VAZQUEZ CARLOS J 4
Research Summary
AI-generated summary
Valley National (VLY) Director Carlos J. Vazquez Receives Award
What Happened Carlos J. Vazquez, a director of Valley National Bancorp (VLY), was granted 1,752 restricted stock units (RSUs) on 2026-01-27. The award was reported at $0.00 acquisition price (code A — grant/award). These RSUs are pro‑rated annual board awards granted automatically on appointment and vest in one year, subject to certain exceptions.
Key Details
- Transaction date: 2026-01-27 (reported on Form 4 filed 2026-01-28).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 1,752 RSUs; reported acquisition price: $0.00.
- Vesting: Award vests in one year (per footnote).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Pro‑rated annual RSU award granted automatically upon appointment under the 2023 Incentive Compensation Plan; vests in one year, subject to exceptions.
- Timeliness: Filing appears timely (transaction 2026-01-27, Form 4 filed 2026-01-28).
Context This is a standard director compensation award rather than a market purchase or sale. RSU grants compensate service and typically vest over time; they do not by themselves signal an immediate buy or sell. Retail investors should view this as routine board compensation unless accompanied by other insider buying or selling activity.