Glunk Robert J buys Muncy Columbia Financial (CCFN) shares

Published 06/08/2025, 13:56
Glunk Robert J buys Muncy Columbia Financial (CCFN) shares

Director Glunk Robert J of Muncy Columbia Financial (NASDAQ:CLBK) Corp (NASDAQ:CCFN) acquired 233 shares of common stock on August 5, 2025, in a purchase transaction. The shares were bought at a price of $50.4077, totaling approximately $11744. The purchase comes as the stock trades near its 52-week high of $50, having delivered an impressive 53.36% return over the past year. According to InvestingPro analysis, the stock appears slightly overvalued at current levels.

Following the transaction, Glunk directly owns 26974.738 shares of Muncy Columbia Financial Corp. He also indirectly holds shares as custodian. The $176.75M market cap company trades at an attractive P/E ratio of 8.7 and offers a 3.6% dividend yield, having maintained dividend payments for 31 consecutive years. InvestingPro subscribers can access additional insights and metrics about CCFN’s financial health and valuation.

In other recent news, Muncy Columbia Financial Corp. has made amendments to retirement and compensation agreements for two senior executives at its subsidiary, Journey Bank. The company filed a statement with the SEC detailing these changes, which involve Lance O. Diehl, President and CEO, and Jeffrey T. Arnold, Executive Vice President and Treasurer. Notably, the Second Amendment to Mr. Diehl’s 2022 Supplemental Executive Retirement Plan now includes a provision for a death benefit equal to his accrued benefit at the time of death, currently valued at $419,592. Additionally, Muncy Columbia Financial Corp. has shared a letter with its shareholders, as disclosed in a recent SEC filing. This communication was made available on May 28, 2025, and is part of the Form 8-K report. The letter’s contents, however, are not filed under certain sections of the Securities Exchange Act of 1934. These developments highlight Muncy Columbia Financial’s ongoing corporate activities.

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