Director at Valley National (VLY) receives 8,121 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WILLIAMS SIDNEY S reported acquisition or exercise transactions in this Form 4 filing.
VALLEY NATIONAL BANCORP director Sidney S. Williams received a grant of 8,121 shares of Common Stock as a stock award. The award consists of restricted stock units granted under the Valley National Bancorp 2023 Incentive Compensation Plan and will vest in one year, subject to certain exceptions. Following this grant, Williams directly holds 50,843 shares of Common Stock, reflecting compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILLIAMS SIDNEY S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,121 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 50,843 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 8,121 shares
Transaction price per share: $0.0000
Total shares after grant: 50,843 shares
+2 more
5 metrics
RSUs granted
8,121 shares
Restricted stock units awarded to director on May 18, 2026
Transaction price per share
$0.0000
Price per share for the RSU grant
Total shares after grant
50,843 shares
Director’s direct Common Stock holdings following the award
Vesting period
one year
RSU award vests in one year, subject to exceptions
Transaction type
Grant, award, or other acquisition
Form 4 transaction code A for equity award
Key Terms
restricted stock units, 2023 Incentive Compensation Plan, Grant, award, or other acquisition
3 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"
FAQ
What did Valley National Bancorp (VLY) director Sidney S. Williams report on this Form 4?
Sidney S. Williams reported receiving 8,121 shares of Common Stock as a stock award. These restricted stock units were granted as compensation and increased his direct holdings to 50,843 shares according to the filing.
What is the vesting schedule for Sidney S. Williams’ new Valley National Bancorp (VLY) stock units?
The restricted stock units granted to Sidney S. Williams vest in one year, subject to certain exceptions. This means the shares become fully owned after the one-year vesting period defined in the 2023 Incentive Compensation Plan.
What are Sidney S. Williams’ total Valley National Bancorp (VLY) holdings after this grant?
After the reported grant, Sidney S. Williams directly holds 50,843 shares of Valley National Bancorp Common Stock. This total reflects his position immediately following the award of 8,121 restricted stock units disclosed in the Form 4.
Under which plan were the Valley National Bancorp (VLY) restricted stock units granted to Sidney S. Williams?
The restricted stock units were granted under the Valley National Bancorp 2023 Incentive Compensation Plan. This plan provides equity-based awards, and the filing notes that Williams’ award vests in one year, subject to certain exceptions.