CFO Thomas Splaine Jr buys $500,000 of Columbia Financial, Inc./MD/ (CLBK)
Thomas Splaine Jr, chief financial officer, bought $500,000 of stock. WallStPal Score 64.
Thomas Splaine Jr, chief financial officer of Columbia Financial, Inc./MD/, bought 50,000 shares on the open market on July 20, 2026 at an average of $10.00 a share, for a total of $500,000. The purchase was reported to the SEC on Form 4 on July 22, 2026.
It raised their holding by 5801%, to 50,862 shares.
Columbia Financial, Inc./MD/ stock was up 28.9% over the 13 weeks before the purchase.
15 other insiders also bought at least $10,000 of CLBK within 30 days, which makes this a cluster buy.
In the 12 months up to this filing, Columbia Financial, Inc./MD/ insiders reported 22 open-market purchases and 0 sales.
WallStPal Score: 64 out of 100, because of raised their holding by 5801%; a large purchase; 15 other insiders also bought; bought by a top executive.
It is too soon to say how the stock did afterward. This page will update as prices come in.
Source: SEC Form 4 filing ↗. This story was written automatically from the filing and weekly price data. Information, not investment advice.
Examples
Big insider purchases have made news before. In January 2016, with bank stocks falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares, about $26 million of his own money, and the purchase was widely reported as a sign of confidence.
Explain it like I'm 13
Thomas Splaine Jr helps run Columbia Financial, Inc./MD/. Spending $500,000 of their own money on the company's stock is like a coach buying a big stack of tickets to their own team's games: it suggests they think the team will do well. It is not a promise, and insiders can be wrong.
More: all CLBK insider trades · Thomas Splaine Jr's track record