Bank being merged into Columbia Bank. Additionally, Columbia Financial has entered into an agreement with Keefe, Bruyette & Woods, Inc. (KBW) to manage a stock offering, with KBW acting as the lead-left book running manager for any firm commitment underwritten offering. KBW will receive a fee for shares sold, except those purchased by Columbia Financial’s insiders and related parties. In another significant development, Thomas Splaine, Jr. has been appointed as the principal financial officer and principal accounting officer for SEC reporting matters. Splaine was previously appointed as Executive Vice President and Chief Financial Officer earlier this year. These recent developments reflect Columbia Financial’s strategic moves and leadership appointments.