VLY Form 4: 868,890-share trust split; 289,630 to exempt trust

Rhea-AI Filing Summary

Valley National Bancorp (VLY): Director Form 4 reports an internal trust reallocation on 10/29/2025. The Steans 1996 Family Trust’s 868,890 shares were divided into three sub‑trusts for no consideration (Transaction Code G). One‑third, 289,630 shares, moved to the Jennifer W. Steans 1996 Exempt Trust, where the reporting person serves as trustee. She no longer has beneficial ownership of the shares held by the two other sub‑trusts.

Following the transactions, reported beneficial holdings include examples such as 1,199,173 shares direct and 105,000 shares via a Roth IRA, alongside additional indirect positions through partnerships, trusts, spouse, and an LLC.

Insider Trade Summary

1,158,520 shares gifted

Mixed 9 txns

Insider Steans Jennifer W

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock	868,890	$0.00	--
Gift	Common Stock	289,630	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock (Roth IRA)	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 0 shares (Indirect, Trustee (Steans 1996 Family Trust)); Common Stock — 1,199,173 shares (Direct); Common Stock (Roth IRA) — 105,000 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

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^*

Steans Jennifer W

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/29/2025

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	10/29/2025		G(1)		868,890	D	$0	0	I	Trustee (Steans 1996 Family Trust)
Common Stock	10/29/2025		G(1)		289,630	A	$0	289,630	I	Trustee (Jennifer W. Steans 1996 Exempt Trust)
Common Stock								1,199,173	D
Common Stock (Roth IRA)								105,000	D
Common Stock								517,599	I	Held by partnership (Trilogy Investment Group, LLC)
Common Stock								297,450	I	Held by partnership (PCB, LP)
Common Stock								211,468	I	Spouse as Trustee (Jennifer W. Steans 1999 Descendants Trust)
Common Stock								729,700	I	Spouse
Common Stock								461,325	I	By LLC

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. The 868,890 shares held by the Steans 1996 Family Trust (the "Family Trust") were divided, in accordance with the terms of the Family Trust, in equal parts and for no consideration into three sub-trusts of the Family Trust, including the Jennifer W. Steans 1996 Exempt Trust, for which the reporting person serves as trustee (the "1996 Exempt Trust"). As a result, one-third of the shares (289,630 shares) previously held in the Family Trust are now held in the 1996 Exempt Trust. The reporting person does not serve as a trustee or otherwise possess investment control over the two other sub-trusts, and as a result, she no longer possesses beneficial ownership of the registrant's shares held by those sub-trusts.

Remarks:

	/s/ Mitchell L. Crandell, As Attorney-in-Fact	10/31/2025
	** 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.

FAQ

What did VLY’s director report on Form 4?

A trust reallocation on 10/29/2025 in which 868,890 shares from the Steans 1996 Family Trust were split into three sub‑trusts for no consideration (Code G).

How many shares moved to the 1996 Exempt Trust?

One‑third of the original trust’s holdings, 289,630 shares, are now held by the Jennifer W. Steans 1996 Exempt Trust.

What does Transaction Code G indicate?

It indicates a transfer for no consideration, consistent with the trust division described.

Does the reporting person still own the other sub‑trusts’ shares?

No. She does not serve as trustee or have investment control over the other two sub‑trusts and no longer has beneficial ownership of their shares.

What are examples of post‑transaction holdings?

Examples include 1,199,173 shares direct and 105,000 shares via a Roth IRA, plus other indirect holdings via partnerships, trusts, spouse, and an LLC.

Was any cash exchanged in the transfers?

No. The filing states the division occurred for no consideration, with a reported price of $0.