Valley National (NYSE: VLY) COO exercises options and sells 90,537 shares
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 90,537 shares ($1,225,871)
Net Sell
3 txns
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)
- [object Object]
Key Figures
Shares sold: 90,537 shares
Weighted average sale price: $13.54 per share
Options exercised: 90,537 shares
+3 more
6 metrics
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
Key Terms
open-market sale, Stock Option/NQ, weighted average price
3 terms
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.
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.
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.