MAIO PETER V 4

What Happened

• Peter V. Maio, a director of Valley National Bancorp (VLY), received an award of 8,121 restricted stock units (transaction code A) on 2026-05-18. The award is recorded at $0.00 on the Form 4 (typical for RSU grants) and vests in one year, subject to certain exceptions per the filing.

Key Details

• Transaction date: 2026-05-18; filing date: 2026-05-19 (timely filing).
• Grant: 8,121 restricted stock units; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnote: RSUs were awarded under the Valley National Bancorp 2023 Incentive Compensation Plan and vest in one year, subject to exceptions.
• Transaction type: Award/Grant (A) — not an open-market purchase or sale.

Context

• RSUs are compensation that convert to shares when they vest; this award does not represent an immediate cash purchase or sale. Such grants are common for directors and executives as compensation and do not necessarily indicate the insider is buying or selling stock for investment reasons.