TRST Form 4: Director equity transactions and RSU vesting detailed

Rhea-AI Filing Summary

TrustCo Bank Corp NY director files Form 4 on equity awards. A company director reported transactions dated 11/19/2025 involving 550 shares of common stock and related restricted stock units (RSUs) tied to TrustCo Bank Corp NY (TRST).

The filing shows 550 shares of common stock acquired at a price of $0 and 550 shares disposed of at $39.70, leaving the director with 1,607 shares of common stock held directly after the transactions. These movements are linked to RSUs that were originally awarded on November 19, 2024.

The RSUs vested on November 19, 2025 and were settled only in cash. Each RSU represents a right to receive a cash payment equal to the value of one share of TrustCo common stock on the settlement date, so the award results in cash compensation rather than additional shares being issued.

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^*

Cotugno Steffani

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025

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	11/19/2025		M		550	A(1)(3)	$0(2)	2,157	D
COMMON STOCK	11/19/2025		D		550	D(1)(3)	$39.7	1,607	D

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	(2)	11/19/2025		M			550	(3)	(3)	COMMON STOCK	550	$0	0	D

Explanation of Responses:

1. Reflects cash settlement of restricted stock units that settled only for cash.

2. Each restricted stock units represents a contingent right to receive a payment in cash equal to the value of one share of Issuer Common Stock on the settlement date.

3. The restricted stock units awarded November 19, 2024 "vested" on November 19, 2025 and were settled in cash.

	/S/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY	11/21/2025
	** 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.
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.

FAQ

What did the TRST Form 4 filed on 11/21/2025 report?

The Form 4 reports that a director of TrustCo Bank Corp NY (TRST) had transactions on 11/19/2025 involving 550 shares of common stock and the cash settlement of related restricted stock units.

How many TrustCo (TRST) shares does the reporting person own after this Form 4?

Following the reported transactions, the director beneficially owns 1,607 shares of TrustCo Bank Corp NY common stock, held in direct ownership.

What equity transactions were disclosed for TrustCo (TRST) on 11/19/2025?

The Form 4 shows 550 shares of common stock acquired at $0 and 550 shares disposed of at $39.70, along with the exercise of 550 restricted stock units tied to TrustCo common stock.

How were the TrustCo (TRST) restricted stock units settled in this Form 4?

The filing explains that the restricted stock units were settled only for cash. Each RSU gives a right to a cash payment equal to the value of one share of TrustCo common stock on the settlement date.

When did the reported TrustCo (TRST) restricted stock units vest?

The Form 4 notes that the restricted stock units were awarded on November 19, 2024 and vested on November 19, 2025, at which time they were settled in cash.

Is the reporting person a director or officer of TrustCo (TRST)?

Yes. The filing identifies the reporting person as a director of TrustCo Bank Corp NY and indicates the Form 4 is filed by one reporting person.