8-K
filed April 28, 2023, 7:59 PM ET
ticker VLY
CIK 0000714310
other
confidence high
sentiment neutral
materiality 0.15
Valley National shareholders elect directors, approve 2023 incentive plan at annual meeting
VALLEY NATIONAL BANCORP
- All 13 director nominees elected with >90% support; Marc J. Lenner received 90.47% (lowest).
- Advisory vote on executive compensation approved with 98.03% of votes cast in favor.
- Shareholders voted 94.07% in favor of annual advisory votes on exec compensation (1-year frequency).
- KPMG ratified as independent auditor for FY2023 with 99.43% of votes cast.
- Valley National Bancorp 2023 Incentive Compensation Plan approved with 94.83% support.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
VALLEY NATIONAL BANCORP shareholders approved Election of 13 directors at the 2023-04-25 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-04-25
Exact text from the filing
The Company held its Annual Meeting of Shareholders on April 25, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
VALLEY NATIONAL BANCORP shareholders approved Advisory vote on executive compensation at the 2023-04-25 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-04-25
Exact text from the filing
Approved, on an advisory basis, the compensation of the Company's named executive officers.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
VALLEY NATIONAL BANCORP shareholders approved Advisory vote on frequency of say-on-pay (1, 2, or 3 years) - preference for 1 year at the 2023-04-25 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-04-25
Exact text from the filing
Voted, on an advisory basis, in favor of holding an advisory vote on executive compensation every "1 Year."
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
VALLEY NATIONAL BANCORP shareholders approved Approval of Valley National Bancorp 2023 Incentive Compensation Plan at the 2023-04-25 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-04-25
Exact text from the filing
Approved the Valley National Bancorp 2023 Incentive Compensation Plan.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
VALLEY NATIONAL BANCORP shareholders approved Ratification of KPMG LLP as independent auditor at the 2023-04-25 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-04-25
Exact text from the filing
Ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.
View on SEC.gov
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