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[Form 4] Veris Residential, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Akiva Katz, a director of Veris Residential, Inc. (VRE), was awarded 1,857.788 phantom stock units on 09/30/2025 under the company's Deferred Compensation Plan for Directors. The filing states the phantom units convert to common stock on a one‑for‑one basis and the award represents a quarterly director fee plus a quarterly dividend credited on cumulative phantom units. After the award, Mr. Katz directly beneficially owns 24,985.418 shares of Veris common stock. The phantom units are to be settled 100% in common stock upon the reporting person’s termination of Board service or upon a change in control.

Akiva Katz, direttore di Veris Residential, Inc. (VRE), è stato assegnato 1,857.788 unità di azioni fantasma il 30/09/2025 ai sensi del Piano di Compensazione Differita per Direttori della società. La scheda di deposito indica che le unità fantasma si convertono in azioni ordinarie su base uno a uno e che l'assegnazione rappresenta una quota fissa trimestrale per i direttori più un dividendo trimestrale accreditato sulle unità fantasma accumulate. Dopo l'assegnazione, il signor Katz detiene direttamente e beneficiariamente 24,985.418 azioni ordinarie di Veris. Le unità fantasma dovranno essere liquidate al 100% in azioni ordinarie al termine della carica nel Consiglio o in caso di cambio di controllo.

Akiva Katz, director de Veris Residential, Inc. (VRE), recibió 1,857.788 unidades fantasma de acciones el 30/09/2025 bajo el Plan de Compensación Diferida para Directores de la empresa. El archivo indica que las unidades fantasma se convierten a acciones comunes en una base de uno a uno y que la recompensa representa una cuota trimestral de director más un dividendo trimestral acreditado sobre las unidades fantasma acumuladas. Después del premio, el Sr. Katz es propietario directo y beneficioso de 24,985.418 acciones ordinarias de Veris. Las unidades fantasma deben liquidarse al 100% en acciones comunes al momento de la terminación del servicio en la Junta o en caso de un cambio de control.

Akiva KatzVeris Residential, Inc. (VRE)의 이사이며, 회사의 이사회 보상 연기 계획에 따라 2025년 9월 30일1,857.788개의 팬텀 주식 단위를 수여받았습니다. 이 신고서는 팬텀 단위가 1대 1의 비율로 보통주로 전환되며 이 수여가 분기별 이사진 보수와 누적 팬텀 단위에 적립된 분기 배당금을 나타낸다고 설명합니다. 수여 후, Katz 이사는 Veris의 보통주 24,985.418주를 직접적으로 유익하게 소유합니다. 팬텀 단위는 보고 당사자의 이사회 서비스 종료 시 또는 지배권 변경 시점에 100% 보통주로 정산됩니다.

Akiva Katz, administrateur de Veris Residential, Inc. (VRE), a reçu 1,857.788 unités d'actions fantômes le 30/09/2025 dans le cadre du Plan de Rémunération Différée pour les Administrateurs de l'entreprise. Le dépôt indique que les unités fantômes se convertissent en actions ordinaires sur une base de 1 pour 1 et que la récompense représente des frais trimestriels d'administrateur plus un dividende trimestriel crédité sur les unités fantômes cumulées. Après l'attribution, M. Katz détient directement et bénéficiairement 24,985.418 actions ordinaires de Veris. Les unités fantômes doivent être réglées à 100 % en actions ordinaires lors de la cessation du service au conseil ou lors d'un changement de contrôle.

Akiva Katz, Direktor von Veris Residential, Inc. (VRE), erhielt am 30/09/2025 unter dem Deferred Compensation Plan for Directors des Unternehmens 1,857.788 Phantom-Aktieneinheiten. Die Einreichung besagt, dass die Phantom-Einheiten eins zu eins in Stammaktien umgewandelt werden und die Zuwendung eine vierteljährliche Direktorenvergütung plus eine vierteljährliche Dividende, die auf kumulierte Phantom-Einheiten gutgeschrieben wird, darstellt. Nach der Zuteilung besitzt Herr Katz direkt und vorteilhaft 24,985.418 Stammaktien von Veris. Die Phantom-Einheiten sollen 100% in Stammaktien abgewickelt werden, wenn die Berichtspartei ihre Tätigkeit im Vorstand beendet oder bei einer Kontrollveränderung.

