Vornado director buys 155,000 shares in market
Vornado Realty Trust director Daniel R. Tisch significantly increased his stake with a series of open-market purchases of Common Shares.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Vornado Realty Trust director Daniel R. Tisch significantly increased his stake with a series of open-market purchases of Common Shares. He bought 45,000 shares on February 27 at $27.70 per share, 40,000 shares on March 2 at $27.0875 per share, and 70,000 shares on March 3 at $26.30 per share. In total, he acquired 155,000 Common Shares, bringing his directly owned holdings to 185,000 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 70,000 | $26.30 | $1.84M |
| Purchase | Common Shares | 40,000 | $27.0875 | $1.08M |
| Purchase | Common Shares | 45,000 | $27.70 | $1.25M |
Footnotes (4)
- F1. Common shares of beneficial interest, par value $.04 per share (the "Common Shares") of Vornado Realty Trust (the "Company").
- F2. Represents weighted average purchase price. These Common Shares were purchased at prices ranging from $27.50 to $27.80, inclusive. Full information regarding the number of shares purchased at each separate price within the range will be provided upon request by the Reporting Person to the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company.
- F3. Represents weighted average purchase price. These Common Shares were purchased at prices ranging from $26.90 to $27.20, inclusive. Full information regarding the number of shares purchased at each separate price within the range will be provided upon request by the Reporting Person to the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company.
- F4. Represents weighted average purchase price. These Common Shares were purchased at prices ranging from $25.85 to $26.75, inclusive. Full information regarding the number of shares purchased at each separate price within the range will be provided upon request by the Reporting Person to the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did VNO director Daniel R. Tisch report?
What type of transactions did the Vornado (VNO) Form 4 filing disclose?
AI-generated analysis. How Rhea-AI works. Not financial advice.