---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-23-006114"
form_type: "8-K"
ticker: "VLY"
cik: "0000714310"
company_name: "VALLEY NATIONAL BANCORP"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:58:03.953167+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Valley National shareholders elect directors, approve 2023 incentive plan at annual meeting

## Summary
- 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.

## SEC filing metadata
- accession: 0001214659-23-006114
- form_type: 8-K
- ticker: VLY
- cik: 0000714310
- company_name: VALLEY NATIONAL BANCORP
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714310/000121465923006114/0001214659-23-006114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714310/000121465923006114/r4272308k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-23-006114
- JSON: https://secwatch.observer/filing/0001214659-23-006114.json
- Plain text: https://secwatch.observer/filing/0001214659-23-006114.txt

## Key facts
- Shareholder Votes
  VALLEY NATIONAL BANCORP shareholders approved Election of 13 directors at the 2023-04-25 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-04-25
  source text: The Company held its Annual Meeting of Shareholders on April 25, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/714310/000121465923006114/0001214659-23-006114-index.htm
- Shareholder Votes
  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
  source text: Approved, on an advisory basis, the compensation of the Company's named executive officers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/714310/000121465923006114/0001214659-23-006114-index.htm
- Shareholder Votes
  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
  source text: Voted, on an advisory basis, in favor of holding an advisory vote on executive compensation every "1 Year."
  evidence_url: https://www.sec.gov/Archives/edgar/data/714310/000121465923006114/0001214659-23-006114-index.htm
- Shareholder Votes
  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
  source text: Approved the Valley National Bancorp 2023 Incentive Compensation Plan.
  evidence_url: https://www.sec.gov/Archives/edgar/data/714310/000121465923006114/0001214659-23-006114-index.htm
- Shareholder Votes
  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
  source text: Ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/714310/000121465923006114/0001214659-23-006114-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.