Valley National Bancorp Reports on Security Holder Votes

TL;DR

VLY held a shareholder vote on 5/21. Standard governance stuff.

AI Summary

Valley National Bancorp filed an 8-K on May 21, 2024, to report on matters submitted to a vote of its security holders. The filing details events that occurred on May 21, 2024, and was submitted to the SEC on May 22, 2024. The company is incorporated in New Jersey and its principal executive offices are located in New York, NY.

Why It Matters

This filing indicates that Valley National Bancorp held a vote of its security holders, which is a standard corporate governance procedure that can impact company direction and shareholder rights.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting a vote of security holders, which typically does not involve significant new financial or strategic information.

Key Players & Entities

• VALLEY NATIONAL BANCORP (company) — Registrant
• May 21, 2024 (date) — Date of earliest event reported
• May 22, 2024 (date) — Filing date
• New Jersey (jurisdiction) — State of Incorporation
• One Penn Plaza, New York, New York 10119 (address) — Principal Executive Offices
• (973) 305-8800 (phone_number) — Registrant's telephone number

FAQ

Filing Documents

• vly-20240521.htm (8-K) — 82KB
• 0000714310-24-000086.txt ( ) — 263KB
• vly-20240521.xsd (EX-101.SCH) — 3KB
• vly-20240521_def.xml (EX-101.DEF) — 18KB
• vly-20240521_lab.xml (EX-101.LAB) — 32KB
• vly-20240521_pre.xml (EX-101.PRE) — 18KB
• vly-20240521_htm.xml (XML) — 5KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. Valley National Bancorp (the "Company") held its Annual Meeting of Shareholders on May 21, 2024 (the "Meeting"). On the record date of March 25, 2024, there were 508,893,059 shares of the Company's common stock outstanding. A total of 458,491,701 shares were present or represented by proxy at the Meeting. The Company's shareholders took the following actions: Proposal #1 – Voted on the election of 14 persons, named in the Proxy Statement, to serve as directors of the Company for the ensuing year constituting the entire Board of Directors. The following is a list of directors elected at the Annual Meeting with the number of votes "For," "Against," "Abstain" and "Broker Non-Votes," as well as the percentage of votes cast "For" each director nominee. Name For % For Against Abstain Broker Non-Votes Andrew B. Abramson 390,638,597 97.86 8,518,230 865,075 58,469,799 Peter J. Baum 392,739,451 98.42 6,291,245 991,206 58,469,799 Eric P. Edelstein 392,249,627 98.29 6,790,344 981,931 58,469,799 Dafna Landau 392,057,518 98.24 6,991,065 973,319 58,469,799 Marc J. Lenner 386,016,542 96.74 12,977,487 1,027,873 58,469,799 Peter V. Maio 395,867,224 99.21 3,117,052 1,037,626 58,469,799 Avner Mendelson 393,190,892 98.52 5,892,173 938,837 58,469,799 Kathleen C. Perrott 396,119,239 99.23 3,048,901 853,762 58,469,799 Ira Robbins 388,458,209 97.29 10,808,926 754,767 58,469,799 Suresh L. Sani 390,885,235 97.94 8,185,485 951,182 58,469,799 Lisa J. Schultz 393,215,278 98.49 6,002,576 804,048 58,469,799 Jennifer W. Steans 395,178,982 98.99 4,021,045 821,875 58,469,799 Jeffrey S. Wilks 378,102,152 94.74 20,981,552 938,198 58,469,799 Dr. Sidney S. Williams, Jr. 394,492,799 98.84 4,618,098 911,005 58,469,799 Proposal #2 – Approved, on an advisory basis, the compensation of the Company's named executive officers. The number of shares voted "For" and "Against" this proposal, as well as the number of abstentions and

View Full Filing

View this 8-K filing on SEC EDGAR