Steans Jennifer W bought VLY
October 29, 2025 · Form 4 insider transaction
Steans Jennifer W bought 289,630 shares of Valley National Bancorp at $0.00 per share, a transaction worth N/A. The trade was recorded as gift and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The 868,890 shares held by the Steans 1996 Family Trust (the "Family Trust") were divided, in accordance with the terms of the Family Trust, in equal parts and for no consideration into three sub-trusts of the Family Trust, including the Jennifer W. Steans 1996 Exempt Trust, for which the reporting person serves as trustee (the "1996 Exempt Trust"). As a result, one-third of the shares (289,630 shares) previously held in the Family Trust are now held in the 1996 Exempt Trust. The reporting person does not serve as a trustee or otherwise possess investment control over the two other sub-trusts, and as a result, she no longer possesses beneficial ownership of the registrant's shares held by those sub-trusts.