EFRAT EYAL 4

What Happened
Efrat Eyal, a director of Valley National Bancorp (VLY), received an award of 8,121 restricted stock units (RSUs) on 2026-05-18. The Form 4 reports the acquisition as 8,121 shares at $0.00 (total reported value $0) under an award/grant (transaction code A). This is a director compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (timely filing).
• Shares/units granted: 8,121 RSUs; reported price: $0.00; reported total: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: RSUs awarded under the Valley National Bancorp 2023 Incentive Compensation Plan; the award vests in one year, subject to certain exceptions (Footnote F1).
• Transaction type: A = Award/Grant. No 10b5-1, tax-withholding, or sale details were disclosed in this filing.

Context
RSU awards are a form of compensation that typically convert to common shares only after vesting (here, generally one year), so they are not an immediate purchase signal. Such grants are common for directors and executives and do not necessarily indicate a short-term market view. The Form 4 records the grant but does not imply immediate liquidity or sale of shares.