CFO Thomas Jr Splaine bought 50,000 shares (50.0K) of CLBK at $10.00; 12 other insiders also bought within 14 days amid -57.6% decline from 52-week high.
Thomas Jr Splaine, EVP and CFO of Columbia Financial, Inc./MD/, purchased 50,000 shares at $10.00 on 2026-07-20, increasing his holdings from 862 shares to 50,862 shares. This transaction occurs within a documented cluster pattern: 12 other insiders bought within the past 14 days. The purchase price of $10.00 sits near the low end of the 52-week range ($10.70–$25.83), with the stock currently trading -57.6% from its 52-week high and -44.7% over the past 30 days. The concentrated buying by multiple executives at depressed price levels, combined with the CFO's substantial acquisition of a half-million dollars in stock, suggests insider assessment of value at current levels, though the recent sharp decline warrants attention to underlying business conditions that may have triggered the selloff.