TrustCo Bank (TRST) EVP reports RSU vesting and tax share sale

Rhea-AI Filing Summary

TrustCo Bank Corp N Y (TRST) executive vice president and CBO reported routine equity compensation activity. On 11/21/2025, restricted stock units (RSUs) vested and settled into 1,107 shares of common stock, which were acquired at an exercise price of $0 under transaction code M.

To cover withholding taxes on the RSU vesting, 461 shares of common stock were disposed of at $41.54 under transaction code F, an exempt transaction under Rule 16b-3(e). Following these transactions, the officer beneficially owned 40,218 shares directly and 152 shares indirectly through family. The reporting person also continues to hold several RSU awards, including grants tied to 1,108, 2,200, and 3,057 underlying shares that vest in three equal annual installments beginning on specified November anniversaries. Additional shares are acquired through dividend reinvestment and an employee benefit plan.

Insider Trade Summary

1,107 shares exercised/converted

Mixed 6 txns

Insider CURLEY KEVIN M

Role EXECUTIVE VICE PRESIDENT & CBO

Type	Security	Shares	Price	Value
Exercise	RESTRICTED STOCK UNIT	1,107	$0.00	--
Exercise	COMMON STOCK	1,107	$0.00	--
Tax Withholding	COMMON STOCK	461	$41.54	$19K
holding	RESTRICTED STOCK UNIT	--	--	--
holding	RESTRICTED STOCK UNIT	--	--	--
holding	COMMON STOCK	--	--	--

Holdings After Transaction: RESTRICTED STOCK UNIT — 1,108 shares (Direct); COMMON STOCK — 40,679 shares (Direct); COMMON STOCK — 152 shares (Indirect, BY FAMILY)

Footnotes (1)

1. Represents the vesting and settlement of restricted stock units ("RSUs"), which convert into common stock of the Issuer on a one-for-one basis. In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's common stock were withheld by the Issuer for the payment of withholding taxes due upon the vesting of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting. The RSU's vest in three equal annual installments beginning on November 21, 2024, the first anniversary of the date of the grant. The RSU's vest in three equal annual installments beginning on November 19, 2025, the first anniversary of the date of the grant. The RSU's vest in three equal annual installments beginning on November 18, 2026, the first anniversary of the date of the grant.

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
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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^*

CURLEY KEVIN M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EXECUTIVE VICE PRESIDENT & CBO

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

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	11/21/2025		M(1)		1,107	A	$0	40,679	D
COMMON STOCK	11/21/2025		F(2)		461	D	$41.54	40,218	D
COMMON STOCK								152	I	BY FAMILY

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	(3)	11/21/2025		M(1)			1,107	(4)	(4)	COMMON STOCK	1,107	$0	1,108	D
RESTRICTED STOCK UNIT	(3)							(5)	(5)	COMMON STOCK	2,200		2,200	D
RESTRICTED STOCK UNIT	(3)							(6)	(6)	COMMON STOCK	3,057		3,057	D

Explanation of Responses:

1. Represents the vesting and settlement of restricted stock units ("RSUs"), which convert into common stock of the Issuer on a one-for-one basis.

2. In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's common stock were withheld by the Issuer for the payment of withholding taxes due upon the vesting of RSUs.

3. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.

4. The RSU's vest in three equal annual installments beginning on November 21, 2024, the first anniversary of the date of the grant.

5. The RSU's vest in three equal annual installments beginning on November 19, 2025, the first anniversary of the date of the grant.

6. The RSU's vest in three equal annual installments beginning on November 18, 2026, the first anniversary of the date of the grant.

Remarks:

ADDTIONAL SHARES ACQUIRED BY REPORTING PERSON'S PARTICIPATION DIVIDEND REINVESTMENT AND/OR EMPLOYEE BENEFIT PLAN WITH DIVIDEND REINVESTMENT FEATURE.

	/S/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY	11/24/2025
	** 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.
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FAQ

What insider transaction did TRST report on this Form 4?

The executive vice president and CBO of TrustCo Bank Corp N Y (TRST) reported RSU vesting that converted into 1,107 shares of common stock and related tax withholding share dispositions on 11/21/2025.

How many TRST shares vested and were acquired in this transaction?

1,107 shares of TRST common stock were acquired upon the vesting and settlement of restricted stock units, at an exercise price of $0 per share under transaction code M.

How many TRST shares were sold to cover taxes and at what price?

461 shares of TRST common stock were disposed of to pay withholding taxes related to the RSU vesting, at a price of $41.54 per share under transaction code F.

How many TRST shares does the reporting person own after these transactions?

After the reported transactions, the officer beneficially owned 40,218 shares of TRST common stock directly and 152 shares indirectly through family.

What TRST restricted stock units remain outstanding for the insider?

The insider holds RSU awards tied to 1,108, 2,200, and 3,057 underlying TRST shares, each vesting in three equal annual installments beginning on specified November anniversaries.

How do the TRST RSUs convert into common stock for this officer?

Each TRST RSU represents a contingent right to receive one share of the company’s common stock upon vesting, according to the reported terms.

Does the TRST insider acquire additional shares through dividend reinvestment?

Yes, the remarks note additional TRST shares are acquired through dividend reinvestment and an employee benefit plan with a dividend reinvestment feature.