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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) August 20, 2024

Valley National Bancorp
(Exact Name of Registrant as Specified in Charter)

New Jersey
1-11277
22-2477875
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(I.R.S. Employer
Identification Number)
One Penn Plaza,
New York,
New York
10119
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code (973) 305-8800

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolsName of exchange on which registered
Common Stock, no par valueVLYThe Nasdaq Stock Market LLC
Non-Cumulative Perpetual Preferred Stock, Series A, no par valueVLYPPThe Nasdaq Stock Market LLC
Non-Cumulative Perpetual Preferred Stock, Series B, no par valueVLYPOThe Nasdaq Stock Market LLC
Non-Cumulative Perpetual Preferred Stock, Series C, no par valueVLYPNThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On August 20, 2024, pursuant to the terms of the Investor Rights Agreement, dated as of April 1, 2022, by and between Valley National Bancorp (the “Company”) and Bank Leumi Le-Israel B.M. (“Bank Leumi”), Bank Leumi notified the Company that it intends to seek appointment of a new designee to the board of directors (the “Board”) of the Company in Dafna Landau’s place (the “Notice”). Ms. Landau, who was appointed to the Board as the designee of Bank Leumi, has separated from employment with Bank Leumi, and in connection with the Notice, Ms. Landau has tendered her resignation from the Board. Ms. Landau’s resignation will be effective upon the appointment of Bank Leumi’s new designee, which is expected to occur in the fourth quarter 2024. Ms. Landau’s resignation from the Board is not due to any disagreement between Ms. Landau and the Company, Valley National Bank or management.








SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: August 23, 2024
VALLEY NATIONAL BANCORP
By:
/s/ Gary G. Michael
Gary G. Michael
Executive Vice President, General Counsel
and Corporate Secretary




v3.24.2.u1
Cover
Aug. 20, 2024
Document Information [Line Items]  
Document Type 8-K
Document Period End Date Aug. 20, 2024
Entity Registrant Name Valley National Bancorp
Entity Incorporation, State or Country Code NJ
Entity File Number 1-11277
Entity Tax Identification Number 22-2477875
Entity Address, Address Line One One Penn Plaza,
Entity Address, City or Town New York,
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10119
City Area Code 973
Local Phone Number 305-8800
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0000714310
Amendment Flag false
The Nasdaq Stock Market LLC | Common Stock, no par value  
Document Information [Line Items]  
Title of 12(b) Security Common Stock, no par value
Trading Symbol VLY
Security Exchange Name NASDAQ
The Nasdaq Stock Market LLC | Non-Cumulative Perpetual Preferred Stock, Series A, no par value  
Document Information [Line Items]  
Title of 12(b) Security Non-Cumulative Perpetual Preferred Stock, Series A, no par value
Trading Symbol VLYPP
Security Exchange Name NASDAQ
The Nasdaq Stock Market LLC | Non-Cumulative Perpetual Preferred Stock, Series B, no par value  
Document Information [Line Items]  
Title of 12(b) Security Non-Cumulative Perpetual Preferred Stock, Series B, no par value
Trading Symbol VLYPO
Security Exchange Name NASDAQ
The Nasdaq Stock Market LLC | Non-Cumulative Perpetual Preferred Stock, Series C, no par value  
Document Information [Line Items]  
Title of 12(b) Security Non-Cumulative Perpetual Preferred Stock, Series C, no par value
Trading Symbol VLYPN
Security Exchange Name NASDAQ
Valley National Bancorp (NASDAQ:VLYPP)
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