Last updated: 23 May 2024 at 12:36pm EST

Eric Edelstein Net Worth




The estimated Net Worth of Eric P Edelstein is at least $1.11 million dollars as of 14 March 2023. Mr. Edelstein owns over 20,000 units of Valley National Bancorp stock worth over $896,929 and over the last 20 years he sold VLY stock worth over $0. In addition, he makes $209,971 as Independent Director at Valley National Bancorp.

Mr. Edelstein VLY stock SEC Form 4 insiders trading

Eric has made over 4 trades of the Valley National Bancorp stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 20,000 units of VLY stock worth $203,000 on 14 March 2023.

The largest trade he's ever made was buying 30,000 units of Valley National Bancorp stock on 12 May 2020 worth over $220,800. On average, Eric trades about 2,250 units every 157 days since 2005. As of 14 March 2023 he still owns at least 110,732 units of Valley National Bancorp stock.

You can see the complete history of Mr. Edelstein stock trades at the bottom of the page.





Eric Edelstein biography

Eric P. Edelstein CPA serves as Independent Director of the Company. Mr. Edelstein is a former Director of Aeroflex, Incorporated and Computer Horizon Corp.; former Executive Vice President and Chief Financial Officer of Griffon Corporation (a diversified manufacturing and holding company), and a former Managing Partner at Arthur Andersen LLP (an accounting firm). Mr. Edelstein was employed by Arthur Andersen LLP for 30 years and held various roles in the accounting and audit division, as well as the management consulting division. He received his Bachelor’s Degree in Business Administration and his Master’s Degree in Professional Accounting from Rutgers University. With 30 years of experience as a practicing CPA and as a management consultant, Mr. Edelstein brings in-depth knowledge of generally accepted accounting and auditing standards as well as a wide range of business expertise to our Board. He has worked with audit committees and boards of directors in the past and provides Valley’s Board of Directors with extensive experience in auditing and preparation of financial statements.

What is the salary of Eric Edelstein?

As the Independent Director of Valley National Bancorp, the total compensation of Eric Edelstein at Valley National Bancorp is $209,971. There are 11 executives at Valley National Bancorp getting paid more, with Ira Robbins having the highest compensation of $3,967,050.



How old is Eric Edelstein?

Eric Edelstein is 70, he's been the Independent Director of Valley National Bancorp since 2003. There are 4 older and 24 younger executives at Valley National Bancorp. The oldest executive at Valley National Bancorp is Graham Jones, 75, who is the Director.

What's Eric Edelstein's mailing address?

Eric's mailing address filed with the SEC is C/O VALLEY NATIONAL BANCORP, ONE PENN PLAZA, NEW YORK, NY, 10119.

Insiders trading at Valley National Bancorp

Over the last 22 years, insiders at Valley National Bancorp have traded over $24,569,620 worth of Valley National Bancorp stock and bought 720,540 units worth $6,703,473 . The most active insiders traders include Jennifer W Steans, Gerald H Lipkin et Kevin J Lynch. On average, Valley National Bancorp executives and independent directors trade stock every 36 days with the average trade being worth of $184,291. The most recent stock trade was executed by Joseph Chillura on 14 June 2024, trading 10,000 units of VLY stock currently worth $65,700.



What does Valley National Bancorp do?

Valley National Bancorp operates as the holding company for Valley National Bank that provides various commercial, retail, insurance, and wealth management financial services products. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market accounts, as well as time deposits. The company also offers commercial and industrial, commercial real estate, residential mortgage, and automobile loans; loans secured by the cash surrender value of life insurance; home equity loans and lines of credit; and secured and unsecured other consumer loans. In addition, it invests in various types of securities and interest-bearing deposits with other banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, foreign exchange transactions, documentary collections, and foreign wire transfers services, as well as transaction accounts for non-resident aliens. Further, the company provides investment services for individuals and small to medium sized businesses; and trusts and custom -tailored investment strategies for retirement plans. Additionally, it offers trust services, which comprise living and testamentary trusts, investment management, custodial and escrow services, and estate administration primarily to individuals; property and casualty, life, health, and title insurance agency services; and health care equipment lending and other commercial equipment leasing services, as well as holds real estate related investments. Further, the company offers automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit facility services. It operates 226 branches located in New Jersey, New York, Florida, and Alabama. The company was founded in 1927 and is headquartered in New York, New York.



What does Valley National Bancorp's logo look like?

Valley National Bancorp logo

Complete history of Mr. Edelstein stock trades at Griffon, Valley National Bancorp et Valley National Bancorp

Date
#
Société
Initié
Trans.
Transaction
Actions Prix par action Prix ​​total Actions après Source
14 Mar 2023 Eric P Edelstein
Directeur
Acheter 20,000 $10.15 $203,000
14 Mar 2023
110,732
12 May 2020 Eric P Edelstein
Directeur
Acheter 30,000 $7.36 $220,800
12 May 2020
80,395
15 Nov 2012 Eric P Edelstein
Directeur
Acheter 2,000 $8.73 $17,460
15 Nov 2012
28,392
15 Nov 2012 Eric P Edelstein
Directeur
Acheter 2,000 $8.73 $17,460
15 Nov 2012
28,392


Valley National Bancorp executives and stock owners

Valley National Bancorp executives and other stock owners filed with the SEC include: