Form 4: Valley National Bancorp Executive Reports Stock Transaction

Valley National Bancorp's SEVP, Chief Risk Officer, John P. Regan, reported a transaction involving the withholding of shares for tax obligations.

Summary

• John P. Regan, SEVP and Chief Risk Officer of Valley National Bancorp, engaged in a transaction on July 1, 2026.
• This transaction involved 4,907 shares of common stock, acquired at a price of $14.65 per share.
• These shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units.
• Following this transaction, Mr. Regan beneficially owns 64,668 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard administrative transaction related to executive compensation and tax obligations, rather than a strategic business event.

Positives

• The transaction was conducted under a plan intended to satisfy Rule 10b5-1(c) affirmative defense conditions, suggesting pre-planned trading.
• The withholding of shares for tax purposes is a standard procedure upon vesting of restricted stock units.

Negatives

• The filing does not explicitly state the value of the vested restricted stock units, only the number of shares withheld for taxes.

Risks

• The filing does not mention any specific risks associated with this transaction.

Future Outlook

This filing is a statement of changes in beneficial ownership and does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for corporate insiders and reflect standard compensation and tax management practices within the banking industry.

Comparison to Industry Standards

• This type of transaction (withholding shares for tax obligations upon vesting of RSUs) is a common practice across the financial services industry, including at major banks like JPMorgan Chase, Bank of America, and Wells Fargo.

Stakeholder Impact

• Shareholders: No immediate impact expected, as this is a standard compensation-related transaction. Transparency is maintained through the filing.
• Employees: The transaction relates to executive compensation, specifically the vesting of restricted stock units for a key officer.
• Management: Reflects the ongoing compensation structure for senior executives.

Next Steps

• Continued monitoring of insider transactions for any significant shifts in beneficial ownership.

Key Dates

Keywords

Valley National Bancorp, VLY, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership, John P. Regan