STOCK TITAN

Valley National Bancorp (VLY) director awarded 8,121 restricted stock units

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

Rhea-AI Filing Summary

PERROTT KATHLEEN C reported acquisition or exercise transactions in this Form 4 filing.

VALLEY NATIONAL BANCORP director receives equity award

Director Kathleen C. Perrott was granted 8,121 shares of Valley National Bancorp common stock on a non-cash basis as a stock award. The award consists of restricted stock units under the Valley National Bancorp 2023 Incentive Compensation Plan and will vest in one year, subject to certain exceptions.

After this grant, Perrott holds a total of 28,603.526 shares of common stock directly. This filing reflects a compensation-related equity award rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider PERROTT KATHLEEN C
Role null
Type Security Shares Price Value
Grant/Award Common Stock 8,121 $0.00 --
Holdings After Transaction: Common Stock — 28,603.526 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Equity award size 8,121 shares Restricted stock units granted to director Kathleen C. Perrott
Award price $0.00 per share Non-cash grant of restricted stock units
Post-grant holdings 28,603.526 shares Total common stock held directly after the transaction
Vesting period One year Restricted stock units vest in one year, subject to exceptions
Restricted stock units financial
"Restricted stock units awarded under the Valley National Bancorp 2023 Incentive Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2023 Incentive Compensation Plan financial
"Restricted stock units awarded under the Valley National Bancorp 2023 Incentive Compensation Plan."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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*
PERROTT KATHLEEN C

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026
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 Stock05/18/2026A8,121(1)A$028,603.526D
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
Explanation of Responses:
1. Restricted stock units awarded under the Valley National Bancorp 2023 Incentive Compensation Plan. The award vests in one year, subject to certain exceptions.
Remarks:
/s/ KATHLEEN C PERROTT05/19/2026
** 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 transaction did VALLEY NATIONAL BANCORP (VLY) report for Kathleen C. Perrott?

VALLEY NATIONAL BANCORP reported that director Kathleen C. Perrott received a grant of 8,121 shares of common stock as a stock award. The award is in the form of restricted stock units that vest in one year, providing equity-based compensation rather than a market purchase.

How many VALLEY NATIONAL BANCORP (VLY) shares does Kathleen C. Perrott hold after this Form 4?

Following the reported grant, Kathleen C. Perrott holds 28,603.526 shares of VALLEY NATIONAL BANCORP common stock directly. This total includes the 8,121 restricted stock units awarded, which are scheduled to vest in one year, subject to certain exceptions under the company’s incentive plan.

Was cash paid for the 8,121-share award to VALLEY NATIONAL BANCORP (VLY) director Kathleen C. Perrott?

No cash was paid for this award; the 8,121 shares were granted at a stated price of $0.00 per share. The transaction represents a non-cash equity compensation grant of restricted stock units under the VALLEY NATIONAL BANCORP 2023 Incentive Compensation Plan.

What type of equity award did VALLEY NATIONAL BANCORP (VLY) grant to director Kathleen C. Perrott?

The company granted restricted stock units representing 8,121 shares of common stock to director Kathleen C. Perrott. These units were awarded under the VALLEY NATIONAL BANCORP 2023 Incentive Compensation Plan and are scheduled to vest in one year, subject to certain specified exceptions in the plan.

Did the VALLEY NATIONAL BANCORP (VLY) Form 4 show any stock sales by Kathleen C. Perrott?

The Form 4 does not show any stock sales by Kathleen C. Perrott. It reports only an acquisition transaction coded as a grant or award, reflecting 8,121 restricted stock units that increase her direct holdings to 28,603.526 shares of common stock.