CLBK CRO John Klimowich bought 35,000 shares for $350,000.00 at $10.00; stock down -57.6% from 52-week high; 10 other insiders also bought within 14 days.
John Klimowich, SEVP & Chief Risk Officer, executed 2 separate purchases totaling 35,000 shares for $350,000.00 at $10.00 per share on 2026-07-20, increasing his holdings by 107.1% to 67.7K shares post-transaction. This transaction occurs in a backdrop of significant stock price deterioration: the current price of $10.94 represents a -57.6% decline from the 52-week high of $25.83, and the stock has fallen -44.7% over the prior 30 days and -39.7% over 90 days. Notably, 10 other insiders also bought within the past 14 days, forming a cluster buy pattern that suggests coordinated or synchronized response to market conditions. The combination of a senior risk officer purchasing substantial shares in concert with peer insider buying activity warrants attention to whether this reflects management's assessment of valuation relative to recent price action.