Vornado director linked to 4,000 preferred share buys
Vornado Realty Trust director Russell B. Wight Jr. reported indirect open-market purchases of multiple preferred share series on June 8, 2026.
Rhea-AI Filing Summary
Vornado Realty Trust director Russell B. Wight Jr. reported indirect open-market purchases of multiple preferred share series on June 8, 2026. Accounts held by his child bought 1,000 Preferred Shares Series O at $15.0014, 1,000 Series N at $17.4371, 1,000 Series M at $17.6250, and 1,000 Series L at $17.6900.
After these trades, the child-held accounts owned 4,000 Series O, 13,000 Series N, 10,673 Series M, and 2,000 Series L preferred shares. A footnote states that Wight Jr. disclaims beneficial ownership of these securities and that the report is not an admission of beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares
Net Buy
4 txns
Insider
WIGHT RUSSELL B JR
Role
Director
Bought
4,000 shs ($68K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Preferred Shares Series L | 1,000 | $17.69 | $18K |
| Purchase | Preferred Shares Series M | 1,000 | $17.625 | $18K |
| Purchase | Preferred Shares Series N | 1,000 | $17.4371 | $17K |
| Purchase | Preferred Shares Series O | 1,000 | $15.0014 | $15K |
Holdings After Transaction:
Preferred Shares Series L — 2,000 shares (Indirect, Held by Child);
Preferred Shares Series M — 10,673 shares (Indirect, Held by Child);
Preferred Shares Series N — 13,000 shares (Indirect, Held by Child);
Preferred Shares Series O — 4,000 shares (Indirect, Held by Child)
Footnotes (1)
- F1. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities for the purpose of Section 16 or any other purpose.
Key Figures
Series O shares bought: 1,000 shares at $15.0014
Series N shares bought: 1,000 shares at $17.4371
Series M shares bought: 1,000 shares at $17.6250
+5 more
8 metrics
Series O shares bought
1,000 shares at $15.0014
Preferred Shares Series O open-market buy on June 8, 2026
Series N shares bought
1,000 shares at $17.4371
Preferred Shares Series N open-market buy on June 8, 2026
Series M shares bought
1,000 shares at $17.6250
Preferred Shares Series M open-market buy on June 8, 2026
Series L shares bought
1,000 shares at $17.6900
Preferred Shares Series L open-market buy on June 8, 2026
Total preferred shares bought
4,000 shares
Sum of four 1,000-share open-market purchases
Series O holdings after trades
4,000 shares
Indirect holdings following June 8, 2026 purchases
Series N holdings after trades
13,000 shares
Indirect holdings following June 8, 2026 purchases
Series M holdings after trades
10,673 shares
Indirect holdings following June 8, 2026 purchases
Key Terms
open-market purchase, indirect ownership, beneficial ownership, Preferred Shares Series O, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for each preferred share transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "Held by Child""
beneficial ownership financial
"footnote stating the Reporting Person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"footnote reference to "for the purpose of Section 16 or any other purpose""
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Vornado Realty Trust (VNO) report for Russell B. Wight Jr.?
Vornado director Russell B. Wight Jr. reported indirect open-market purchases of four preferred share series. Accounts held by his child bought 1,000 shares each of Series O, N, M, and L on June 8, 2026, at prices between $15.0014 and $17.6900 per share.
Are the Vornado (VNO) insider purchases held directly by Russell B. Wight Jr.?
The shares are reported as held indirectly, described as "Held by Child." A footnote states that Wight Jr. disclaims beneficial ownership of these securities and that the report should not be deemed an admission that he is their beneficial owner for Section 16 or any other purpose.
Were the Vornado (VNO) insider transactions open-market purchases or another type?
Each transaction is classified as an open-market purchase of non-derivative securities. The Form 4 describes them with transaction code P, indicating purchases in the open market or private transactions, rather than option exercises, gifts, tax withholdings, or derivative-related activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