آكيفا كاتز، مدير Veris Residential, Inc. (VRE)، مُنِح 1,857.788 وحدة أسهم أشباح في 30/09/2025 بموجب خطة التعويض المؤجل للمسؤولين بالشركة. تقول المذكرة أن الوحدات الشبحية تتحول إلى أسهم عادية بنسبة واحد إلى واحد وأن الجائزة تمثل أتعاب مدير فصلية بالإضافة إلى توزيعات ربح فصلية تُضاف إلى الوحدات الشبحية التراكمية. بعد المنح، يملك السيد كاتز بشكل مباشر وبمنفعة 24,985.418 سهماً عادياً من أسهم Veris. يجب تسوية الوحدات الشبحية 100% في أسهم عادية عند انتهاء خدمة عضو المجلس لدي الشركة أو عند حدوث تغيير في السيطرة.

阿基瓦·卡茨,是 Veris Residential, Inc. (VRE) 的董事,依据公司为董事设立的延期薪酬计划,在 2025/09/30 获授了 1,857.788 单位的幻象股票。申报称,这些幻象单位按一对一的比例转换为普通股,且该奖励代表季度董事会费以及对累积幻象单位计入的季度股息。授予后,卡茨先生直接持有 Veris 的普通股 24,985.418 股。幻象单位应在报告人终止董事会服务或发生控制变更时全部以普通股结算。

Positive
  • 1,857.788 phantom stock units awarded, showing director compensation credited under the Deferred Compensation Plan
  • Phantom units convert one‑for‑one to common stock and are to be settled 100% in common stock on termination or change in control
  • Reporting person holds 24,985.418 shares of common stock following the award
Negative
  • None.

Insights

Director received deferred compensation in phantom units convertible one‑for‑one to common stock.

The Form 4 documents a non‑cash award of 1,857.788 phantom stock units dated 09/30/2025. The filing specifies these units were credited as a quarterly director fee and a quarterly dividend under the Deferred Compensation Plan for Directors.

The units convert one‑for‑one into common shares and will be settled entirely in common stock upon the director’s board service termination or a change in control, per the filing. This creates a clear, documented pathway from deferred units to equity for this reporting person.

Filing shows director compensation is equity‑settled upon exit or change in control.

The disclosure states the phantom units were accrued and will be settled 100% in Veris common stock upon termination of service or change in control. That settlement mechanism is explicitly described in the Form 4.

Post‑award, the director’s direct beneficial ownership is reported as 24,985.418 shares, a fact useful for assessing insider holdings and potential voting influence.

Akiva Katz, direttore di Veris Residential, Inc. (VRE), è stato assegnato 1,857.788 unità di azioni fantasma il 30/09/2025 ai sensi del Piano di Compensazione Differita per Direttori della società. La scheda di deposito indica che le unità fantasma si convertono in azioni ordinarie su base uno a uno e che l'assegnazione rappresenta una quota fissa trimestrale per i direttori più un dividendo trimestrale accreditato sulle unità fantasma accumulate. Dopo l'assegnazione, il signor Katz detiene direttamente e beneficiariamente 24,985.418 azioni ordinarie di Veris. Le unità fantasma dovranno essere liquidate al 100% in azioni ordinarie al termine della carica nel Consiglio o in caso di cambio di controllo.

Akiva Katz, director de Veris Residential, Inc. (VRE), recibió 1,857.788 unidades fantasma de acciones el 30/09/2025 bajo el Plan de Compensación Diferida para Directores de la empresa. El archivo indica que las unidades fantasma se convierten a acciones comunes en una base de uno a uno y que la recompensa representa una cuota trimestral de director más un dividendo trimestral acreditado sobre las unidades fantasma acumuladas. Después del premio, el Sr. Katz es propietario directo y beneficioso de 24,985.418 acciones ordinarias de Veris. Las unidades fantasma deben liquidarse al 100% en acciones comunes al momento de la terminación del servicio en la Junta o en caso de un cambio de control.

