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Veris Residential (VRE) files Form 144/A for 10,204-share sale

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

Veris Residential, Inc. (VRE) filed a Form 144/A reporting a proposed sale of 10,204 common shares through Morgan Stanley Smith Barney LLC with an approximate aggregate market value of $153,468.16, targeted for 10/02/2025. The filer states these shares were acquired in an open-market purchase on 07/27/2018 and paid for in cash.

The filing also lists multiple recent dispositions by related entities MIRELF VI REIT INVESTMENT II, LLC and MIRELF VII US SECURITIES LLC between 09/09/2025 and 10/01/2025, with individual trade proceeds ranging from about $232,632 to $1,846,956.29. The notice includes the seller's standard representation that no undisclosed material adverse information is known.

Positive

  • Rule 144 notice filed for a clear, brokered sale of 10,204 shares
  • Securities were paid in cash and were acquired in the open market on 07/27/2018

Negative

  • Multiple large recent dispositions by related entities between 09/09/2025 and 10/01/2025 with gross proceeds up to $1,846,956.29
  • No 10b5-1 plan adoption date disclosed, so trading-plan protection is not asserted in this notice

Insights

Planned officer/affiliate sale is modest but follows significant recent dispositions.

The planned sale of 10,204 shares ($153,468.16) is a direct notice under Rule 144 and will likely trade through a broker on the NYSE. The shares were purchased on 07/27/2018 in the open market, which indicates these are not freshly issued securities.

Related entities recorded multiple large sales from 09/09/2025 to 10/01/2025 with gross proceeds per trade up to $1.85M, which may reflect portfolio rebalancing or liquidity needs; monitor near-term daily volume and price impact around 10/02/2025.

Filing follows Rule 144 mechanics and includes the required certification about material non-public information.

The signature block includes the standard attestation that the seller is unaware of undisclosed material adverse information, and mentions Rule 10b5-1 only if a plan was adopted. No trading-plan date is disclosed, so trading-plan protections are not asserted here.

Investors should note the absence of a disclosed 10b5-1 adoption date; if monitoring insider liquidity programs, look for future filings that state plan adoption or amendment dates.

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature

FAQ

What does Veris Residential (VRE) report on Form 144/A?

The filing notifies a proposed sale of 10,204 common shares through Morgan Stanley Smith Barney LLC with aggregate market value $153,468.16 planned for 10/02/2025.

When were the shares being sold originally acquired?

The filing states the shares were acquired via an open-market purchase on 07/27/2018 and paid in cash.

Have related entities recently sold VRE shares?

Yes. Multiple sales by MIRELF VI REIT INVESTMENT II, LLC and MIRELF VII US SECURITIES LLC occurred between 09/09/2025 and 10/01/2025, with individual gross proceeds ranging from ~$232k to ~$1.85M.

Will the planned sale occur on an exchange?

Yes. The notice lists the NYSE as the named securities exchange for the proposed sale.

Does the filer assert a Rule 10b5-1 trading plan?

No trading-plan adoption date is provided in the notice; the filing only references the Rule 10b5-1 mechanics in the attestation language.
Veris Residential Inc

NYSE:VRE

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1.36B
78.82M
9.63%
101.03%
3.86%
REIT - Residential
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United States
JERSEY CITY