TRST Form 4 shows director grant of 510 cash-linked RSUs

Rhea-AI Filing Summary

TrustCo Bank Corp NY (TRST) reported a compensation-related transaction for a board member. On 11/18/2025, the director received 510 restricted stock units that are linked to the value of the company’s common stock.

The units will vest in full on November 18, 2026. Instead of delivering shares, the company will settle these awards in cash equal to the fair market value of 510 shares on the vesting date. This means the award tracks the stock price but is paid out in cash rather than adding new shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Russell Kimberly Adams

Role Director

Type	Security	Shares	Price	Value
Grant/Award	RESTRICTED STOCK UNIT	510	$0.00	--

Holdings After Transaction: RESTRICTED STOCK UNIT — 510 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive a payment in cash equal to the fair market value of a share of issued common stock, as determined on the date of vesting of the restricted stock unit. The restricted stock units "vest" in whole on November 18, 2026. Settlement of the restricted stock units will be made in cash only.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Russell Kimberly Adams

(Last) (First) (Middle)

C/O TRUSTCO BANK CORP NY

5 SARNOWSKI DRIVE

(Street)

GLENVILLE NY 12302

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TRUSTCO BANK CORP N Y [ TRST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
RESTRICTED STOCK UNIT	(1)	11/18/2025		A		510		(2)	(2)	COMMON STOCK	510	$0	510	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive a payment in cash equal to the fair market value of a share of issued common stock, as determined on the date of vesting of the restricted stock unit.

2. The restricted stock units "vest" in whole on November 18, 2026. Settlement of the restricted stock units will be made in cash only.

	/S/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY	11/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did TrustCo Bank Corp NY (TRST) report?

TrustCo Bank Corp NY reported that a director received 510 restricted stock units on 11/18/2025 as part of their compensation.

How are the TRST restricted stock units from this Form 4 settled?

Each restricted stock unit will be settled in cash only, equal to the fair market value of one share of TrustCo Bank Corp NY common stock on the vesting date.

When do the reported TRST restricted stock units vest?

The 510 restricted stock units vest in whole on November 18, 2026, at which time the cash payment will be determined.

Does this TRST Form 4 indicate stock or cash compensation?

The award is structured as restricted stock units, but settlement will be made in cash only based on the value of TrustCo Bank Corp NY common stock.

What is the reporting person’s relationship to TrustCo Bank Corp NY (TRST)?

The reporting person is identified as a director of TrustCo Bank Corp NY on this Form 4.

Is this TRST Form 4 filed by more than one reporting person?

No. The filing indicates that the Form 4 is filed by one reporting person only.