Akiva KatzVeris Residential, Inc. (VRE)의 이사이며, 회사의 이사회 보상 연기 계획에 따라 2025년 9월 30일1,857.788개의 팬텀 주식 단위를 수여받았습니다. 이 신고서는 팬텀 단위가 1대 1의 비율로 보통주로 전환되며 이 수여가 분기별 이사진 보수와 누적 팬텀 단위에 적립된 분기 배당금을 나타낸다고 설명합니다. 수여 후, Katz 이사는 Veris의 보통주 24,985.418주를 직접적으로 유익하게 소유합니다. 팬텀 단위는 보고 당사자의 이사회 서비스 종료 시 또는 지배권 변경 시점에 100% 보통주로 정산됩니다.

Akiva Katz, administrateur de Veris Residential, Inc. (VRE), a reçu 1,857.788 unités d'actions fantômes le 30/09/2025 dans le cadre du Plan de Rémunération Différée pour les Administrateurs de l'entreprise. Le dépôt indique que les unités fantômes se convertissent en actions ordinaires sur une base de 1 pour 1 et que la récompense représente des frais trimestriels d'administrateur plus un dividende trimestriel crédité sur les unités fantômes cumulées. Après l'attribution, M. Katz détient directement et bénéficiairement 24,985.418 actions ordinaires de Veris. Les unités fantômes doivent être réglées à 100 % en actions ordinaires lors de la cessation du service au conseil ou lors d'un changement de contrôle.

Akiva Katz, Direktor von Veris Residential, Inc. (VRE), erhielt am 30/09/2025 unter dem Deferred Compensation Plan for Directors des Unternehmens 1,857.788 Phantom-Aktieneinheiten. Die Einreichung besagt, dass die Phantom-Einheiten eins zu eins in Stammaktien umgewandelt werden und die Zuwendung eine vierteljährliche Direktorenvergütung plus eine vierteljährliche Dividende, die auf kumulierte Phantom-Einheiten gutgeschrieben wird, darstellt. Nach der Zuteilung besitzt Herr Katz direkt und vorteilhaft 24,985.418 Stammaktien von Veris. Die Phantom-Einheiten sollen 100% in Stammaktien abgewickelt werden, wenn die Berichtspartei ihre Tätigkeit im Vorstand beendet oder bei einer Kontrollveränderung.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
KATZ A. AKIVA

(Last) (First) (Middle)
C/O BOW STREET LLC
595 MADISON AVENUE, 29TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Veris Residential, Inc. [ VRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units $0(1) 09/30/2025 A 1,857.788(2) (3) (3) Common Stock, $0.01 par value 1,857.788 $15.2 24,985.418 D
Explanation of Responses:
1. The phantom stock units convert to common stock on a one-for-one basis.
2. The number of phantom stock units awarded is comprised of a quarterly director's fee earned and a quarterly dividend credited on cumulative phantom stock units under the Veris Residential, Inc. Deferred Compensation Plan for Directors.
3. The phantom stock units were accrued under the Veris Residential, Inc. Deferred Compensation Plan for Directors and are to be settled 100% in Veris Residential, Inc. common stock upon the termination of the reporting person's service on the Board of Directors of Veris Residential, Inc. or upon a change in control of Veris Residential, Inc.
/s/ A. Akiva Katz 10/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Veris Residential director Akiva Katz receive on 09/30/2025 (VRE)?

Per the Form 4, Mr. Katz was awarded 1,857.788 phantom stock units on 09/30/2025 under the Veris Deferred Compensation Plan for Directors.

How do the phantom stock units convert to Veris common stock (VRE)?

The filing states the phantom stock units convert to common stock on a one‑for‑one basis.

When will the phantom units be settled into Veris (VRE) common stock?

The Form 4 specifies settlement 100% in common stock upon the reporting person’s termination of Board service or upon a change in control.

How many Veris shares does Akiva Katz beneficially own after the award (VRE)?

The filing reports Mr. Katz beneficially owns 24,985.418 shares following the reported transaction.

What comprised the awarded phantom stock units (VRE)?

The filing explains the 1,857.788 phantom units represent a quarterly director’s fee earned plus a quarterly dividend credited on cumulative phantom units.
Veris Residential Inc

NYSE:VRE

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1.40B
72.70M
9.63%
101.03%
3.86%
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United States
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