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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.
TrustCo Bank Corp NY director reports cash-settled equity award activity. A director of TRST reported the vesting and cash settlement of 550 restricted stock units granted on November 19, 2024, which "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 Form 4 shows a corresponding movement of 550 shares of common stock, with a transaction coded as an exercise at $0 and a disposition of 550 shares at $39.70, leaving the director with 4,700 shares of common stock held directly and no restricted stock units remaining.
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.
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.
TrustCo Bank Corp NY (TRST) filed a Form 4 reporting equity awards and holdings for its Chairman, President & CEO and Director. On 11/18/2025, the insider received 9,934 restricted stock units (RSUs), each representing a contingent right to 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 lists previously granted RSUs covering 8,367 shares of common stock that vest in three equal annual installments beginning on November 21, 2024, and RSUs covering 10,448 shares vesting in three equal annual installments beginning on November 19, 2025. A remark notes that additional shares have been acquired through participation in a dividend reinvestment and/or employee benefit plan with a dividend reinvestment feature.
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.
TrustCo Bank Corp NY (TRST) reported that an executive officer, serving as Executive Vice President & CBO, received a new grant of 3,057 restricted stock units (RSUs) on 11/18/2025. Each RSU represents a contingent right to receive one share of TrustCo common stock upon vesting, with this grant vesting in three equal annual installments beginning on November 18, 2026, and settling in shares.
The officer also holds RSU awards covering 2,215 and 3,300 shares of common stock, which vest in three equal annual installments beginning November 21, 2024, and November 19, 2025, respectively. The filing notes that additional shares have been acquired through participation in a dividend reinvestment and/or employee benefit plan with a dividend reinvestment feature.
TrustCo Bank Corp NY (TRST) reported equity awards to an officer. The company’s General Counsel & Secretary filed a Form 4 showing an award of 2,547 restricted stock units (RSUs) dated 11/18/2025. These RSUs vest in three equal annual installments beginning on November 18, 2026, and are settled in shares of common stock upon vesting.
The filing also lists prior RSU awards of 541 and 1,210 units that vest in three equal annual installments beginning on November 21, 2024 and November 19, 2025, respectively, and are settled in cash. The remarks note that additional shares have been acquired through participation in a dividend reinvestment and/or employee benefit plan with a dividend reinvestment feature.
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.
TrustCo Bank Corp NY (TRST) reported an equity-based compensation award to a director. On 11/18/2025, the director received 510 restricted stock units (RSUs) linked to the company’s common stock. Each RSU represents a contingent right to receive a cash payment equal to the fair market value of one share of issued common stock on the vesting date.
The RSUs vest in full on November 18, 2026, at which time the award will be settled in cash rather than shares. Following this grant, the director holds 510 derivative securities as a direct owner, reflecting this cash-settled RSU award.