TRST director reports 550 RSUs cash-settled in Form 4 filing

TrustCo Bank Corp NY director reports cash-settled equity award activity.

Rhea-AI Filing Summary

TrustCo Bank Corp NY director reports cash-settled equity award activity. A director of TRST reported the vesting and cash settlement of 550 restricted stock units granted on November 19, 2024, which "vested" on November 19, 2025 and were settled in cash based on the value of one share of common stock on the settlement date. The Form 4 shows a corresponding movement of 550 shares of common stock, with a transaction coded as an exercise at $0 and a disposition of 550 shares at $39.70, leaving the director with 4,700 shares of common stock held directly and no restricted stock units remaining.

Insider Trade Summary

550 shares exercised/converted

Exercise 3 txns

Insider Russell Kimberly Adams

Role Director

Type	Security	Shares	Price	Value
Exercise	RESTRICTED STOCK UNIT	550	$0.00	$0.00
Exercise	COMMON STOCK	550	$0.00	$0.00
Disposition	COMMON STOCK	550	$39.70	$22K

Holdings After Transaction: RESTRICTED STOCK UNIT — 0 contracts (Direct); COMMON STOCK — 4,700 shares (Direct)

Footnotes (3)

1. F1. Reflects cash settlement of restricted stock units that settled only for cash.
2. F2. Each restricted stock unit represents a contingent right to receive a payment in cash equal to the value of one share of Issuer Common Stock on the settlement date.
3. F3. The restricted stock units awarded November 19, 2024 "vested" on November 19, 2025 and were settled in cash.

FAQ

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What insider transaction did TRST report on this Form 4?

The Form 4 reports a TrustCo Bank Corp NY (TRST) director’s equity award activity involving 550 restricted stock units that vested and were settled in cash on November 19, 2025, with corresponding movements in 550 shares of common stock.

How many TRST restricted stock units vested and were settled?

A total of 550 restricted stock units in TrustCo Bank Corp NY vested on November 19, 2025 and were settled in cash equal to the value of one share of TRST common stock per unit on the settlement date.

What does each TRST restricted stock unit represent in this filing?

Each restricted stock unit represents a contingent right to receive a cash payment equal to the value of one share of TrustCo Bank Corp NY common stock on the settlement date.

What stock transactions are shown for TRST common shares?

The filing lists an M-code transaction for 550 shares of TRST common stock at $0 and a D-code transaction disposing of 550 shares at $39.70 on November 19, 2025.

How many TRST shares does the reporting person own after this transaction?

After the reported transactions, the director beneficially owns 4,700 shares of TrustCo Bank Corp NY common stock, held directly.

Does the reporting person still hold any TRST restricted stock units?

No. Following the November 19, 2025 vesting and cash settlement of 550 restricted stock units, the number of TrustCo Bank Corp NY restricted stock units beneficially owned is reported as 0.

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Accepted by SEC EDGAR 11/21/2025 - 03:05 PM Learn about SEC filing dates

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)
11/19/2025

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
COMMON STOCK	11/19/2025		M		550	A(1)(3)	$0(2)	5,250	D
COMMON STOCK	11/19/2025		D		550	D(1)(3)	$39.7	4,700	D

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	$0(2)	11/19/2025		M			550	(3)	(3)	COMMON STOCK	550	$0	0	D

Explanation of Responses:

1. Reflects cash settlement of restricted stock units that settled only for cash.

2. Each restricted stock unit represents a contingent right to receive a payment in cash equal to the value of one share of Issuer Common Stock on the settlement date.

3. The restricted stock units awarded November 19, 2024 "vested" on November 19, 2025 and were settled in cash.

	/S/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY	11/21/2025
	** 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.