[Form 4] VALLEY NATIONAL BANCORP Insider Trading Activity
Mark Saeger, EVP and Chief Credit Officer of Valley National Bancorp (VLY), reported a grant of 14,151 restricted stock units (RSUs) on 10/01/2025. The RSUs were granted under the Valley National Bancorp 2023 Long Term Incentive Stock Plan, are time‑based, carry a reported price of $0, and vest in full on the second anniversary of the grant date.
Following the reported award, Mr. Saeger beneficially owns 213,074 shares of VLY as a direct owner. The Form 4 was signed 10/02/2025 and contains the issuer, reporting person details, and the RSU explanation provided.
- Grant increases executive alignment with shareholders via 14,151 time‑based RSUs under the 2023 LTIP
- Clear disclosure of transaction date (10/01/2025), vesting schedule (vesting in full on second anniversary), and resulting direct ownership (213,074 shares)
- None.
Insights
TL;DR: Officer awarded time‑based RSUs that vest in two years, increasing direct holdings to 213,074 shares.
The filing documents a routine long‑term incentive grant using RSUs under the company's 2023 LTIP. The award size (14,151 RSUs) and stated vesting schedule are explicitly disclosed. The grant carries a $0 reported price, consistent with restricted unit awards rather than an open‑market purchase. This is a typical executive compensation disclosure showing non‑cash equity compensation and an increase in beneficial ownership.
TL;DR: Form 4 properly reports a single officer grant; disclosure appears complete for Section 16 purposes.
The Form 4 identifies the reporting person, relationship to the issuer, transaction date, grant amount, resulting beneficial ownership, and an explanation that the units are time‑based RSUs vesting in two years. The signature and dates are present. The filing meets the explicit reporting elements required by Form 4 for an equity grant by an officer.