MCCORMICK ROBERT J (President & CEO) exercised options at TRUSTCO BANK CORP N Y
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 11/25/2024ACC: 0001140361-24-047804
Officer· President & CEO
Since Nov 2018
-2.12K
Net shares
Net seller
$77.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
4.18K acquired · 6.30K disposed
Non-Derivative Transactions2
COMMON STOCK
Direct
Shares
+4.18K
Price / share
—
Trade value
—
% of position
1.5%
11/21/2024
282.75K→286.93K
COMMON STOCK
Direct
Shares
−2.12K
Price / share
$36.77
Trade value
$77.84K
% of position
0.7%
11/21/2024
286.93K→284.82K
Total
Net shares
+2.07K
Net value
-$77.84K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK Direct | 11/21/2024 | M · Option Exercise | +4.18K | — | — | 1.5% | 282.75K | 286.93K |
| COMMON STOCK Direct | 11/21/2024 | F · Tax Withholding | −2.12K | $36.77 | $77.84K | 0.7% | 286.93K | 284.82K |
| Total | +2.07K | -$77.84K | ||||||
Derivative Transactions1
RESTRICTED STOCK UNIT
Direct
Converts to
COMMON STOCK
4.18K shares
Shares
−4.18K
Strike price
Held after
8.37K
Exercisable
—
11/21/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNIT Direct | COMMON STOCK4.18K shares | 11/21/2024 | M · Option Exercise | −4.18K | — | 8.37K |
Non-Derivative Holdings (Post-Transaction)1
COMMON STOCK
IndirectShares owned89.05K
Total
89.05K indirect89.05K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| COMMON STOCK | 89.05K | Indirect |
| Total | 89.05K | 89.05K indirect |
Derivative Holdings (Post-Transaction)2
RESTRICTED STOCK UNIT
DirectUnderlying security
COMMON STOCK
Underlying shares
3.07K
Shares owned
3.07K
Exercise price
Expiration
—
Exercise window
—
RESTRICTED STOCK UNIT
DirectUnderlying security
COMMON STOCK
Underlying shares
10.45K
Shares owned
10.45K
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
13.52K
Owned
13.52K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| RESTRICTED STOCK UNIT Direct | COMMON STOCK | — | — | 3.07K | 3.07K | |
| RESTRICTED STOCK UNIT Direct | COMMON STOCK | — | — | 10.45K | 10.45K | |
| Total | 13.52K | 13.52K | ||||