Form 4: Trustco Bank Corp NY Director Acquires Shares
Statement of Changes in Beneficial Ownership
Director Lisa M. Lucarelli of Trustco Bank Corp NY has acquired 100 shares of common stock through a dividend reinvestment plan.
Summary
- Lisa M. Lucarelli, a Director at Trustco Bank Corp NY, acquired 100 shares of common stock on June 4, 2026.
- The acquisition was made through a dividend reinvestment and/or employee benefit plan with a dividend reinvestment feature.
- The purchase price was $52.29 per share.
- These shares are beneficially owned indirectly by the reporting person through an immediate family member.
- The filing also notes that the reporting person directly owns 3,013 shares of common stock.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates insider confidence through share acquisition, but it does not contain operational or financial performance data.
Positives
- Director's increased beneficial ownership in the company.
- Participation in a dividend reinvestment plan suggests a long-term investment strategy and confidence in the company's dividend payouts.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that insider purchases, especially by directors, can signal confidence in the company's future prospects within the banking sector.
Stakeholder Impact
- Shareholders may view this as a positive signal of insider confidence in the company's value and future performance.
- Employees participating in similar benefit plans may be encouraged by the director's participation.
Key Dates
| Date | Description |
|---|---|
| 06/04/2026 | Transaction date for the acquisition of 100 shares of common stock. |
| 06/08/2026 | Date of signature for the filing. |
Keywords
Trustco Bank Corp NY, TRST, Form 4, Insider Trading, Director, Common Stock, Dividend Reinvestment Plan, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.