STOCK TITAN

TrustCo Bank Corp N Y (TRST) director buys 105 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

TrustCo Bank Corp N Y director Frank B Silverman reported an open-market purchase of 105 shares of common stock at $46.18 per share. After this transaction, he directly owns 4,892 shares of TrustCo Bank Corp N Y common stock.

Positive

  • None.

Negative

  • None.
Insider Silverman Frank B
Role null
Bought 105 shs ($5K)
Type Security Shares Price Value
Purchase COMMON STOCK 105 $46.18 $5K
Holdings After Transaction: COMMON STOCK — 4,892 shares (Direct, null)
Footnotes (1)
Shares purchased 105 shares Open-market purchase of common stock
Purchase price $46.18 per share Price paid for each common share
Shares owned after trade 4,892 shares Direct holdings following transaction
Net buy shares 105 shares Net change in buy/sell activity in this filing
open-market purchase financial
"transaction_action: "open-market purchase" for 105 common shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) for TrustCo Bank Corp N Y"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
COMMON STOCK financial
"security_title is listed as "COMMON STOCK" in the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "P" regulatory
"transaction_code "P" indicates a purchase in open market"
SEC Form 4
FORM 4UNITED 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*
Silverman Frank B

(Last)(First)(Middle)
C/O TRUSTCO BANK CORP NY
5 SARNOWSKI DRIVE

(Street)
GLENVILLE NEW YORK 12302

(City)(State)(Zip)

UNITED STATES

(Country)
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
COMMON STOCK04/24/2026P105A$46.184,892D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/S/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY04/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TRST director Frank B Silverman report?

Frank B Silverman reported an open-market purchase of 105 TrustCo Bank Corp N Y common shares at $46.18 each. The filing shows this single buy transaction and indicates his direct ownership stake increased to 4,892 shares following the trade.

At what price did the TRST director buy the recently reported shares?

The director bought the shares at $46.18 per share in an open-market transaction. This price applies to all 105 TrustCo Bank Corp N Y common shares reported in the Form 4, providing a clear view of the cost basis for this insider purchase.

How many TRST shares does Frank B Silverman own after this transaction?

After the reported trade, Frank B Silverman directly owns 4,892 TrustCo Bank Corp N Y common shares. This total reflects his holdings immediately following the open-market purchase of 105 shares disclosed in the Form 4 insider filing.

Was the TRST insider transaction a purchase or a sale?

The transaction was a purchase. The Form 4 identifies it as an open-market buy of 105 TrustCo Bank Corp N Y common shares, coded as a purchase and classified as a non-derivative transaction that increased the director’s directly held position.

What transaction code is used for the TRST insider trade on the Form 4?

The filing uses transaction code "P" for the reported trade, indicating a purchase in the open market or a private transaction. This code confirms the 105 TrustCo Bank Corp N Y common shares were acquired rather than sold by the reporting director.