STOCK TITAN

Valley National (NYSE: VLY) COO exercises options and sells 90,537 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

VALLEY NATIONAL BANCORP executive Russell Barrett, SEVP and Chief Operating Officer, exercised stock options and sold shares on April 27, 2026. He exercised options covering 90,537 shares of common stock at $8.47 per share, then sold 90,537 shares in an open-market sale at a weighted average price of $13.54 per share, with individual trades ranging from $13.53 to $13.55. Following these transactions, he directly holds 64,167 shares of common stock, and the related stock option grant has been fully exercised.

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Insider BARRETT RUSSELL
Role SEVP, Chief Operating Officer
Sold 90,537 shs ($1.23M)
Type Security Shares Price Value
Exercise Stock Option/NQ 90,537 $0.00 --
Exercise Common Stock 90,537 $8.47 $767K
Sale Common Stock 90,537 $13.54 $1.23M
Holdings After Transaction: Stock Option/NQ — 0 shares (Direct, null); Common Stock — 154,704 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 90,537 shares Open-market sale of common stock on April 27, 2026
Weighted average sale price $13.54 per share Sale prices ranged from $13.53 to $13.55
Options exercised 90,537 shares Stock Option/NQ exercise at $8.47 per share
Exercise price $8.47 per share Conversion or exercise price for Stock Option/NQ
Shares held after transactions 64,167 shares Direct common stock ownership after April 27, 2026
Option expiration date February 24, 2027 Expiration date of exercised Stock Option/NQ grant
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option/NQ financial
"security_title: "Stock Option/NQ""
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
BARRETT RUSSELL

(Last)(First)(Middle)
C/O VALLEY NATIONAL BANCORP
ONE PENN PLAZA

(Street)
NEW YORK NEW YORK 10119

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
VALLEY NATIONAL BANCORP [ VLY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SEVP, Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/27/2026M90,537A$8.47154,704D
Common Stock04/27/2026S90,537D$13.54(1)64,167D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option/NQ$8.4704/27/2026M90,53704/01/202202/24/2027Common Stock90,537$00D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.53 to $13.55, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ RUSSELL BARRETT04/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did VALLEY NATIONAL BANCORP (VLY) report for Russell Barrett?

VALLEY NATIONAL BANCORP reported that SEVP and COO Russell Barrett exercised stock options and sold common shares. He exercised 90,537 options at $8.47 per share and sold 90,537 shares in an open-market sale at a weighted average price of $13.54.

How many VALLEY NATIONAL BANCORP (VLY) shares did Russell Barrett sell and at what price?

Russell Barrett sold 90,537 shares of VALLEY NATIONAL BANCORP common stock in an open-market sale. The weighted average sale price was $13.54 per share, with individual trades executed between $13.53 and $13.55, as disclosed in the footnote.

What stock options did Russell Barrett exercise at VALLEY NATIONAL BANCORP (VLY)?

Barrett exercised a Stock Option/NQ covering 90,537 underlying common shares. The option had a conversion or exercise price of $8.47 per share, with an expiration date of February 24, 2027. After this exercise, the filing shows zero remaining shares under this option.

How many VALLEY NATIONAL BANCORP (VLY) shares does Russell Barrett hold after these transactions?

Following the reported exercise and sale, Russell Barrett directly holds 64,167 shares of VALLEY NATIONAL BANCORP common stock. The filing classifies this as direct ownership, and there are no remaining shares listed under the exercised Stock Option/NQ grant.

Were Russell Barrett’s VALLEY NATIONAL BANCORP (VLY) share sales executed in a single trade or multiple trades?

The sale was executed in multiple transactions. The filing states the price reported is a weighted average, with individual trades ranging from $13.53 to $13.55 per share. Barrett undertakes to provide detailed trade breakdowns upon request.