Valley National SEVP receives 17,965-share RSU grant
SLOAN LYNDSEY M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SLOAN LYNDSEY M reported acquisition or exercise transactions in this Form 4 filing.
Valley National Bancorp senior executive vice president and general counsel Lyndsey M. Sloan received a grant of 17,965 shares of common stock in the form of restricted stock units under the company’s 2023 Long Term Incentive Stock Plan. These RSUs vest in three equal installments on each February 1 over the next three years. Following this award, Sloan directly holds 51,560 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,965 | $0.00 | $0.00 |
Footnotes (1)
- F1. Restricted stock units (RSUs) granted under the Valley National Bancorp 2023 Long Term Incentive Stock Plan. The RSUs are time-based with three-year equal vesting, with vesting on each February 1 for the next three years.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Valley National Bancorp (VLY) report in this Form 4 filing?
How do the new RSUs for Valley National Bancorp’s SEVP vest?
Was this Valley National Bancorp (VLY) insider transaction a market purchase or a grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.