Form 4: Valley National Bancorp Executive Sells Shares for Tax

Valley National Bancorp's Chief Risk Officer, John P. Regan, disposed of 1,835 common shares to cover tax withholding obligations related to performance stock units.

Summary

• John P. Regan, SEVP and Chief Risk Officer of Valley National Bancorp (VLY), reported a transaction involving the company's common stock.
• On February 2, 2026, Regan disposed of 1,835 shares of common stock.
• The shares were disposed of at a price of $12.46 per share.
• This transaction was identified as a 'F' transaction code, indicating shares withheld to satisfy tax withholding obligations.
• The withholding was related to the payout of performance stock units and is exempt under Rule 16b-3.
• Following this transaction, John P. Regan directly beneficially owns 51,610 shares of Valley National Bancorp common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine tax-related disposition of shares, not a discretionary sale, and therefore carries no significant positive or negative sentiment regarding the company's prospects.

Industry Context

StockSavvy.ai notes that this Form 4 filing details a routine, non-discretionary insider transaction. The disposition of shares to cover tax withholding obligations upon the vesting of performance stock units is a common occurrence for executives and is generally not indicative of a change in management's outlook or broader industry trends.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in the executive's confidence or the company's fundamentals.

Key Dates

Recommendation

This Form 4 filing reports a routine, non-discretionary sale of shares by an executive to cover tax obligations related to performance stock units. Such transactions are common and do not typically reflect a change in the executive's view of the company's prospects or its fundamental value. Therefore, this filing alone does not provide a basis for altering an existing investment thesis, warranting a 'hold' recommendation.

Keywords

VALLEY NATIONAL BANCORP, VLY, Form 4, Insider Transaction, Stock Sale, Tax Withholding, John P. Regan, Chief Risk Officer, Performance Stock Units