MARC J. LENNER - 21 May 2024 Form 4 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
Director
Signature
/s/ MARC J. LENNER
Issuer symbol
VLY
Transactions as of
21 May 2024
Net transactions value
$0
Form type
4
Filing time
23 May 2024, 12:35:32 UTC
Previous filing
14 Feb 2024
Next filing
14 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLY Common Stock Award $0 +10,982 +10% $0.000000 119,152 21 May 2024 Direct F1
transaction VLY Common Stock Gift $0 -17,787 -100% $0.000000* 0 23 May 2024 The Lester M. Entin Trust - 50% Trustee F2
transaction VLY Common Stock Gift $0 +8,893 +16% $0.000000 65,746 23 May 2024 Grantor Trust for Aunt F2
transaction VLY Common Stock Gift $0 +8,894 +16% $0.000000 65,746 23 May 2024 Grantor Trust for Mother F2
holding VLY Preferred Stock 8,650 21 May 2024 Direct
holding VLY Common Stock 769 21 May 2024 Spouse
holding VLY Common Stock 19,707 21 May 2024 Custodian For Sons
holding VLY Common Stock 19,702 21 May 2024 Custodian For Daughters
holding VLY Common Stock 2,891 21 May 2024 Entin F 401K
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units awarded under the Valley National Bancorp 2023 Incentive Compensation Plan. The award vests in one year, subject to certain exceptions.
F2 On May 23, 2024, shares of the registrant's common stock held by the Lester M. Entin Trust were distributed for no consideration, in substantially equal parts, to the two grantor trusts reported here. The reporting person is a 50% co-trustee of these family grantor trusts.