Valley National Bancorp (VLY) awards 29,941 RSUs to senior executive

Rhea-AI Filing Summary

Valley National Bancorp senior executive receives stock-based award. Patrick D. Smith, SEVP and President of Consumer Banking, acquired 29,941 shares of common stock on February 23, 2026 through a restricted stock unit (RSU) grant under the 2023 Long Term Incentive Stock Plan. These time-based RSUs vest in three equal installments each February 1 over the next three years. Following this grant, his directly owned common stock holdings total 133,715 shares.

Insider Trade Summary

Net Buyer: 29,941 shares

Net Buy 1 txn

Insider SMITH PATRICK D

Role SEVP, Pres Consumer Banking

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	29,941	$0.00	$0.00

Holdings After Transaction: Common Stock — 133,715 shares (Direct)

Footnotes (1)

1. F1. Restricted stock units (RSUs) granted under the Valley National Bancorp 2023 Long Term Incentive Stock Plan. The RSUs are time-based with three-year equal vesting, with vesting on each February 1 for the next three years.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/25/2026 - 04:23 PM Learn about SEC filing dates

FAQ

What insider transaction did VALLEY NATIONAL BANCORP (VLY) report for Patrick D. Smith?

VALLEY NATIONAL BANCORP reported that executive Patrick D. Smith received a grant of 29,941 restricted stock units tied to common stock. The award was made under the 2023 Long Term Incentive Stock Plan as part of his equity-based compensation.

How many VALLEY NATIONAL BANCORP (VLY) shares does Patrick D. Smith own after this Form 4?

After the reported grant, Patrick D. Smith directly holds 133,715 shares of VALLEY NATIONAL BANCORP common stock. This total reflects the addition of 29,941 shares acquired through a restricted stock unit award on February 23, 2026.

What is the nature of the 29,941-share award to VALLEY NATIONAL BANCORP (VLY) executive Patrick D. Smith?

The 29,941-share award is a grant of restricted stock units under the 2023 Long Term Incentive Stock Plan. These RSUs are time-based and represent stock-based compensation rather than an open-market purchase of VALLEY NATIONAL BANCORP shares.

How do the VALLEY NATIONAL BANCORP (VLY) RSUs granted to Patrick D. Smith vest?

The restricted stock units granted to Patrick D. Smith vest in three equal installments over three years. Vesting occurs each February 1 for the next three years, subject to the time-based conditions set in the 2023 Long Term Incentive Stock Plan.

Was cash paid for the 29,941 VALLEY NATIONAL BANCORP (VLY) shares reported in this Form 4?

No cash was paid for these 29,941 shares; the transaction price per share is reported as 0.0000. The shares were acquired through a restricted stock unit grant, reflecting non-cash, equity-based compensation to the executive.

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
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^*

SMITH PATRICK D

(Last) (First) (Middle)

C/O VALLEY NATIONAL BANCORP

ONE PENN PLAZA

(Street)

NEW YORK NY 10119

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VALLEY NATIONAL BANCORP [ VLY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SEVP, Pres Consumer Banking

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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	02/23/2026		A		29,941(1)	A	$0	133,715	D

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

Explanation of Responses:

1. Restricted stock units (RSUs) granted under the Valley National Bancorp 2023 Long Term Incentive Stock Plan. The RSUs are time-based with three-year equal vesting, with vesting on each February 1 for the next three years.

Remarks:

	/s/ Sequoia Moore, as Attorney-in-Fact	02/25/2026
	** 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.