Marc J. Lenner - May 21, 2024 Form 4 Insider Report for VALLEY NATIONAL BANCORP (VLY)

Role
Director
Signature
/s/ MARC J. LENNER
Stock symbol
VLY
Transactions as of
May 21, 2024
Transactions value $
$0
Form type
4
Date filed
5/23/2024, 12:35 PM
Previous filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLY Common Stock Award $0 +11K +10.15% $0.00 119K May 21, 2024 Direct F1
transaction VLY Common Stock Gift $0 -17.8K -100% $0.00* 0 May 23, 2024 The Lester M. Entin Trust - 50% Trustee F2
transaction VLY Common Stock Gift $0 +8.89K +15.64% $0.00 65.7K May 23, 2024 Grantor Trust for Aunt F2
transaction VLY Common Stock Gift $0 +8.89K +15.64% $0.00 65.7K May 23, 2024 Grantor Trust for Mother F2
holding VLY Preferred Stock 8.65K May 21, 2024 Direct
holding VLY Common Stock 769 May 21, 2024 Spouse
holding VLY Common Stock 19.7K May 21, 2024 Custodian For Sons
holding VLY Common Stock 19.7K May 21, 2024 Custodian For Daughters
holding VLY Common Stock 2.89K May 21, 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.