Columbia Financial, Inc. — Director's Dealing 2025

Apr 8, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Columbia Financial, Inc. (CLBK)
CIK: 0001723596
Period of Report: 2025-04-04

Reporting Person: Jennings William Justin (EVP, Operations Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-04-04	Common Stock	A	55.8867	$13.42	Acquired	2656.5361	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11754	Direct
Common Stock	3116	Indirect
Common Stock	608	Indirect
Common Stock	7795	Indirect
Common Stock	7533	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (right to buy)	$21.79	2032-03-21	Common Stock (41475)	41475	Direct
Stock Options (right to buy)	$16.49	2034-03-06	Common Stock (5715)	5715	Direct
Stock Options (right to buy)	$16.23	2035-03-03	Common Stock (13051)	13051	Direct

Footnotes

F1: 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.

F2: Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, 25% of which vest in three approximately equal annual installments commencing on March 6, 2025; and the remaining 75% of which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award.

F3: Stock Awards granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive plan, which vest upon achievement of certain specified performance-based vesting criteria, which if achieved, such Awards would vest three years after the date of the Award on March 3, 2028.

F4: Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan are fully vested and exercisable.

F5: Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 6, 2025.

F6: Stock Options granted pursuant to the Columbia Financial, Inc. 2019 Equity Incentive Plan vest in three approximately equal annual installments commencing on March 3, 2026.