Eric W. Schreck - 21 Nov 2024 Form 4 Insider Report for TRUSTCO BANK CORP N Y (TRST)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
25 Nov 2024, 17:59:50 UTC
Prior SEC filing
19 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/S/MICHAEL M. OZIMEK, BY POWER OF ATTORNEY

Key filing fact

Eric W. Schreck filed Form 4 for TRUSTCO BANK CORP N Y (TRST) on 25 Nov 2024.

Key facts

  • This page summarizes Eric W. Schreck's Form 4 filing for TRUSTCO BANK CORP N Y (TRST).
  • 3 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 25 Nov 2024, 17:59.

Change

  • Previous filing in this sequence was filed on 19 Nov 2024.
  • Current net transaction value: -$14,524.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TRST transaction

COMMON STOCK

Options Exercise

Transaction value
$0
Shares
+1,107
Change %
+4%
Price
$0.000000
Shares after
28,630
Date
21 Nov 2024
Ownership
Direct
Footnotes
F1
TRST transaction

COMMON STOCK

Tax liability

Transaction value
$14,524
Shares
-395
Change %
-1.4%
Price
$36.77
Shares after
28,235
Date
21 Nov 2024
Ownership
Direct
Footnotes
F2
TRST holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
212
Date
21 Nov 2024
Ownership
BY WIFE

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TRST transaction Derivative

RESTRICTED STOCK UNIT

Options Exercise

Transaction value
$0
Shares
-1,107
Change %
-33%
Price
$0.000000
Shares after
2,215
Date
21 Nov 2024
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
1,107
Exercise price
$0.000000
Footnotes
F1, F3, F4
TRST holding Derivative

RESTRICTED STOCK UNIT

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
877
Date
21 Nov 2024
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
877
Exercise price
$0.000000
Footnotes
F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents the vesting and settlement of restricted stock units ("RSUs"), which convert into common stock of the Issuer on a one-for-one basis.

Footnote F2

In an exempt transaction pursuant to Rule 16b-3(e), shares of the Issuer's common stock were withheld by the Issuer for the payment of withholding taxes due upon the vesting of RSUs.

Footnote F3

Each RSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.

Footnote F4

The RSUs vest in three equal annual installments beginning on November 21, 2024, the first anniversary of the date of the grant.

Footnote F5

The RSUs "vest" in three equal annual installments beginning on November 15, 2023, the first anniversary of the date of the grant.

Footnote F6

Each restricted stock unit represents a contingent right to receive a payment in cash to the fair market value of issued common stock, as determined on the date of the vesting of the restricted stock unit.

SEC remarks

ADDITIONAL SHARES ACQUIRED BY REPORTING PERSON'S PARTICIPATION IN DIVIDEND REINVESTMENT AND/OR EMPLOYEE BENEFIT PLAN WITH DIVIDEND REINVESTMENT FEATURE.

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