Valley National (NYSE: VLY) EVP & CAO Crandell sells 25,495 shares
Rhea-AI Filing Summary
Valley National Bancorp executive sells shares
VALLEY NATIONAL BANCORP EVP & Chief Accounting Officer Mitchell L. Crandell reported an open-market sale of 25,495 shares of common stock at an average price of $14.63 per share. After this transaction, he continues to hold 76,116 shares directly.
Positive
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Negative
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Insights
Executive conducted a moderate open-market sale but remains a sizable shareholder.
EVP & Chief Accounting Officer Mitchell L. Crandell sold 25,495 shares of Valley National Bancorp common stock in an open-market transaction at $14.63 per share. This is a discretionary sale rather than a tax or grant-related event.
Following the sale, he still directly owns 76,116 shares, indicating ongoing equity exposure. With no derivative positions listed and no footnotes describing a pre-arranged trading plan, this appears to be a straightforward liquidity transaction whose broader significance depends on future trading patterns and company performance disclosures.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,495 | $14.63 | $373K |
Key Figures
Key Terms
open-market sale financial
Common Stock financial
Form 4 regulatory
EVP & Chief Accounting Officer financial
FAQ
What insider transaction did Valley National Bancorp (VLY) report for Mitchell L. Crandell?
Was Mitchell L. Crandell’s Valley National Bancorp (VLY) trade an open-market sale?
Does the Valley National Bancorp (VLY) Form 4 show any derivative transactions for Mitchell L. Crandell?
AI-generated analysis. How Rhea-AI works. Not financial advice.