Robbins Ira 4

What Happened Ira Robbins, CEO of Valley National Bancorp (VLY), had a total of 38,617 shares withheld to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs). The withholdings occurred on 2026-02-02 at a per-share value of $12.46, for an aggregate value of $481,168 (three withholdings: 10,266 shares = $127,914; 15,091 shares = $188,034; 13,260 shares = $165,220). These transactions are tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction date: 2026-02-02; Filing date: 2026-02-04 (appears timely).
• Price per share: $12.46.
• Shares withheld: 10,266; 15,091; 13,260 — total 38,617.
• Total value withheld: $481,168.
• Filing footnotes indicate: F1 — shares withheld to satisfy tax withholding on RSU vesting (exempt under Rule 16b-3); F2 — totals adjusted for a non-reportable transfer; F3 — includes shares from the dividend reinvestment program since last Form 4.
• Shares owned after the transaction are not specified in the provided excerpt.

Context This is a routine tax-withholding transaction following RSU vesting (commonly done by withholding shares rather than selling on the open market). Such withholdings are administrative and do not necessarily signal a change in the insider’s view of the company. The filing shows the transactions were reported shortly after the vesting date and are exempt under Rule 16b-3.