Senior EVP Dennis Gibney buys 44,500 shares ($445,000) at CLBK as stock down 57.6% from 52-week high; 2 other insiders also buying
Dennis E. Gibney, 1st Sr. EVP and Chief Business Officer, made three separate purchases totaling 44,500 shares for $445,000.00 at $10.00 per share on 2026-07-20. This occurred while the stock trades at $10.94 against a 52-week high of $25.83, representing a 57.6% decline from peak levels. A cluster pattern is present: 2 other insiders also bought within the past 14 days, suggesting coordinated capital deployment by multiple senior executives at depressed valuations. The scale of Gibney's accumulation and the multi-insider buying activity during a period of significant stock weakness warrant investor attention to understand the fundamental drivers behind the sell-off and whether management's buying reflects asymmetric risk/reward positioning.