Vornado (NYSE: VNO) director adds 30,000 shares at $25.55

Rhea-AI Filing Summary

Vornado Realty Trust director Daniel R. Tisch purchased additional stock in the company. He made an open-market purchase of 30,000 Common Shares of beneficial interest at a weighted average price of $25.55 per share, with individual trade prices ranging from $25.40 to $25.70.

Following this transaction, Tisch directly owns 215,000 Common Shares. This filing highlights a net increase in his personal stake in Vornado Realty Trust through open-market buying.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

TISCH DANIEL R

(Last) (First) (Middle)

C/O VORNADO REALTY TRUST

888 SEVENTH AVENUE

(Street)

NEW YORK NY 10019

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VORNADO REALTY TRUST [ VNO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares(1)	03/12/2026		P		30,000	A	$25.55(2)	215,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Common shares of beneficial interest, par value $.04 per share (the "Common Shares") of Vornado Realty Trust (the "Company").

2. Represents weighted average purchase price. These Common Shares were purchased at prices ranging from $25.40 to $25.70, 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.

	/s/ Ryan Saum, Attorney-in-Fact	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Vornado Realty Trust (VNO) report for Daniel R. Tisch?

Vornado Realty Trust reported that director Daniel R. Tisch bought 30,000 Common Shares in an open-market transaction. These purchases occurred at prices between $25.40 and $25.70 per share, reflecting a weighted average purchase price of $25.55.

At what price did Daniel R. Tisch buy Vornado (VNO) shares in this Form 4?

Daniel R. Tisch bought Vornado Common Shares at a weighted average price of $25.55 per share. The individual trades were executed within a range from $25.40 to $25.70 per share, as disclosed in the Form 4 footnotes.

How many Vornado Realty Trust (VNO) shares does Daniel R. Tisch own after this transaction?

After the reported purchase, Daniel R. Tisch directly owns 215,000 Common Shares of Vornado Realty Trust. This figure reflects his position following the acquisition of 30,000 shares in the open market disclosed in the Form 4 filing.

Was the Vornado (VNO) insider transaction a purchase or a sale?

The insider transaction was a purchase. Director Daniel R. Tisch executed an open-market buy of 30,000 Common Shares of Vornado Realty Trust, increasing his direct holdings to a total of 215,000 shares after the transaction.

What does the Form 4 footnote reveal about Vornado (VNO) share purchase pricing?

The footnote explains that the $25.55 figure is a weighted average price. It states that the 30,000 Vornado Common Shares were bought in multiple trades at prices ranging from $25.40 to $25.70 per share, inclusive.