TrustCo (TRST) COO reports 4,076 RSU grant on Form 4
TrustCo Bank Corp NY (TRST) executive vice president and chief operating officer reported a new equity award on a Form 4.
Rhea-AI Filing Summary
TrustCo Bank Corp NY (TRST) executive vice president and chief operating officer reported a new equity award on a Form 4. The officer received 4,076 restricted stock units (RSUs) on November 18, 2025, each representing one share of common stock upon vesting at a stated price of $0.
The 4,076 RSUs vest in three equal annual installments beginning November 18, 2026, with settlement in shares of common stock. The filing also shows previously granted RSUs covering 3,199 and 3,850 shares of common stock, which vest in three equal annual installments beginning November 21, 2024 and November 19, 2025, respectively. A remark notes additional shares acquired through a dividend reinvestment and employee benefit plan with a dividend reinvestment feature.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | RESTRICTED STOCK UNIT | 4,076 | $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 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TrustCo (TRST) disclose in this Form 4 filing?
How do the new 4,076 TrustCo (TRST) RSUs vest?
What prior RSU awards for the TRST executive are reported?
Who is the reporting person in this TrustCo (TRST) Form 4?
What does the dividend reinvestment remark in the TRST Form 4 mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.