{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-092782","form_type":"8-K","ticker":"VLY","cik":"0000714310","company_name":"VALLEY NATIONAL BANCORP","filed_at":"2022-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.442127+00:00","generated_at":"2026-06-26T11:13:42.786665+00:00","sec_items":["1.01","2.01","3.02","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Valley National Bancorp completes acquisition of Bank Leumi USA for ~$1.2B","bullets":["Total consideration: ~85M shares of Valley common stock + $113M cash, valued at ~$1.2B.","Bank Leumi USA held $8.3B assets, $5.8B commercial loans, $7.1B low-cost deposits as of Dec 31, 2021.","Former Bank Leumi CEO Avner Mendelson joins Valley Board as Vice-Chairman; Ronen Agassi also appointed.","Investor rights agreement with parent BLITA includes director designation rights and a 4-year lock-up period.","Acquisition adds technology and private banking capabilities, enhancing Valley's commercial banking footprint."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-092782","json":"https://secwatch.observer/filing/0001193125-22-092782.json","markdown":"https://secwatch.observer/filing/0001193125-22-092782.md","text":"https://secwatch.observer/filing/0001193125-22-092782.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714310/000119312522092782/0001193125-22-092782-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714310/000119312522092782/d330167d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T11:13:42.786665+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"20b230c155","claim":"Avner Mendelson was appointed as director at VALLEY NATIONAL BANCORP.","evidence_excerpt":"Avner Mendelson and Ronen Agassi (collectively, the “New Directors”) being appointed to fill the newly created vacancies on the Valley Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/714310/000119312522092782/0001193125-22-092782-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"d5ea88f914","claim":"Ronen Agassi was appointed as director at VALLEY NATIONAL BANCORP.","evidence_excerpt":"Avner Mendelson and Ronen Agassi (collectively, the “New Directors”) being appointed to fill the newly created vacancies on the Valley Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/714310/000119312522092782/0001193125-22-092782-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}