Form 4: Valley National Bancorp Director Peter V. Maio Reports Acquisition of Restricted Stock Units

Director Peter V. Maio reports acquisition of 9,393 restricted stock units in Valley National Bancorp.

Summary

• Peter V. Maio, a director of Valley National Bancorp, reported a transaction on May 20, 2025.
• Maio acquired 9,393 shares of common stock through restricted stock units.
• These restricted stock units were awarded under the Valley National Bancorp 2023 Incentive Compensation Plan.
• The award vests in one year, subject to certain exceptions.
• Following the reported transaction, Maio directly owns 68,366 shares of Valley National Bancorp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of stock by a director can be seen as a slightly positive sign, but it's a routine occurrence.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

The restricted stock units vest in one year, subject to certain exceptions, indicating a potential future increase in Maio's holdings.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of restricted stock units by a director may have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Valley National Bancorp, Director, Peter V. Maio, Restricted Stock Units, Beneficial Ownership, Form 4, VLY, Incentive Compensation Plan