STOCK TITAN

Director at Valley National (VLY) receives 8,121-share RSU grant

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

Rhea-AI Filing Summary

SANDOR NITZAN reported acquisition or exercise transactions in this Form 4 filing.

Valley National Bancorp director Sandor Nitzan received a grant of 8,121 shares of common stock in the form of restricted stock units. The award was granted at no cash cost per share and was made under the Valley National Bancorp 2023 Incentive Compensation Plan.

The restricted stock units vest in one year, subject to certain exceptions, meaning the shares are earned over time as long as conditions are met. After this grant, Nitzan directly holds a total of 17,624 shares of Valley National common stock, reflecting a routine, compensation-related equity award rather than an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider SANDOR NITZAN
Role null
Type Security Shares Price Value
Grant/Award Common Stock 8,121 $0.00 --
Holdings After Transaction: Common Stock — 17,624 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 8,121 shares Restricted stock units awarded to director on 2026-05-18
Grant price $0.00 per share Reported transaction price per share for RSU grant
Shares owned after grant 17,624 shares Total common shares directly held by Sandor Nitzan post-transaction
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*
SANDOR NITZAN

(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$017,624D
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/ NITZAN SANDOR05/19/2026
** 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 Sandor Nitzan?

Valley National Bancorp reported that director Sandor Nitzan received 8,121 shares of common stock as a restricted stock unit grant. The award was part of his equity compensation and did not involve an open-market stock purchase or sale.

How many Valley National (VLY) shares does Sandor Nitzan hold after this Form 4 transaction?

After the reported grant, director Sandor Nitzan directly holds 17,624 shares of Valley National common stock. This total reflects his updated ownership position following the 8,121-share restricted stock unit award disclosed in the Form 4 filing.

Was cash paid for the 8,121-share award to Valley National (VLY) director Sandor Nitzan?

No cash was paid for this award. The 8,121 shares were granted at a reported price of $0.00 per share as restricted stock units, indicating a compensation-related equity grant rather than a market transaction involving paid consideration.

What type of equity award did Valley National Bancorp (VLY) grant to director Sandor Nitzan?

Valley National Bancorp granted director Sandor Nitzan restricted stock units representing 8,121 shares of common stock. These units were issued under the company’s 2023 Incentive Compensation Plan as part of his non-cash equity compensation package.

When do Sandor Nitzan’s Valley National (VLY) restricted stock units vest?

The restricted stock units awarded to Sandor Nitzan vest in one year, subject to certain exceptions. This means he generally earns full ownership over that period, assuming the vesting conditions in the plan and award agreement are satisfied.

Is the Form 4 transaction for Valley National (VLY) a buy or a grant to Sandor Nitzan?

The Form 4 transaction is a grant, not a market buy. It is coded as an acquisition from a grant or award, reflecting 8,121 restricted stock units issued as equity compensation rather than shares purchased on the open market.