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

Q: What insider transaction did VALLEY NATIONAL BANCORP (VLY) report for Eyal Efrat?

VALLEY NATIONAL BANCORP reported that director Eyal Efrat received a grant of 8,121 shares of Common Stock . The award is structured as restricted stock units under the company’s 2023 Incentive Compensation Plan, reflecting stock-based compensation rather than an open-market purchase.

Q: How many VALLEY NATIONAL BANCORP (VLY) shares does Eyal Efrat hold after this Form 4 filing?

After this award, director Eyal Efrat directly holds 19,362 shares of VALLEY NATIONAL BANCORP Common Stock. This total includes the new 8,121-share restricted stock unit grant reported in the Form 4 and shows his post-transaction equity position as disclosed.

Q: Was the VALLEY NATIONAL BANCORP (VLY) stock grant to Eyal Efrat an open-market purchase?

No, the transaction was a grant or award acquisition , not an open-market purchase. The 8,121 shares were issued at $0.00 per share as restricted stock units under the 2023 Incentive Compensation Plan, representing compensation rather than cash investment.

Q: What are the vesting terms of Eyal Efrat’s VALLEY NATIONAL BANCORP (VLY) restricted stock units?

The footnote states these restricted stock units awarded to Eyal Efrat under the 2023 Incentive Compensation Plan vest in one year , subject to certain exceptions. This means he earns full rights to the shares after that one-year vesting period, if conditions are met.

Q: What transaction code did VALLEY NATIONAL BANCORP (VLY) use for Eyal Efrat’s stock grant?

The filing uses transaction code A , described as a grant, award, or other acquisition . This indicates the 8,121 shares of Common Stock were awarded as compensation, not bought or sold in the market, and are treated as a non-derivative equity grant.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

EFRAT EYAL reported acquisition or exercise transactions in this Form 4 filing.

VALLEY NATIONAL BANCORP director Eyal Efrat received a grant of 8,121 shares of Common Stock as a stock award. The shares were granted at $0.00 per share as part of compensation and are structured as restricted stock units under the Valley National Bancorp 2023 Incentive Compensation Plan.

The award vests in one year, subject to certain exceptions described in the plan. After this grant, Efrat directly holds 19,362 shares of Valley National Bancorp common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider EFRAT EYAL

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,121	$0.00	--

Holdings After Transaction: Common Stock — 19,362 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 8,121 shares Grant price: $0.00 per share Shares after transaction: 19,362 shares +1 more

4 metrics

RSU grant size 8,121 shares Restricted stock units awarded to director on May 18, 2026

Grant price $0.00 per share Stock award under 2023 Incentive Compensation Plan

Shares after transaction 19,362 shares Total Common Stock directly held after the award

Vesting period One year Restricted stock units vest in one year, subject to exceptions

Key Terms

Restricted stock units, 2023 Incentive Compensation Plan, Grant, award, or other acquisition, Common Stock

4 terms

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"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 09:31 AM

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^*

EFRAT EYAL

(Last)

(First)

(Middle)

C/O VALLEY NATIONAL BANCORP

ONE PENN PLAZA

(Street)

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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/18/2026		A		8,121⁽¹⁾	A	$0	19,362	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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/ EYAL EFRAT	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did VALLEY NATIONAL BANCORP (VLY) report for Eyal Efrat?

VALLEY NATIONAL BANCORP reported that director Eyal Efrat received a grant of 8,121 shares of Common Stock. The award is structured as restricted stock units under the company’s 2023 Incentive Compensation Plan, reflecting stock-based compensation rather than an open-market purchase.

How many VALLEY NATIONAL BANCORP (VLY) shares does Eyal Efrat hold after this Form 4 filing?

After this award, director Eyal Efrat directly holds 19,362 shares of VALLEY NATIONAL BANCORP Common Stock. This total includes the new 8,121-share restricted stock unit grant reported in the Form 4 and shows his post-transaction equity position as disclosed.

Was the VALLEY NATIONAL BANCORP (VLY) stock grant to Eyal Efrat an open-market purchase?

No, the transaction was a grant or award acquisition, not an open-market purchase. The 8,121 shares were issued at $0.00 per share as restricted stock units under the 2023 Incentive Compensation Plan, representing compensation rather than cash investment.

What are the vesting terms of Eyal Efrat’s VALLEY NATIONAL BANCORP (VLY) restricted stock units?

The footnote states these restricted stock units awarded to Eyal Efrat under the 2023 Incentive Compensation Plan vest in one year, subject to certain exceptions. This means he earns full rights to the shares after that one-year vesting period, if conditions are met.

What transaction code did VALLEY NATIONAL BANCORP (VLY) use for Eyal Efrat’s stock grant?

The filing uses transaction code A, described as a grant, award, or other acquisition. This indicates the 8,121 shares of Common Stock were awarded as compensation, not bought or sold in the market, and are treated as a non-derivative equity grant.