REGAN JOHN P 4

What Happened John P. Regan, SEVP and Chief Risk Officer of Valley National Bancorp (VLY), had 1,835 shares withheld on Feb 2, 2026 to satisfy tax withholding obligations related to the payout of performance stock units. The shares were valued at $12.46 each, for a total value of approximately $22,864. This was a tax-withholding disposition of award shares—not an open-market sale.

Key Details

• Transaction date: 2026-02-02; filing date: 2026-02-04 (timely filing).
• Shares withheld/disposed: 1,835 at $12.46 per share; total value ≈ $22,864.
• Shares owned after transaction: not stated in the provided excerpt — see the full Form 4 for total holdings.
• Transaction code: F (shares withheld to satisfy tax withholding).
• Footnote: F1 — Shares withheld to satisfy tax withholding obligations arising upon payout of performance stock units; transaction exempt under Rule 16b-3.
• Filing appears timely (reported within standard reporting window).

Context This was a routine tax-withholding action tied to the payout of performance stock units (PSUs). Such withholdings are common when awards vest and do not represent an open-market sale or a directional bet by the insider. For signaling purposes, outright purchases are generally more informative than award-related withholdings.