T. Rowe Price reports 5.1% stake in Vornado

T. Rowe Price Associates, Inc. reported beneficial ownership of 9,547,152 shares of Vornado Realty Trust common stock, representing 5.1% of the class.

Rhea-AI Filing Summary

T. Rowe Price Associates, Inc. reported beneficial ownership of 9,547,152 shares of Vornado Realty Trust common stock, representing 5.1% of the class. The firm has sole voting power over 9,518,879 shares and sole dispositive power over 9,547,152 shares, with no shared voting or dispositive power. T. Rowe Price Associates states that this reporting should not be construed as an admission that it is the beneficial owner of these securities, and it expressly denies such beneficial ownership.

Key Figures

Shares beneficially owned: 9,547,152 shares Percent of class: 5.1% Sole voting power: 9,518,879 shares +4 more

7 metrics

Shares beneficially owned 9,547,152 shares Amount beneficially owned by T. Rowe Price Associates, Inc.

Percent of class 5.1% Portion of Vornado Realty Trust common stock reported as owned

Sole voting power 9,518,879 shares Shares over which T. Rowe Price has sole power to vote

Shared voting power 0 shares Shares over which T. Rowe Price has shared power to vote

Sole dispositive power 9,547,152 shares Shares over which T. Rowe Price has sole power to dispose

Shared dispositive power 0 shares Shares over which T. Rowe Price has shared power to dispose

Citizenship or organization Maryland Jurisdiction of T. Rowe Price Associates, Inc.

Key Terms

beneficially owned, Percent of class, Sole voting power, Sole dispositive power, +1 more

5 terms

beneficially owned financial

"Amount beneficially owned: 9547152"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Percent of class financial

"Percent of class: 5.1 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

Sole voting power financial

"Sole power to vote or to direct the vote: 9518879"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole dispositive power financial

"Sole power to dispose or to direct the disposition of: 9547152"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

beneficial owner financial

"not be construed as an admission that Price Associates is the beneficial owner"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake in VNO does T. Rowe Price Associates, Inc. report on this Schedule 13G?

T. Rowe Price Associates, Inc. reports beneficial ownership of 9,547,152 Vornado Realty Trust shares, representing 5.1% of the outstanding class. This level of holding makes it a significant institutional holder of the company’s stock.

How much voting power in Vornado Realty Trust (VNO) does T. Rowe Price control?

T. Rowe Price Associates, Inc. reports sole voting power over 9,518,879 shares of Vornado Realty Trust and shared voting power over 0 shares. This indicates that voting authority for these shares is held exclusively by T. Rowe Price.

What is the percentage of class owned by T. Rowe Price in Vornado Realty Trust (VNO)?

The filing states that T. Rowe Price Associates, Inc. holds 5.1% of Vornado Realty Trust’s outstanding common stock. This percentage is based on the issuer’s total shares and qualifies T. Rowe Price as a major institutional holder.

Does T. Rowe Price Associates, Inc. claim beneficial ownership of its VNO shares?

T. Rowe Price Associates, Inc. expressly denies beneficial ownership of the reported Vornado Realty Trust securities. It states that the filing should not be construed as an admission that it is the beneficial owner of these shares.

What dispositive power over Vornado Realty Trust (VNO) shares does T. Rowe Price report?

T. Rowe Price Associates, Inc. reports sole dispositive power over 9,547,152 shares of Vornado Realty Trust and no shared dispositive power. Sole dispositive power means it can decide if and when these shares are sold or otherwise disposed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 10:39 AM Accepted by SEC EDGAR 08/14/2026 - 10:38 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

VORNADO REALTY TRUST

(Name of Issuer)

REIT

(Title of Class of Securities)

929042109

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 929042109

1

Names of Reporting Persons

T. Rowe Price Associates, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MARYLAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 9,518,879.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,547,152.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,547,152.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: VORNADO REALTY TRUST
(b)	Address of issuer's principal executive offices: 888 SEVENTH AVE, NEW YORK, NY, 10019
Item 2.
(a)	Name of person filing: T. Rowe Price Associates, Inc.
(b)	Address or principal business office or, if none, residence: 1307 Point Street, Baltimore, MD 21231
(c)	Citizenship: Maryland
(d)	Title of class of securities: REIT
(e)	CUSIP Number(s): 929042109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 9547152
(b)	Percent of class: 5.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 9518879
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 9547152
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

T. Rowe Price Associates, Inc.

Signature:	Ellen York
Name/Title:	Vice President
Date:	08/14/2026