TrustCo (TRST) director reports 510 cash-settled RSUs on Form 4
TrustCo Bank Corp NY (TRST) director reported a new equity-linked compensation grant.
Rhea-AI Filing Summary
TrustCo Bank Corp NY (TRST) director reported a new equity-linked compensation grant. On 11/18/2025, the reporting person acquired 510 restricted stock units in a single transaction reported in the derivative securities table.
Each restricted stock unit represents a right to receive a cash payment equal to the fair market value of one share of TrustCo common stock on the vesting date. These restricted stock units vest in full on November 18, 2026, and settlement will be made in cash only. Following this grant, the filing shows 510 derivative securities beneficially owned with direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RESTRICTED STOCK UNIT | 510 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. The restricted stock units "vest" in whole on November 18, 2026. Settlement of the restricted stock units will be made in cash only.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TrustCo Bank Corp NY (TRST) report on this Form 4?
How many restricted stock units were granted in the latest TRST Form 4 filing?
When do the TRST restricted stock units reported on this Form 4 vest?
How will the TRST restricted stock units reported on this Form 4 be settled?
What does each TRST restricted stock unit represent in this Form 4?
What is the reporting person’s relationship to TrustCo Bank Corp NY in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.