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Veris Residential (VRE) Form 144 Discloses Multiple Affiliate Sales in Sept 2025

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

Rhea-AI Filing Summary

Veris Residential, Inc. (VRE) Form 144 notice of proposed sale. The filer notified intent to sell 41,018 shares of common stock through Morgan Stanley Smith Barney LLC on 09/18/2025. The securities were acquired in open market purchases on 11/21/2018 (12 shares) and 11/26/2018 (41,006 shares). The filing lists the issuer's outstanding shares as 93,421,769 and identifies the NYSE as the exchange.

The submission also discloses multiple recent sales by related entities (MIRELF VI REIT INVESTMENT II, LLC and MIRELF VII US SECURITIES LLC) on dates from 09/09/2025 to 09/17/2025, showing individual transaction sizes such as 114,560, 106,897, 85,440, and proceeds reported for each trade. The filer certifies no undisclosed material adverse information.

Positive

  • Rule 144 disclosure appears complete with acquisition dates, broker, and sale details provided
  • Filer represents no undisclosed material adverse information and includes required seller certification language

Negative

  • Multiple large affiliate sales disclosed between 09/09/2025 and 09/17/2025 (examples: 114,560; 106,897; 85,440 shares) which may be noteworthy to shareholders
  • Filing does not identify the specific filer CIK or person name in the provided content, limiting immediate identification of the selling party

Insights

TL;DR: Filing notifies a small proposed sale and discloses multiple recent affiliate sales with reported proceeds.

The Form 144 indicates a proposed sale of 41,018 common shares on 09/18/2025 via Morgan Stanley Smith Barney LLC, with the shares originally acquired in late November 2018 in open market purchases. The filing separately lists numerous recent sales by affiliated entities across 09/09–09/17/2025 with reported gross proceeds per trade. The filing follows Rule 144 mechanics by stating acquisition dates, nature of acquisition, and broker information. The disclosure includes the issuer's outstanding share count (93,421,769), which allows readers to gauge the relative size of the proposed sale.

TL;DR: Proper Rule 144 disclosure of insider/affiliate sales; multiple recent dispositions are documented.

The document presents the required seller representations and signature warnings and affirms the filer does not possess undisclosed material adverse information. It itemizes acquisition history and payment method (cash) for the securities to be sold. It also records a string of recent sales by entities named MIRELF VI and MIRELF VII with explicit trade dates, share counts, and gross proceeds—useful for compliance and ownership tracking. No additional corporate actions or material operational details are included in this notice.

144: Filer Information

144: Issuer Information

144: 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: 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: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the Form 144 filed for VRE disclose about the proposed sale?

The Form 144 discloses a proposed sale of 41,018 common shares through Morgan Stanley Smith Barney LLC on 09/18/2025, acquired in open market purchases in November 2018.

How many shares outstanding does the filing report for Veris Residential (VRE)?

The filing reports 93,421,769 shares outstanding.

Were there recent sales by related entities disclosed in this Form 144?

Yes; the filing lists multiple recent sales by MIRELF VI REIT INVESTMENT II, LLC and MIRELF VII US SECURITIES LLC between 09/09/2025 and 09/17/2025 with reported share amounts and gross proceeds for each trade.

Where will the proposed shares be sold and who is the broker?

The proposed sale is to be executed on the NYSE through Morgan Stanley Smith Barney LLC.

Does the filing state whether the securities were paid for in cash?

Yes; the acquisition table shows the purchases were paid in cash.
Veris Residential Inc

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