Columbia Financial Files 8-K with Bylaw Amendments
Ticker: CLBK · Form: 8-K · Filed: May 23, 2024 · CIK: 1723596
Sentiment: neutral
Topics: corporate-governance, filing, bylaws
Related Tickers: CLBK
TL;DR
CLBK filed an 8-K for bylaw changes and exhibits. Keep an eye on governance shifts.
AI Summary
Columbia Financial, Inc. filed an 8-K on May 23, 2024, reporting events as of May 18, 2024. The filing primarily concerns amendments to its Articles of Incorporation or Bylaws and includes financial statements and exhibits. The company is a federally chartered savings institution incorporated in Delaware.
Why It Matters
This filing indicates potential changes in Columbia Financial's corporate governance or operational structure, which could impact its strategic direction and shareholder rights.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate actions and financial information, not indicating immediate financial distress or significant operational risk.
Key Players & Entities
- Columbia Financial, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- May 18, 2024 (date) — Date of Earliest Event Reported
- May 23, 2024 (date) — Filing Date
FAQ
What specific amendments were made to Columbia Financial's Articles of Incorporation or Bylaws?
The filing indicates that amendments were made, but the specific details of these amendments are not provided in the provided text excerpt. The full filing would contain this information.
What is the primary business of Columbia Financial, Inc.?
Columbia Financial, Inc. is a federally chartered savings institution.
In which state is Columbia Financial, Inc. incorporated?
Columbia Financial, Inc. is incorporated in Delaware.
What is the SEC file number for this filing?
The SEC file number for this filing is 001-38456.
What is the principal executive office address for Columbia Financial, Inc.?
The principal executive office is located at 19-01 Route 208 North, Fair Lawn, New Jersey 07410.
Filing Stats: 696 words · 3 min read · ~2 pages · Grade level 14.1 · Accepted 2024-05-23 16:09:22
Key Financial Figures
- $0.01 — ange on which registered Common stock, $0.01 par value per share CLBK The Nasdaq Sto
Filing Documents
- clbk-20240518.htm (8-K) — 27KB
- exhibit31.htm (EX-3.1) — 98KB
- 0001723596-24-000231.txt ( ) — 266KB
- clbk-20240518.xsd (EX-101.SCH) — 2KB
- clbk-20240518_lab.xml (EX-101.LAB) — 22KB
- clbk-20240518_pre.xml (EX-101.PRE) — 13KB
- clbk-20240518_htm.xml (XML) — 3KB
03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year . Effective May 18, 2024, the Board of Directors of Columbia Financial, Inc. (the "Company") approved amendments to the Company's Amended Bylaws (the "Bylaws") to update the Bylaws provision regarding the age limitation for directors and to make certain other administrative changes. Following the effectiveness of the amendments, Article II, Section 10 of the Bylaws now provides that (i) directors who are appointed to the Board of Directors after January 1, 2024, and who reach the age of 75 during their tenure on the Board of Directors, may continue to serve as directors until the annual meeting of the Company's stockholders following their attainment of age 75, at which time they must retire from the Board of Directors, and (ii) any director serving on the Board of Directors as of December 31, 2023, and who reaches the age of 76 during his or her tenure on the Board of Directors, may continue to serve until the annual meeting of the Company's stockholders following his or her attainment of the age of 76, at which time the director must retire from the Board of Directors. Previously, Article II, Section 10 of the Bylaws provided that a director must retire from the Board of Directors at the annual meeting of the Company's stockholders immediately following the year in which he or she attained the age of 76. Following the effectiveness of the amendments, Article II, Section 10 of the Bylaws continues to provide that a majority of disinterested members of the Board of Directors may exclude a person from such age limitation for a specified period of time and for a specified valid reason. The preceding description of the amendments to the Bylaws does not purport to be complete and is qualified in its entirety by reference to the Amended Bylaws, which are attached hereto as Exhibit 3.1 and incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 3.1 Amended Bylaws of Columbia Financial, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized. Date: May 23, 2024 /s/Dennis E. Gibney Dennis E. Gibney Executive Vice President and Chief Financial Officer 3