Thomas Splaine Jr., EVP, CFO at Columbia Financial, Inc./MD/ (CLBK), bought 50,000 shares at $10.00 ($500K) on 2026-07-20, disclosed to the SEC on 2026-07-22.
Columbia Financial EVP and CFO Thomas Splaine Jr. purchased 50,000 shares for $500,000, marking the largest purchase of his career. This significant insider buying suggests the CFO has strong conviction in the bank's valuation relative to its recent performance.
The stock is currently trading 7.37% below its 52-week high of $18.87, having gained 18.91% over the past year despite recent consolidation.
The purchase marks the largest insider buy of the CFO's career, signaling confidence at a 7.37% discount to the 52-week high of $18.87.
Short interest is elevated at 16.66% of the float, and recent analysis suggests the stock's valuation may be stretched after a 23.1% six-month return.
Clearly above the average filing.