TrustCo (TRST) CFO granted 3,057 RSUs in Form 4 filing
TrustCo Bank Corp NY (TRST) disclosed that its Executive Vice President and Chief Financial Officer, Michael Ozimek, received a grant of 3,057 restricted stock units (RSUs) on November 18, 2025.
Rhea-AI Filing Summary
TrustCo Bank Corp NY (TRST) disclosed that its Executive Vice President and Chief Financial Officer, Michael Ozimek, received a grant of 3,057 restricted stock units (RSUs) on November 18, 2025. Each RSU represents the right to receive one share of common stock upon vesting. These RSUs vest in three equal annual installments beginning on November 18, 2026, and will be settled in shares of common stock.
The filing also reports previously granted RSUs covering 2,215 and 2,750 shares of common stock, which vest in three equal annual installments beginning on November 21, 2024 and November 19, 2025, respectively. The remarks note that additional shares were acquired through the reporting person’s participation in a dividend reinvestment and/or employee benefit plan with a dividend reinvestment feature.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RESTRICTED STOCK UNIT | 3,057 | $0.00 | $0.00 |
| holding | RESTRICTED STOCK UNIT | -- | -- | -- |
| holding | RESTRICTED STOCK UNIT | -- | -- | -- |
Footnotes (4)
- F1. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.
- F2. The RSU'S vest in three equal annual installments beginning on November 18, 2026. Settlement of the restricted stock units will be made in shares of common stock.
- F3. The RSU'S vest in three equal annual installments beginning on November 21, 2024, the first anniversary of the date of the grant.
- F4. The RSU'S vest in three equal annual installments beginning on November 19, 2025, the first anniversary of the date of the grant.
FAQ
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What insider transaction did TrustCo Bank Corp NY (TRST) report in this Form 4?
How many new RSUs did the TRST CFO receive and what do they represent?
What is the vesting schedule for the new 3,057 RSUs reported for TRST?
What other RSU holdings for the TRST CFO are disclosed in this filing?
Who is the reporting person in this TRST Form 4 and what is their role?
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