TrustCo Bank (TRST) director reports 550 RSUs vesting and share sale

Rhea-AI Filing Summary

TrustCo Bank Corp NY director reports equity transactions and RSU settlement. A Form 4 filing for a director of TRST shows that on 11/19/2025 the insider exercised 550 restricted stock units with an exercise price of $0 and disposed of 550 shares of common stock at $39.70 per share. After these transactions, the director directly beneficially owns 17,469 shares of common stock and indirectly owns 228 shares through a family account.

The restricted stock units were awarded on November 19, 2024, vested on November 19, 2025, and were settled in cash based on the value of one share of common stock on the settlement date. The filing also notes that additional shares were acquired through participation in a dividend reinvestment and/or 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

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^*

Maggs Thomas O

(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)	18,019	D
COMMON STOCK	11/19/2025		D		550	D(1)(3)	$39.7	17,469	D
COMMON STOCK								228	I	BY FAMILY

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).
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 insider transaction did TRST report in this Form 4?

The Form 4 reports that a director of TrustCo Bank Corp NY (TRST) exercised 550 restricted stock units and disposed of 550 shares of common stock on 11/19/2025.

At what price were the TRST shares disposed of in this transaction?

The filing shows a disposition of 550 shares of TrustCo Bank Corp NY common stock at a price of $39.70 per share.

How many TRST shares does the insider own after the reported transactions?

Following the transactions, the director beneficially owns 17,469 shares of TRST common stock directly and 228 shares indirectly through a family account.

What are the key terms of the restricted stock units reported for TRST?

Each restricted stock unit represents a contingent right to receive a cash payment equal to the value of one TRST common share on the settlement date. The 550 units were awarded on November 19, 2024, vested on November 19, 2025, and were settled in cash.

Did the TRST insider acquire additional shares through any plans?

Yes. The remarks state 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.

What is the insider’s relationship to TrustCo Bank Corp NY in this Form 4?

The reporting person is identified as a director of TrustCo Bank Corp NY (TRST) and is filing the Form 4 as a single reporting person.