SANDOR NITZAN 4

What Happened Sandor Nitzan, a director of Valley National Bancorp (VLY), was granted 8,121 restricted stock units (RSUs) on 2026-05-18. The award is recorded at $0.00 (non-cash compensation) and will vest in one year, subject to certain exceptions. This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-18 (reported on Form 4 filed 2026-05-19).
• Transaction type/code: Grant/Award (A).
• Shares/units granted: 8,121 RSUs; acquisition price reported as $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs awarded under the Valley National Bancorp 2023 Incentive Compensation Plan; award vests in one year, subject to certain exceptions.
• Timeliness: Filing appears timely (transaction reported the next day); no late filing indication.

Context RSUs are a form of equity compensation that convert to actual shares (or cash equivalent) when they vest; they are typical for aligning management/director incentives with shareholders and do not represent an immediate market buy or sell. Because this is an award, it reflects compensation policy rather than a direct signal of insider buying or selling intentions.