Vornado director sells 133,350 common shares
Vornado Realty Trust director Michael D. Fascitelli reported open‑market sales of 133,350 common shares of the company.
Rhea-AI Filing Summary
Vornado Realty Trust director Michael D. Fascitelli reported open‑market sales of 133,350 common shares of the company. He sold 125,350 common shares at a weighted average price of $36.57 per share and 8,000 common shares at a weighted average price of $37.34 per share.
After these transactions, he directly owns 475,161 common shares. Additional indirect holdings are reported as 175,878 common shares held by an LLC, 250,000 common shares held by a November 2025 GRAT, and 110,980 common shares held by a May 2025 GRAT, with a footnote stating he disclaims beneficial ownership of those indirect positions except to the extent of his pecuniary interest.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 133,350 shares
Net Sell
5 txns
Insider
Fascitelli Michael D
Role
Director
Sold
133,350 shs ($4.88M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 125,350 | $36.57 | $4.58M |
| Sale | Common Shares | 8,000 | $37.34 | $299K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 475,161 shares (Direct);
Common Shares — 110,980 shares (Indirect, Held by May 2025 GRAT);
Common Shares — 250,000 shares (Indirect, Held by Nov 2025 GRAT);
Common Shares — 175,878 shares (Indirect, Held by LLC)
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 sale price. These Common Shares were sold at prices ranging from $36.31 to $37.25, inclusive. Full information regarding the number of shares sold 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 sale price. These Common Shares were sold at prices ranging from $37.26 to $37.56, inclusive. Full information regarding the number of shares sold 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. Mr. Fascitelli disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Fascitelli is the beneficial owner of these securities for the purpose, except to the extent of the Mr. Fascitelli's pecuniary interest.
Key Figures
Shares sold (block 1): 125,350 shares
Shares sold (block 2): 8,000 shares
Total shares sold: 133,350 shares
+4 more
7 metrics
Shares sold (block 1)
125,350 shares
Open-market sale at $36.57 weighted average
Shares sold (block 2)
8,000 shares
Open-market sale at $37.34 weighted average
Total shares sold
133,350 shares
Two open-market sale transactions on 2026-06-17
Direct holdings after transaction
475,161 shares
Common shares owned directly after sales
Indirect LLC holdings
175,878 shares
Common shares held by LLC
Indirect Nov 2025 GRAT holdings
250,000 shares
Common shares held by Nov 2025 GRAT
Indirect May 2025 GRAT holdings
110,980 shares
Common shares held by May 2025 GRAT
Key Terms
weighted average sale price, beneficial ownership, GRAT, open-market sale
4 terms
weighted average sale price financial
"Represents weighted average sale price. These Common Shares were sold at prices ranging from $36.31 to $37.25, inclusive."
beneficial ownership financial
"Mr. Fascitelli disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Fascitelli is the beneficial owner"
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.
GRAT financial
"nature_of_ownership": "Held by Nov 2025 GRAT""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vornado Realty Trust (VNO) disclose for Michael D. Fascitelli?
Vornado Realty Trust disclosed that director Michael D. Fascitelli sold 133,350 common shares in open‑market transactions. The filing reports two weighted average sale prices and updates his direct and indirect ownership positions after these sales.
What indirect Vornado (VNO) holdings are associated with Michael D. Fascitelli?
The filing lists indirect holdings of 175,878 common shares held by an LLC, 250,000 common shares held by a November 2025 GRAT, and 110,980 common shares held by a May 2025 GRAT, in addition to his reported direct ownership.
Does Michael D. Fascitelli claim full beneficial ownership of his indirect Vornado (VNO) holdings?
A footnote states that Michael D. Fascitelli disclaims beneficial ownership of the indirectly held securities and that the report should not be deemed an admission of beneficial ownership, except to the extent of his pecuniary interest in those holdings.
How were the sale prices for Michael D. Fascitelli’s Vornado (VNO) transactions reported?
The sale prices were reported as weighted average sale prices. One block was sold between $36.31 and $37.25 per share, and the other between $37.26 and $37.56 per share, with full breakdowns available upon request as noted in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
