{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-193981","form_type":"8-K","ticker":"VLY","cik":"0000714310","company_name":"VALLEY NATIONAL BANCORP","filed_at":"2024-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.670976+00:00","generated_at":"2026-05-31T13:16:54.118549+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Valley National issues 6M shares of 8.25% Fixed-Rate Reset Preferred Series C","bullets":["Issued 6,000,000 shares of 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (Series C) at $25 liquidation preference per share.","Dividends fixed at 8.250% through September 29, 2029, then reset to 5-year UST rate plus 4.182% quarterly.","Series C ranks senior to common stock and on parity with existing Series A and B preferred stock.","Public offering underwritten by Morgan Stanley, BofA Securities, J.P. Morgan, UBS, Wells Fargo, and KBW."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-193981","json":"https://secwatch.observer/filing/0001193125-24-193981.json","markdown":"https://secwatch.observer/filing/0001193125-24-193981.md","text":"https://secwatch.observer/filing/0001193125-24-193981.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714310/000119312524193981/0001193125-24-193981-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714310/000119312524193981/d874734d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:16:54.118549+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}