Form 4: Valley National Bancorp Executive Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
John P. Regan, SEVP and Chief Risk Officer of Valley National Bancorp, reported the disposition of 4,596 shares of common stock at $8.93 per share to cover tax withholding obligations related to restricted stock unit vesting.
Summary
- John P. Regan, SEVP and Chief Risk Officer of Valley National Bancorp (VLY), reported a transaction on July 1, 2025.
- The transaction involved the disposition of 4,596 shares of common stock.
- The shares were disposed of at a price of $8.93 per share.
- This disposition was for the purpose of satisfying tax withholding obligations arising from the vesting of restricted stock units.
- Following this transaction, John P. Regan beneficially owns 53,445 shares of Valley National Bancorp common stock.
- The transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary transaction for tax purposes related to executive compensation. It does not indicate positive or negative sentiment towards the company's operational or financial outlook.
Positives
- The transaction is a routine, non-discretionary event related to executive compensation (vesting of restricted stock units).
- The transaction is exempt under Rule 16b-3, indicating compliance with SEC regulations for such compensation-related events.
Negatives
- No direct negative implications for company operations or financial health are indicated by this routine tax-related transaction.
Risks
- No new specific risks are identified in this filing, as it reports a standard insider transaction for tax purposes.
Future Outlook
This Form 4 filing reports a past transaction and does not provide any forward-looking statements or guidance regarding the company's future performance or strategy.
Management Comments
- No specific management comments or notable quotes are provided in this Form 4 filing, which is a transactional report.
Industry Context
This filing is a routine insider transaction report related to executive compensation and does not provide broader industry context or trends.
Comparison to Industry Standards
- NA
Related Party Transactions
- Disposition of shares by an executive to satisfy tax obligations related to vested restricted stock units, a standard component of executive compensation.
Stakeholder Impact
- Shareholders: This is a routine insider transaction related to executive compensation and is generally not indicative of significant operational or strategic shifts, thus having minimal direct impact.
- Employees: No direct impact beyond the executive involved in the transaction.
Next Steps
- No specific future actions, events, or milestones are mentioned in this transactional filing.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of transaction (disposition of shares for tax withholding). |
| 07/03/2025 | Date the Form 4 was signed and filed. |
Keywords
Valley National Bancorp, VLY, Form 4, insider transaction, stock disposition, executive compensation, restricted stock units, tax withholding, John P. Regan
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