Thomas O. Maggs - 21 Nov 2024 Form 4 Insider Report for TRUSTCO BANK CORP N Y (TRST)

Role
Director
Signature
/S/ MICHAEL M. OZIMEK, BY POWER OF ATTORNEY
Issuer symbol
TRST
Transactions as of
21 Nov 2024
Transactions value $
-$27,173
Form type
4
Filing time
25 Nov 2024, 16:35:19 UTC
Previous filing
21 Nov 2024
Next filing
20 Nov 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRST COMMON STOCK Options Exercise $0 +739 +4.42% $0.00 17.5K 21 Nov 2024 Direct F1, F2, F3
transaction TRST COMMON STOCK Disposed to Issuer -$27.2K -739 -4.23% $36.77 16.7K 21 Nov 2024 Direct F1, F3
holding TRST COMMON STOCK 218 21 Nov 2024 BY FAMILY

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TRST RESTRICTED STOCK UNIT Options Exercise $0 -739 -100% $0.00 0 21 Nov 2024 COMMON STOCK 739 $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects cash settlement of restricted stock units that settled only for cash.
F2 Each restricted stock unit represents a contingent right to receive a payment in cash equal to the value of one share of Issuer Common Stock on the settlement date.
F3 The restricted stock units awarded November 21, 2023 "vested" on November 21, 2024 and were settled in cash.

Remarks:

ADDITIONAL SHARES ACQUIRED BY REPORTING PERSON'S PARTICIPATION IN DIVIDEND REINVESTMENT AND/OR EMPLOYEE BENEFIT PLAN WITH DIVIDEND REINVESTMENT FEATURE.