TRST insider reports RSU vesting and 550-share sale at $39.70

Rhea-AI Filing Summary

TRUSTCO BANK CORP N Y director reported equity transactions involving restricted stock units and common stock. On November 19, 2025, 550 restricted stock units were exercised and converted into a right to cash equal to the value of one share of common stock per unit, at an exercise price of $0. The same day, 550 shares of common stock were disposed of at a price of $39.70 per share.

After these transactions, the reporting person directly beneficially owned 2,797 shares of TRUSTCO BANK CORP N Y common stock. The notes explain that the restricted stock units granted on November 19, 2024 vested on November 19, 2025 and were settled only in cash, and that additional shares have been acquired through participation in a dividend reinvestment and employee benefit plan with a dividend reinvestment feature.

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

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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^*

LUCARELLI LISA 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)

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)	3,347	D
COMMON STOCK	11/19/2025		D		550	D(1)(3)	$39.7	2,797	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	$0(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 unit 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.

Remarks:

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

	/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).
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FAQ

What insider transaction did TRUSTCO BANK CORP N Y (TRST) report on this Form 4?

The filing reports that a director exercised 550 restricted stock units on November 19, 2025 and disposed of 550 shares of TRUSTCO BANK CORP N Y common stock on the same date.

At what price were TRUSTCO BANK CORP N Y (TRST) shares sold in this insider transaction?

The 550 common shares of TRUSTCO BANK CORP N Y were disposed of at a price of $39.70 per share on November 19, 2025.

How many TRUSTCO BANK CORP N Y (TRST) shares does the insider own after the reported transaction?

Following the reported transactions, the director directly beneficially owned 2,797 shares of TRUSTCO BANK CORP N Y common stock.

How were the restricted stock units for TRUSTCO BANK CORP N Y (TRST) settled?

The filing states that the restricted stock units were settled only for cash. Each unit represented a contingent right to receive a cash payment equal to the value of one share of TRUSTCO common stock on the settlement date.

When did the TRUSTCO BANK CORP N Y (TRST) restricted stock units vest?

The restricted stock units were awarded on November 19, 2024 and "vested" on November 19, 2025, at which point they were settled in cash.

Did the TRUSTCO BANK CORP N Y (TRST) insider acquire any additional shares through dividend reinvestment?

Yes. The remarks indicate that the reporting person acquired additional shares through participation in a dividend reinvestment and/or employee benefit plan with a dividend reinvestment feature.

What role does the reporting person hold at TRUSTCO BANK CORP N Y (TRST)?

The reporting person is identified as a director of TRUSTCO BANK CORP N Y.