Veris Residential (VRE) Form 144 Filed for 56,972-Share Sale
Rhea-AI Filing Summary
Veris Residential, Inc. (VRE) filed a Form 144 reporting a proposed sale of 56,972 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $859,484.73. The filer reports that these shares were acquired on 12/04/2018 in an open market purchase and paid in cash. The notice lists multiple recent sales by affiliated entities between 09/09/2025 and 10/02/2025, each showing the number of shares sold and gross proceeds. The filer attests no undisclosed material adverse information.
Positive
- Form 144 filed showing regulatory compliance for proposed sale
- Securities were acquired on 12/04/2018 and paid in cash, per filer disclosure
Negative
- Proposed sale of 56,972 shares with aggregate market value of $859,484.73
- Multiple recent dispositions by affiliated entities between 09/09/2025 and 10/02/2025 indicating ongoing share sales
Insights
TL;DR: A compliance sale notice for 56,972 shares is filed; multiple recent dispositions by affiliated entities are disclosed.
The filing documents a proposed open-market sale of 56,972 common shares with an aggregate market value of $859,484.73, acquired on 12/04/2018. The form also lists numerous completed sales by related entities dated 09/09/2025 through 10/02/2025, each showing share counts and gross proceeds.
This is primarily a regulatory disclosure ensuring compliance with Rule 144 and does not itself state any operational or financial changes at the issuer.