SEVP Joseph Chillura sells 100,000 VLY shares across 2 transactions for $1.0M as stock rises 13.5% in 30 days
Joseph Chillura, Senior Executive Vice President of CML Banking at Valley National Bancorp, executed 2 separate sales totaling 100,000 shares for $1,030,500.00 on consecutive days (January 29–30, 2025) at a blended average price of $10.30. This reduces his post-transaction holdings to 445,249 shares, representing an 18.3% reduction from his prior 545,249 shares. The sale occurred after a significant 30-day rally of +13.5% and a 90-day gain of +9.1%, placing the stock at $10.28 currently, just 4.6% below its 52-week high of $10.78. With Valley National trading at a P/E of 15.58 and posting net income of $97,856,000.00, the fundamentals remain solid. The timing of this multi-transaction sale during a strong uptrend, combined with retention of a substantial remaining position (445,249 shares), merits monitoring of subsequent activity patterns and any material operational updates.